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 March 18, 2006

Filer Filing Type Filing Proposal End of Comment Period
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan, to acquire through its subsidiary, Capitol Development Bancorp Limited IV, Lansing, Michigan, 51 percent of the voting shares of Evansville Commerce Bank (in organization), Evansville, Indiana.
Newspaper: Not available
Federal Register: 04/13/2006
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan, to acquire through its subsidiary, Capitol Development Bancorp Limited IV, Lansing, Michigan, 51 percent of the voting shares of Sunrise Bank of Atlanta (in organization), Atlanta, Georgia.
Newspaper: Not available
Federal Register: 04/14/2006
CAPITOL BANCORP LTD. 4c8 Capitol Bancorp, Ltd., Lansing, Michigan, proposes to engage de novo in financial and investment advisory activities, and securities brokerage services, through its wholly-owned subsidiary, Capitol Wealth, Inc., Lansing, Michigan.
Newspaper: Not applicable
Federal Register: 04/06/2006
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 801 N. San Fernando Blvd., Burbank, California.
Newspaper: Not available
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 1037 State Road 7, Suite 117, Wellington, Florida.
Newspaper: Not available
Federal Register: Not applicable
EXCHANGE FINANCIAL, INC. * 3A1 Exchange Financial, Inc., Adair, Iowa, to become a bank holding company by acquiring 100 percent of Exchange State Bank, Adair, Iowa.
Newspaper: Not available
Federal Register: Not available
MAINSOURCE FINANCIAL GROUP, INC. * 4c8 Mainsource Financial Group, Inc., Greensburg, Indiana, to acquire 100 percent of the voting shares of HFS Bank, F.S.B., Hobart, Indiana, and thereby operate a savings association.
Newspaper: 03/05/2006
Federal Register: 03/06/2006
MIDWEST BANC HOLDINGS, INC. * 3A5
* 18C
* Branch
Midwest Banc Holdings, Inc., Melrose Park, Illinois, to acquire 100 percent of the voting shares of Royal American Corporation, Inverness, Illinois, and thereby indirectly acquire Royal American Bank, Inverness, Illinois, and by Midwest Bank and Trust Company, Elmwood Park, Illinois, to merge with Royal American Bank, Inverness, Illinois, and thereby to establish 7 branches.
Newspaper: Not available
Federal Register: 04/03/2006


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
PEOPLES' BK ARLINGTON HEIGHTS, ARLINGTON HEIGHTS, ILLINOIS 2813491 11/28/2005 03/09/2006 S Small 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