Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending May 7, 2016

Filer Filing Type Filing Proposal End of Comment Period
BLACKHAWK BANCORPORATION, INC. * 3A5 Blackhawk Bancorporation, Inc., Milan, Illinois, to merge with First Port Byron Bancorp, Inc. and thereby indirectly acquire Port Byron State Bank, both of Port Byron, Illinois.
Newspaper: 05/02/2016
Federal Register: 05/13/2016
COUNTY BANK CORP * 3A5
* 18C
* Branch
County Bank Corporation, Lapeer, Michigan, to merge with Capac Bancorp, Inc., Capac, Michigan. Immediately following the merger, LaPeer County Bank & Trust Company, LaPeer, Michigan will merge with CSB Bank, Capac, Michigan and an application for LaPeer County Bank and Trust Company, LaPeer, Michigan to operate all offices of CSB Bank, Capac, Michigan as branches at 206 North Main Street, Capac, Michigan; 5515 Van Dyke Road, Almont, Michigan; 72890 North Avenue, Armada, Michigan; 3177 Main Street, Emmett, Michigan; 148 North Almont Avenue, Imlay City, Michigan; 81111 Main Street, Memphis, Michigan; 3 North Main Street, Yale, Michigan.
Newspaper: 05/13/2016
Federal Register: 05/27/2016
STATE BANCO, LTD. CIC Notice by William C. Wetzeler, Spirit Lake, Iowa, individually to control more than 25 percent and acting in concert with Carol L. Schultz, Judith K. Nece, and Andrew J. Schultz, all of Spirit Lake, Iowa, to join the Wetzeler Family Control Group as approved on July 22, 1983 and retain control of 100 percent of the voting shares of State Banco, LTD, Spirit Lake, Iowa, and thereby indirectly control The State Bank, Spirit Lake, Iowa.
Newspaper: 05/18/2016
Federal Register: 05/17/2016
STC BANCSHARES CORP. CIC Robert Greco, Wayne, Illinois, together with Gian Greco, Wayne, Illinois; Pasquale Greco, St. Charles, Illinois, Francesca Greco, Jaffe, St. Charles, Illinois and Eduardo Greco, St. Charles, Illinois; as a group acting in concert, to acquire over ten percent of the voting shares of STC Bancshares Corp., St. Charles, Illinois, and thereby indirectly control of STC Capital Bank, St. Charles, Illinois.
Newspaper: Not available
Federal Register: 03/24/2016
WCF FINANCIAL, M.H.C. * MHC Conversion WCF Financial, M.H.C., Webster City, Iowa, to convert to stock form and merge with and into Webster City Federal Bancorp, Webster City, Iowa. In connection with this application, Webster City Federal Bancorp will be merged into a de novo corporation named WCF Bancorp, Inc., an Iowa corporation, which has applied to become a savings and loan holding company by acquiring 100 percent of the voting shares of WCF Financial Bank, Webster City, Iowa.
Newspaper: Not available
Federal Register: 04/11/2016


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco