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 23, 2006

Filer Filing Type Filing Proposal End of Comment Period
BAYTREE BANCORP, INC. 4c8 Baytree Bancorp, Inc., Lake Forest, Illinois, to continue to engage de novo in riskless-principal transactions through its subsidiary, Baytree Bancorp Investments, Inc., Lake Forest, Illinois.
Newspaper: Not applicable
Federal Register: Not available
CITIZENS BANKING CORPORATION * 3A5 Citizens Banking Corporation, Flint, Michigan, to acquire 100 percent of the voting shares of Republic Bancorp, Inc., Owosso, Michigan, and thereby indirectly acquire Republic Bank, Lansing, Michigan.
Newspaper: Not available
Federal Register: 10/13/2006
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
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branch facilities to be located at 49 El Camino Real, Millbrae, California, and 4950 N. Garland Ave., Garland, Texas.
Newspaper: Not available
Federal Register: Not applicable
HEARTLAND FINANCIAL USA, INC. * 3A1
* 3A3
Heartland Financial USA, Inc., Dubuque, Iowa, to acquire up to 100 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
JOHNSON BANK * Branch Johnson Bank, Racine, Wisconsin, to establish a branch facility to be located at 18818 Four Peaks Boulevard, Rio Verde, Arizona, and to retain the branch previously established at 16155 N. 83rd Avenue, Peoria, Arizona.
Newspaper: 09/27/2006
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: 10/12/2006
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: 10/02/2006
Federal Register: 10/06/2006


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
FRONTIER SVG BK, COUNCIL BLUFFS, IOWA 2856939 06/05/2006 09/14/2006 S Small Bank
MARQUETTE BK, CHICAGO, ILLINOIS 716833 05/01/2006 09/14/2006 O 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