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 9, 2006

Filer Filing Type Filing Proposal End of Comment Period
CHOICEONE BANK * 18C
* Branch
ChoiceOne Bank, Sparta, Michigan, to merge with Valley Ridge Bank, Kent City, Michigan, and thereby to establish 9 branches.
Newspaper: 09/30/2006
Federal Register: Not applicable
CHOICEONE FINANCIAL SERVICES, INC. * 3A5 ChoiceOne Financial Services, Inc., Sparta, Michigan, to merge with Valley Ridge Financial Corp., Kent City, Michigan, and thereby indirectly acquire Valley Ridge Bank, Kent City, Michigan, and the related application to become a financial holding company.
Newspaper: 09/30/2006
Federal Register: 10/06/2006
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branches to be located at 2432 E. Katella, Building A, Anaheim, California, and 401 Grand Ave., South San Francisco, California.
Newspaper: Not available
Federal Register: Not applicable
DEMOTTE STATE BANK * Branch DeMotte State Bank, DeMotte, Indiana, to establish a branch to be located at 211 W. Drexel Parkway, Rensselaer, Indiana.
Newspaper: 09/12/2006
Federal Register: Not applicable
F. & M. BANCORP. OF TOMAH, INC. 4c8 12-day Notice - F.& M. Bancorp of Tomah, Inc., Tomah, Wisconsin, to purchase over-line loans originated by Farmers & Merchants Bank of Tomah.
Newspaper: Not applicable
Federal Register: Not applicable
HEARTLAND FINANCIAL USA, INC. * 3A1
* 3A3
Heartland Financial USA, Inc., Dubuque, Iowa, to acquire 99 percent of the voting shares of Summit Acquisition Corporation, Broomfield, Colorado, and thereby indirectly acquire Summit Bank & Trust (in organization), Broomfield, Colorado, and the related application by Summit Acquisition Corporation, Broomfield, Colorado, to become a bank holding company by acquiring 100 percent of the voting shares of Summit Bank & Trust (in organization), Broomfield, Colorado.
Newspaper: Not available
Federal Register: 10/06/2006
HINSDALE BANK & TRUST COMPANY * 18C
* Branch
Hinsdale Bank & Trust Company, Hinsdale, Illinois, to purchase the assets and assume the liabilities of four branches of Hinsbrook Bank & Trust, Willowbrook, Illinois, and thereby to establish 4 branches.
Newspaper: Not available
Federal Register: Not applicable
PRIVATEBANCORP, INC. * 3A5 PrivateBancorp, Inc., Chicago, Illinois, to acquire 100 percent of the voting shares of Piedmont Bancshares, Inc., Atlanta, Georgia, and thereby indirectly acquire Piedmont Bank of Georgia, Atlanta, Georgia.
Newspaper: Not available
Federal Register: Not available
TOWN BANCSHARES, INC. * 3A1 Town Bancshares, Inc., Antioch, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Town Community Bank and Trust (formerly Greater North Bank), Antioch, Illinois.
Newspaper: Not available
Federal Register: 10/06/2006
WHEATON BANK & TRUST * 18C
* Branch
Wheaton Bank & Trust, Wheaton, Illinois, to purchase the assets and assume the liabilities of two branches of Hinsbrook Bank & Trust, Willowbrook, Illinois, and thereby to establish two branches.
Newspaper: Not available
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
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