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

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending July 2, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

OREGON COMMUNITY BANK

* Branch

Oregon Community Bank, Oregon, Wisconsin, to establish a branch office located at the intersection of Highway Q and Water Wheel Drive, Waunakee, Wisconsin.

Newspaper:	07/05/2016
Federal Register:	Not applicable

OTTAWA SAVINGS BANCORP, MHC

* SLHC Formation
* MHC Conversion

Ottawa Savings Bancorp, MHC, Ottawa, Illinois, to convert to stock form and merge with and into Ottawa Savings Bancorp, Inc., Ottawa, Illinois. In connection with this application, Ottawa Savings Bancorp, Inc. will be merged into a de novo corporation named Ottawa Bancorp, Inc., a Maryland Corporation, which has applied to become a savings and loan holding company by acquiring 100 percent of the voting shares of Ottawa Savings Bank, Ottawa, Illinois.

Newspaper:	07/07/2016
Federal Register:	07/07/2016

PORTAGE COUNTY BANCSHARES, INC.

CIC

Daniel F. Burns and Nancy A. Burns, each individually and as trustees of the Daniel F. Burns and Nancy A. Burns Joint Revocable Trust dated February 22, 1994, and the Daniel F. Burns and Nancy A. Burns Joint Revocable Trust dated February 22, 1994, all of Stevens Point, Wisconsin; together with Richard Burns, as trustee of the Richard Burns Trust, and the Richard Burns Trust, each of Almond, Wisconsin, Edward S. Burns, of Almond, Wisconsin; Alice Richter, of Stevens Point, Wisconsin; and Nicholas Richard Burns, of Almond, Wisconsin, as a group acting in concert to retain control of 25 percent or more of the common stock of Portage County Bancshares, Inc., Almond, Wisconsin, and thereby indirectly control Portage County Bank, Almond, Wisconsin.

Newspaper:	Not available
Federal Register:	Not available

QCR HOLDINGS, INC.

* 3A3

QCR Holdings, Inc., Moline, Illinois, to acquire 100 percent of Community State Bank, Ankeny, Iowa.

Newspaper:	07/10/2016
Federal Register:	Not available

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

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending July 2, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago