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 November 28, 2020

Filer Filing Type Filing Proposal End of Comment Period
ALLIANCE BANCORP CIC Alliance Bancorp Employee Stock Ownership Plan with 401(k) Provisions, Francesville, Indiana, together with Shane R. Pilarski, Francesville, Indiana, Ronald K. Kruger, Francesville, Indiana, and Alyssa M. Chapman, Winamac, Indiana, as administrators, and as a group acting in concert, to retain control of 10 percent or more of the voting shares of Alliance Bancorp, Francesville, Indiana, and thereby indirectly control Alliance Bank, Francesville, Indiana.
Newspaper: Not available
Federal Register: 12/08/2020
CBI BANK & TRUST * 18C
* Branch
CBI Bank & Trust, Muscatine, Iowa to merge with The Farmers and Mechanics Bank, Galesburg, Illinois and thereby establish branches at the following locations: 1230 N Henderson St, Galesburg, Illinois; 2616 Veterans Dr, Galesburg, Illinois; 21 E Main St, Galesburg, Illinois; 123 E Knoxville St, Brimfield, Illinois; and 4900 N Glen Park Pl, Peoria, Illinois.
Newspaper: Not available
Federal Register: Not applicable
DELHI BANCSHARES, INC. CIC Tamara L. Danover, Marion, Iowa, and Terry D. Cooper, Cedar Rapids, Iowa, individually and as trustees of the Delhi Bancshares, Inc. Subtrust, Marion, Iowa, the Delhi Bancshares, Inc. Subtrust, Marion, Iowa, together with Barbara A. Cooper, Robins, Iowa, individually and as trustee of the Delhi Bancshares, Inc. Revocable Trust, Robins, Iowa, the Delhi Bancshares, Inc. Revocable Trust, Robins, Iowa, Tad C. Cooper, Cedar Rapids, Iowa, and Tony A. Cooper, Batavia, Illinois, as a group acting in concert, to retain 25 percent or more of the shares and thereby control of Delhi Bancshares, Inc. and indirectly control Heritage Bank, both of Marion, Iowa.
Newspaper: 12/14/2020
Federal Register: 12/10/2020
FIRST MID BANCSHARES, INC. * 3A5 First Mid Bancshares Inc., Mattoon, Illinois to acquire 100 percent of LINCO Bancshares, Inc., and thereby indirectly acquire Providence Bank, both of Columbia, Missouri.
Newspaper: 12/02/2020
Federal Register: 12/18/2020
INDEPENDENCE BANCSHARES, INC. * 3A3 Independence Bancshares, Inc., Independence, Iowa, to acquire 100 percent of First State Bank, Sumner, Iowa.
Newspaper: Not available
Federal Register: 12/21/2020
TOWN AND COUNTRY BANK * Branch Town and Country Bank, Springfield, Illinois, to establish a Branch at 404 North Hershey Road, Suite B, Bloomington, Illinois.
Newspaper: Not available
Federal Register: Not applicable
VANGUARD GROUP, INC. CIC Notice by The Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates (together with The Vanguard Group, Inc., "Vanguard"), and the investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire aggregate control of 15 percent or more of the voting shares of Northern Trust Corporation, parent of The Northern Trust Company, both of Chicago, Illinois.
Newspaper: Not available
Federal Register: 12/16/2020
VANGUARD GROUP, INC. CIC Notice by The Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates (together with The Vanguard Group, Inc., "Vanguard"), and the investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire aggregate control of 15 percent or more of the voting shares of Discover Financial Services, Riverwoods, Illinois, parent of Discover Bank, Greenwood, Delaware.
Newspaper: Not available
Federal Register: 12/16/2020


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
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