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 13, 2017

Filer Filing Type Filing Proposal End of Comment Period
TREYNOR BANCSHARES, INC. * 3A3 Treynor Bancshares, Inc., Treynor, Iowa, to acquire up to an additional 6 percent (for aggregate ownership up to 40 percent) of TS Contrarian Bancshares, Inc., Treynor, Iowa and thereby increase its indirect ownership of Bank of Tioga, Tioga, North Dakota.
Newspaper: Not available
Federal Register: Not available
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: 05/26/2017
Federal Register: 05/30/2017
WINTRUST BANK * Branch Wintrust Bank, Chicago, Illinois, to establish a branch at 2250 N. Sheffield Avenue, Chicago, Illinois and 333 S. State Street, Chicago, Illinois.
Newspaper: Not available
Federal Register: Not applicable


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
COMMERCIAL SVG BK, CARROLL, IOWA 194440 03/20/2017 06/27/2017 S Small Bank
NORTHSIDE CMNTY BK, GURNEE, ILLINOIS 2533119 04/28/2017 06/17/2017 S Small Bank
ST CHARLES B&TC, SAINT CHARLES, ILLINOIS 428547 06/06/2016 01/09/2017 S Large 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