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 May 6, 2017

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANCSHARES, INC. CIC Ann F. Parks Special Trust Number One, William M. Parks, MD, Daniel P. Stein Revocable Trust dated October 7, 2008, Daniel P. Stein, James P. Stein Revocable Trust dated December 16, 2005, James P. Stein, Timothy J. Stein Revocable Trust dated August 10, 2012, Timothy J. Stein, Carrie A. Zorich Revocable Trust dated July 23, 2007, Carrie A. Zorich, James P. Stein Trust No. 1, Carrie A. Zorich, Daniel P. Stein & Timothy J. Stein, EnterVivos Stock Trust of Simon G. Stein IV FBO James P. Stein U/A/D December 24, 1987, Carrie A. Zorich, Daniel P. Stein & Timothy J. Stein, as a group acting in concert to acquire Central Bancshares, Inc., Muscatine, Iowa and thereby indirectly acquire CBI Bank & Trust Company, Muscatine, Iowa.
Newspaper: 05/17/2017
Federal Register: 05/12/2017
GUARANTY BANKSHARES, LTD. CIC Robert David Becker, Cedar Rapids, Iowa, individually and as a member of a group acting in concert consisting of: Dianne Becker, Cedar Rapids, Iowa; Maya Becker, Cedar Rapids, Iowa; Robert David Becker, in his individual capacity and as trustee for The Harold M. Becker Irrevocable Children's Trust, Cedar Rapids, Iowa; The Harold M. Becker Irrevocable Children's Trust; Sherri A. Becker, Kansas City, Missouri; Linda Deaktor, Chatsworth, California; Alan Josephson, Omaha, Nebraska; Deborah B. Josephson, as trustee for the Deborah B. Josephson Revocable Trust, Omaha, Nebraska; the Deborah B. Josephson Revocable Trust; Lawrence B. Josephson, as trustee for the Lawrence B. Josephson Revocable Trust, Omaha, Nebraska; the Lawrence B. Josephson Revocable Trust; Melissa Josephson, Omaha, Nebraska; Eric Leibsohn, Paradise Valley, Arizona; Steven Leibsohn, Scottsdale, Arizona; Matthew Rose, Phoenix, Arizona; Thomas J. Rose, as trustee of The Rose Family Trust under the Anne D. Rose Revocable Trust, Phoenix, Arizona; and The Rose Family Trust under the Anne D. Rose Revocable Trust, to acquire and retain voting control above 25 percent of Guaranty Bankshares, Ltd and thereby indirectly retain control of Guaranty Bank and Trust Company, both of Cedar Rapids, Iowa.
Newspaper: Not available
Federal Register: 05/03/2017
WEST TOWN BANCORP, INC. * 3A3 West Town Bancorp, Inc., Raleigh, North Carolina, to acquire 100 percent of the outstanding shares of Sound Banking Company, Morehead City, North Carolina pursuant to section 3(a)(3) of the Bank Holding Company Act.
Newspaper: Not available
Federal Register: 05/30/2017


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
RUSHVILLE ST BK, RUSHVILLE, ILLINOIS 49148 02/13/2017 04/13/2017 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