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 July 16, 2011

Filer Filing Type Filing Proposal End of Comment Period
EVANS BANCSHARES, INC. CIC Notice by Paul L. Martin and Pamela J. Martin, Bradenton, Florida, to gain control of Evans Bancshares, Inc., Evansdale, Iowa, and thereby indirectly control Fist Security State Bank, Evansdale, Iowa. Paul and Pamela Martin will collectively increase their ownership from 9.63 percent to 12.43 percent with the purchase of 2000 shares.
Newspaper: Not available
Federal Register: 08/01/2011
NORTHERN TRUST COMPANY, THE * 18C
* Branch 		The Northern Trust Company, Chicago, Illinois, to merge with Northern Trust, National Association, Miami, Florida, and thereby to establish 53 branches.
Newspaper: Not available
Federal Register: Not applicable
NORTHERN TRUST COMPANY, THE * 18C
* Branch 		The Northern Trust Company, Chicago, Illinois, to merge with Northern Trust Bank, FSB, Bloomfield Hills, Michigan, and thereby to establish 13 branches.
Newspaper: Not available
Federal Register: Not applicable
SECURITY STATE BANK * 18C
* Branch 		Security State Bank, New Hampton, Iowa, to merge with State Bank & Trust Company, Waverly, Iowa and as a result of the merger will establish 5 branches.
Newspaper: Not available
Federal Register: Not applicable
TOWN AND COUNTRY FINANCIAL CORPORATION CIC Notice by David E. Kirschner and Margaret Kirschner, as co-trustees of the Henry C. Kirschner Trust B1, and David E. Kirschner and Margaret Kirschner, individually and as co-trustees of the Henry C. Kirschner Trust A2, acting in concert with The Noble Foundation, Philip and Cheryl Kirschner, Khajha Kirschner, Pamela Kirschner Bolduc, and the Mary C. Kirschner 2007 Trust with David E. Kirschner acting as trustee, to acquire 25 percent or more of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly acquire control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois.
Newspaper: Not available
Federal Register: 07/29/2011
WCF FINANCIAL, M.H.C. * 3A1 WCF Financial, M.H.C. and Webster City Federal Bancorp, both of Webster City, Iowa, to become bank holding companies following the conversion Webster City Federal Savings Bank, Webster City, Iowa, from a federally chartered savings association to a state chartered bank.
Newspaper: 07/09/2011
Federal Register: 07/08/2011


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
BANK IA, CLARINDA, IOWA 187947 01/24/2011 07/01/2011 S Small Bank
PRIMEBANK, LE MARS, IOWA 671147 02/07/2011 07/05/2011 S Int Sm Bank
STATE BK GENEVA, GENEVA, ILLINOIS 991135 10/04/2010 06/20/2011 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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

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Last update: July 22, 2011