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 November 2, 2013

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANK * 18C
* Branch 		Central Bank, Storm Lake, Iowa, to purchase the assets and assume the liabilities of seven branch offices of Liberty Bank, FSB, West Des Moines, Iowa. In conjunction, Central Bank will establish 7 branch offices.
Newspaper: Not available
Federal Register: Not applicable
CENTRAL SOUTH BANCORPORATION, INC. CIC Filing by D. Robert Downing, Indianola, Iowa, to gain control of Central South Bancorporation, Inc., Indianola, Iowa, and thereby Peoples Savings Bank, Indianola, Iowa.
Newspaper: Not available
Federal Register: 11/12/2013
Edgewater Bancorp, Inc. * SLHC Formation Edgewater Bancorp, Inc., St. Joseph, Michigan, to become a savings and loan holding company through the acquisition of all of the outstanding voting stock of Edgewater Bank, St. Joseph, Michigan. The savings and loan holding company will be formed in connection with the proposed mutual-to-stock conversion of Edgewater Bank, a federally chartered mutual savings bank.
Newspaper: 10/06/2013
Federal Register: 09/17/2013
HINSDALE BANK & TRUST COMPANY * 18C
* Branch 		Hinsdale Bank & Trust Company, Hinsdale, Illinois, to purchase the assets and assume the liabilities of a branch, and will continue to operate a branch, located at 501 West Lake Street, Elmhurst, Illinois; from North Shore Community Bank & Trust Company, Wilmette, Illinois.
Newspaper: 11/27/2013
Federal Register: Not applicable
IOWA STATE BANK * 18C
* Branch 		Iowa State Bank, Hull, Iowa, to merge with Iowa State Bank, Remsen, Iowa. As a result of this merger, Iowa State Bank, Hull, Iowa, will establish a branch office at 17 West 2nd Street, Remsen, Iowa.
Newspaper: Not available
Federal Register: Not applicable
MIDSTATE FINANCIAL CORPORATION CIC The McKee Family Trust with David H. McKee as special voting trustee, and David H. McKee, individually and as special voting trustee of the McKee Family Trust, to acquire 25 percent or more of the voting shares of Midstate Financial Corporation, and thereby indirectly acquire control of Hendricks County Bank and Trust Company, both of Brownsburg, Indiana; and the McKee Family Trust with David H. McKee as special voting trustee to join the existing McKee Norris Family Control Group through the acquisition of shares of Midstate Financial Corporation and the indirect acquisition of shares of Hendricks County Bank and Trust Company.
Newspaper: Not available
Federal Register: 11/12/2013
NORTHERN BANKSHARES, INC. CIC Notice of Change in Bank Control by E. David Locke, as Trustee of the E. David Locke Beneficiary Grantor Trust, Middleton, Wisconsin, individually, and as part of a group acting in concert with E. David Locke, E. David Locke, as Trustee of Ahren F. Locke 2004 Grantor Trust, E. David Locke, as Trustee of Brendan S. Locke 2004 Grantor Trust and E. David Locke, as Trustee of Meredith C. Locke 2004 Grantor Trust, all of Middleton, Wisconsin, to acquire a controlling interest in Northern Bankshares, Inc., McFarland, Wisconsin and its subsidiary, McFarland State Bank, McFarland, Wisconsin.
Newspaper: 11/06/2013
Federal Register: 11/15/2013
TALMER BANCORP INC. * 3A3 Notice by Talmer Bancorp, Inc., Troy, Michigan, to acquire Michigan Commerce Bank, Ann Arbor, Michigan.
Newspaper: Not available
Federal Register: 11/18/2013


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
MARQUETTE BK, CHICAGO, ILLINOIS 716833 05/20/2013 10/30/2013 O Large Bank
NORTHERN TC, CHICAGO, ILLINOIS 210434 06/25/2012 10/30/2013 O Large Bank
TOWER B&TC, FORT WAYNE, INDIANA 2744063 04/29/2013 10/26/2013 S Int Sm 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: November 07, 2013