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 January 13, 2007

Filer Filing Type Filing Proposal End of Comment Period
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VI, Lansing, Michigan, to acquire 51 percent of the voting shares of Sunrise Community Bank (in organization), Palm Desert, California.
Newspaper: 01/28/2007
Federal Register: 02/02/2007
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 23718-B El Toro Road, Lake Forest, California.
Newspaper: Not available
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 2500 E. Imperial Highway, Suite 190, Brea, California.
Newspaper: Not available
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 10111 W. Adams Avenue, Suite 101, Huntington Beach, California.
Newspaper: Not available
Federal Register: Not applicable
FIRST BUSEY CORPORATION * 3A5 First Busey Corporation, Urbana, Illinois, to merge with Main Street Trust, Inc., Champaign, Illinois, and thereby indirectly acquire Main Street Bank & Trust, Champaign, Illinois.
Newspaper: 02/03/2007
Federal Register: 01/16/2007
GRANT COUNTY STATE BANCSHARES, INC, EMPLOYEES STOCK OWNERSHIP PLAN * 3A3 Grant County State Bancshares, Inc. Employee Stock Ownership Plan, Swayzee, Indiana, to increase its ownership to 42 percent of the outstanding voting shares of Grant County State Bancshares, Inc., Swayzee, Indiana, as a result of a stock redemption, and thereby increase its indirect ownership of Grant County State Bank, Swayzee, Indiana.
Newspaper: 01/31/2007
Federal Register: 02/05/2007
HENDRICKS COUNTY BANK AND TRUST COMPANY * Branch Hendricks County Bank and Trust Company, Brownsburg, Indiana, to establish a branch facility to be located at 963 North State Road 267, Avon, Indiana.
Newspaper: 02/05/2007
Federal Register: Not applicable
MILLENNIUM BANCORP, INC. * 3A1 Millennium Bancorp, Inc., Morton Grove, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Millennium Bank (in organization), Des Plaines, Illinois.
Newspaper: Not available
Federal Register: 02/02/2007
STAR FINANCIAL GROUP, INC. CIC Notification by Thomas M. Marcuccilli and James C. Marcuccilli, both of Fort Wayne, Indiana and their immediate families to retain control of 18.5 percent of the outstanding shares of STAR Financial Group, Inc., Fort Wayne, Indiana, and indirectly STAR Financial Bank, Fort Wayne, Indiana.
Newspaper: 01/05/2007
Federal Register: 01/05/2007
STATE CENTER FINANCIAL, INC. 4c8 State Center Financial, Inc., State Center, Iowa, to engage in extending credit and servicing loans, pursuant to Section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: 01/26/2007


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
NORTHSIDE CMNTY BK, GURNEE, ILLINOIS 2533119 09/11/2006 01/05/2007 S Large Bank
TRI-CTY BK, BROWN CITY, MICHIGAN 695349 09/11/2006 01/08/2006 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