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 August 12, 2017

Filer Filing Type Filing Proposal End of Comment Period
HOMETOWN COMMUNITY BANCORP, INC. * 3A3 Hometown Community Bancorp, Inc. and Hometown Community Bancorp, Inc. ESOP both of Morton, Illinois to acquire 100 percent of the voting shares of Arthur Bancshares Corp. and thereby indirectly acquire State Bank of Arthur, both of Arthur, Illinois.
Newspaper: 09/02/2017
Federal Register: 09/01/2017
PEDCOR CAPITAL, LLC * SLHC Formation Pedcor Capital, LLC, Pedcor Bancorp, and American Capital Bancorp, of Carmel, Indiana, to convert from a bank holding company to a savings and loan holding company upon the conversion of International City Bank, Long Beach, California, to a federal savings bank.
Newspaper: Not available
Federal Register: 08/31/2017
TITONKA BANCSHARES, INC. CIC Notice by Aaron T. Boyken, individually, and together as a group acting in concert with the Allan J. Boyken Revocable Bank Stock Trust, with Allan J. Boyken as trustee; the F. Joy Boyken 2010 Trust, with Allan J. Boyken as trustee; and the F. Joy Boyken Revocable Bank Stock Trust, with F. Joy Boyken as trustee, all of Titonka, Iowa, to acquire control of 100 percent of the voting shares of Titonka Bancshares, Inc., Titonka, Iowa, and thereby indirectly control Titonka Savings Bank, Titonka, Iowa.
Newspaper: Not available
Federal Register: Not available
TS CONTRARIAN BANCSHARES, INC. CIC Notice by GGC, LLP, an Iowa Limited Partnership, Council Bluffs, Iowa; General Partner Richard Gibson, and Limited Partners Kim Gibson and Tracy Connealy, all of Council Bluffs, Iowa, have applied to the Federal Reserve Board for permission to retain and obtain 10 percent or more of the voting shares of TS Contrarian Bancshares, Inc., Treynor, Iowa and thereby indirectly acquire control of Bank of Tioga, Tioga, North Dakota and First National Bank & Trust Company, Clinton, Illinois
Newspaper: Not available
Federal Register: 08/22/2017
WAUPACA BANCORPORATION, INC. CIC Notice by Scott Michael Rasmussen, as trustee under a 2017 Voting Agreement, Germantown, Wisconsin, to acquire control of 10 percent or more of the voting shares of Waupaca Bancorporation, Inc., and thereby indirectly acquire control of First National Bank, both of Waupaca, Wisconsin.
Newspaper: Not available
Federal Register: 07/24/2017


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
ALLY BK, MIDVALE, UTAH 3284070 02/21/2017 08/04/2017 O Large Bank
WAUKON ST BK, WAUKON, IOWA 436542 04/10/2017 08/08/2017 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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