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 October 22, 2005

Filer Filing Type Filing Proposal End of Comment Period
CENTERBANK FINANCIAL, INC. * 3A1 CenterBank Financial, Inc., Northfield, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of CenterBank and Trust, National Association (in organization), Deerfield, Illinois.
Newspaper: Not available
Federal Register: 11/18/2005
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branch facilities to be located at 23330 Westheimer Parkway, Katy, Texas, and at 8707 Highway 6 South, Houston, Texas.
Newspaper: Not available
Federal Register: Not applicable
COMMUNITY FIRST BANK-CHICAGO * Branch Community First Bank-Chicago (in organization), Chicago, Illinois, to establish a mobile bank courier service located and operated within a 35 mile radius of the bank's main office.
Newspaper: 10/28/2005
Federal Register: Not applicable
FIRST MIDWEST BANK * 18C
* Branch
First Midwest Bank, Itasca, Illinois, to purchase the assets and assume the liabilities of the Carpentersville, Illinois branch of Elgin State Bank, Elgin, Illinois, and thereby to establish a branch located at 2250 Randall Road, Carpentersville, Illinois.
Newspaper: Not available
Federal Register: Not applicable
MARSHALL & ILSLEY CORPORATION 4c8 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, to acquire through its wholly-owned subsidiary, Metavante Corporation, 100 percent of the issued and outstanding capital stock of Link2Gov Corp., Nashville, Tennessee, and thereby engage in data processing activities.
Newspaper: Not applicable
Federal Register: 11/09/2005
PALOS BANCSHARES, INC. 4c8 Palos Bancshares, Inc., Palos Heights, Illinois, to retain the non-banking activity of extending credit and servicing loans.
Newspaper: Not applicable
Federal Register: 11/09/2005
PLYMOUTH BANCORP INC. * 3A1 Plymouth Bancorp Inc., Kirkwood, Missouri, to become a bank holding company by acquiring 100 percent of the voting shares of Community State Bank of Plymouth, Plymouth, Illinois.
Newspaper: 11/15/2005
Federal Register: 10/28/2005
R & J FINANCIAL CORPORATION CIC Notice by James Jay Johnson, Sutherland, Iowa, to gain control of R & J Financial Corporation, Inc., Elma, Iowa, and thereby indirectly Peoples Savings Bank, Charles City, Iowa.
Newspaper: Not available
Federal Register: 10/31/2005
SOUTHWEST BANK OF ST. LOUIS * Branch Southwest Bank of St. Louis, St. Louis, Missouri, to establish a branch facility to be located at Highway K and Laura Hill Road, O'Fallon, Missouri.
Newspaper: 10/25/2005
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
SECURITY SVG BK, GOWRIE, IOWA 616540 07/11/2005 10/12/2005 S Small Bank
WARREN BK, WARREN, MICHIGAN 2685504 05/16/2005 10/17/2005 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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