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 February 24, 2018

Filer Filing Type Filing Proposal End of Comment Period
BOSSHARD FINANCIAL GROUP, INC. * 3A5
* 18C 		Bosshard Financial Group, Inc., La Crosse, Wisconsin, to merge with Oregon Bancorp, Inc., La Crosse, Wisconsin. In addition, Oregon Bancorp, Inc.s subsidiary bank, Oregon Community Bank, Oregon, Wisconsin, to merge with Grand Marsh State Bank, Grand Marsh, Wisconsin. As a result of the merger, Grand Marsh State Bank offices, located at 643 County Hwy E, Grand Marsh, Wisconsin, 501 N. Main St., Adams, Wisconsin, and 120 Vallette St., Oxford, Wisconsin, will become branches of Oregon Community Bank.
Newspaper: Not available
Federal Register: Not available
CBC FINANCIAL, INC. * 3A1 CBC Financial, Inc., Westmont, Illinois, to become a bank holding company through the acquisition of 100 percent of Citizens Bank of Chatsworth, Chatsworth, Illinois.
Newspaper: Not available
Federal Register: 11/07/2017
CHEBELLE CORPORATION * 3A3 Chebelle Corporation, Belle Plaine, Iowa, to acquire 100 percent of the outstanding shares of Victor State Bank, Victor, Iowa.
Newspaper: Not available
Federal Register: 02/16/2018


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 Second Quarter of 2018 (April 1, 2018 - June 30, 2018) and Third Quarter of 2018 (July 1, 2018 - September 30, 2018)

Institution Location Quarter
1ST SOURCE BK SOUTH BEND, INDIANASecond Quarter of 2018
BANK OF PONTIAC PONTIAC, ILLINOISSecond Quarter of 2018
CENTRAL ST BK ELKADER, IOWASecond Quarter of 2018
COMMUNITY FIRST BK BOSCOBEL, WISCONSINSecond Quarter of 2018
FAIRMOUNT ST BK FAIRMOUNT, INDIANASecond Quarter of 2018
FARMERS ST BK WESTERN IL ALPHA, ILLINOISSecond Quarter of 2018
FIRST AMER BK FORT DODGE, IOWASecond Quarter of 2018
FIRST BK HAMPTON HAMPTON, IOWASecond Quarter of 2018
FNB BK FONTANELLE, IOWASecond Quarter of 2018
INDEPENDENT BK GRAND RAPIDS, MICHIGANSecond Quarter of 2018
MAQUOKETA ST BK MAQUOKETA, IOWASecond Quarter of 2018
NATIONAL BK OF WAUPUN WAUPUN, WISCONSINSecond Quarter of 2018
BANK 1ST WEST UNION, IOWAThird Quarter of 2018
FIRST AMER BK FORT DODGE, IOWAThird Quarter of 2018
GARRETT ST BK GARRETT, INDIANAThird Quarter of 2018
INDEPENDENT BK GRAND RAPIDS, MICHIGANThird Quarter of 2018
JOHNSON BK RACINE, WISCONSINThird Quarter of 2018
NATIONAL BK OF WAUPUN WAUPUN, WISCONSINThird Quarter of 2018
TOWN & CNTRY BK SPRINGFIELD, ILLINOISThird Quarter of 2018

* 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

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Last update: March 01, 2018