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 September 19, 2020

Filer Filing Type Filing Proposal End of Comment Period
AGCOM HOLDINGS, INC. * 3A1 AgCom Holdings, Inc., Holstein, Iowa, to become a bank holding company by acquiring 100 percent of Maxwell State Bank, Maxwell, Iowa.
Newspaper: Not available
Federal Register: Not available
BRICKYARD BANCORP, INC. CIC Eric Rothner as trustee of the N&S Rothner Family Trust together with David Aronin and Gale Rothner as co-trustees of various Rothner Family trusts to form the Rothner Control Group and thereby retain control of 100 percent of Brickyard Bancorp, Inc., Lincolnwood, Illinois. Brickyard Bancorp, Inc. and thereby indirectly control Brickyard Bank, Lincolnwood, Illinois
Newspaper: Not available
Federal Register: Not available
HOYNE SAVINGS, MHC MHC Charter/Bylaw Amend Hoyne Savings, MHC, Chicago, Illinois is providing notice to amend its MHC charter to confer membership rights in the MHC for borrowers of Loomis Federal Savings and Loan Association pursuant to 12 CFR 239.14.
Newspaper: Not applicable
Federal Register: Not applicable
INDEPENDENT BANK * Branch Independent Bank, Grand Rapids, Michigan, to establish a branch at 8700 North 2nd Street, Brighton, Michigan.
Newspaper: 09/16/2020
Federal Register: Not applicable


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 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