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 30, 2020

Filer Filing Type Filing Proposal End of Comment Period
BATH STATE BANCORP EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS 4c8
* 3A1
Bath State Bancorp Employee Stock Ownership Plan With 401(k) Provisions, Bath, Indiana ("ESOP"), to become a bank holding company by acquiring up to 30 percent of Bath State Bancorp, Bath, Indiana, and thereby acquiring control of Bath State Bank, Bath, Indiana. ESOP also requests permission to engage in extending credit and servicing loans pursuant to Section 225.28(b)(1) of Regulation Y.
Newspaper: 06/28/2020
Federal Register: 06/22/2020
HOYNE SAVINGS, MHC * SLHC Acquisition Hoyne Savings, MHC and Hoyne Financial Corporation, both of Chicago, Illinois, to acquire control of Loomis Federal Savings and Loan Association, Chicago, Illinois pursuant to the Home Owners Loan Act ("HOLA") and 12 C.F.R. Part 238.11(b) and 12 C.F.R. Part 239.7(a)(1) and (a)(2) of Regulation MM. Under the proposal, Hoyne Savings, MHC would form an interim Illinois-chartered stock savings bank, Hoyne Interim Bank. Loomis Federal Savings and Loan Association and the applicants' existing subsidiary savings association, Hoyne Savings Bank, Chicago, Illinois, would then each be merged with and into Hoyne Interim Bank. Hoyne Interim Bank would be the surviving institution and would be known thereafter as "Hoyne Savings Bank."
Newspaper: Not available
Federal Register: Not available
LASALLE BANCORP, INC. CIC Notice by S.C. Investments, L.P., Palatine, Illinois, with Gerald F. Fitzgerald as general partner; the Fitzgerald Dynasty Trust, Palatine, Illinois, with Denise M. Fitzgerald as trustee; the James G. Fitzgerald 1988 Trust, Naples, Florida, with James G. Fitzgerald as trustee; the Andrew J. Fitzgerald 2011 Trust, Santa Barbara, California, with Andrew J. Fitzgerald as trustee; the Timothy E. Fitzgerald 2011 Trust, Naples, Florida, with Timothy J. Fitzgerald and James G. Fitzgerald as co-trustees; and the Whooper Trust, Naples, Florida, with Jane M. Fitzgerald as trustee, as a group acting in concert, to join the Fitzgerald family control group, to retain and acquire 25 percent or more of LaSalle Bancorp, LaSalle, Illinois and thereby indirectly control Hometown National Bank, LaSalle, Illinois.
Newspaper: Not available
Federal Register: 06/17/2020


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
BARABOO ST BK, BARABOO, WISCONSIN 24949 01/13/2020 05/25/2020 S Int Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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