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 11, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

ARBOR BANCORP, INC.

CIC

Notice by Christopher S. Grant, Ann Arbor, Michigan, as Trust Director of The Martin Grandchildren's Trust, the William C. Martin GRAT Remainder Trust f/b/o William S. Martin, and the William C. Martin GRAT Remainder Trust f/b/o Michael C. Martin (collectively the "Trusts"), to join the Martin Family Control Group as approved on December 15, 2017; June 21, 2018; and November 8, 2019, which includes the Trusts; and acquire control of 10 percent or more of the voting shares of Arbor Bancorp, Inc., and thereby indirectly control Bank of Ann Arbor, both of Ann Arbor, Michigan.

Newspaper:	07/22/2020
Federal Register:	07/22/2020

FIRST STATE BANK HOLDING COMPANY

CIC

Notice by Nancy Toppenberg, Newton, Iowa, together with Linda Fleagle and Jerry Fleagle both of Coralville, Iowa, and Brian Toppenberg, Norwalk, Iowa, as a group acting in concert, to acquire control of more than 10 percent of the voting shares of First State Bank Holding Company, and thereby indirectly control First State Bank, both of Lynnville, Iowa.

Newspaper:	07/31/2020
Federal Register:	07/21/2020

FORWARD MUTUAL HOLDING COMPANY

SLHC Activity
* MHC Formation
* MHC Mid-Tier Formation

Forward Mutual Holding Company and Forward Financial, Inc., to convert from bank holding companies to a mutual holding company and a mid-tier stock savings and loan holding company, respectively, through retention of 100 percent of Forward Bank, a state savings bank, all of Marshfield, Wisconsin. Forward Mutual Holding Company and Forward Financial, Inc. also propose to indirectly engage in real estate development and management activities through retention of a nonbank subsidiary, pursuant to Section 238.53(b)(4)-(8) of Regulation LL.

Newspaper:	Not available
Federal Register:	Not available

KATZ ACQUISITION CORPORATION, LLC

* 3A1

Katz Acquisition Corporation, LLC, Tampa, Florida, to become a bank holding company by acquiring 100 percent of Camp Grove Bancorp, Inc., and indirectly acquire Camp Grove State Bank, both of Camp Grove, Illinois.

Newspaper:	08/01/2020
Federal Register:	07/24/2020

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

NORTHERN TRUST COMPANY, THE

* Branch

The Northern Trust Company, Chicago, Illinois, to establish a branch office at One Tower Lane, Oakbrook Terrace, Illinois.

Newspaper:	07/10/2020
Federal Register:	Not applicable

WATERMAN ACQUISITION GROUP, LLC

CIC

Michael Kaufman, as trustee of The Michael Kaufman Living Trust dated March 13, 2019 to be added to the current control group, which includes Michael Kaufman, Mark Bear, Jodi Urkov, Jon Crumlish, Dave Carno, and Lukasz Wojtakik, to acquire control of Waterman Acquisition Group, LLC., Wilmette, Illinois and thereby indirectly acquire Waterman State Bank, Waterman, Illinois.

Newspaper:	Not available
Federal Register:	07/27/2020

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
BANK MIDWEST, SPIRIT LAKE, IOWA	45551	02/10/2020	07/06/2020	S	Int Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending July 11, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago