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 26, 2017

Filer Filing Type Filing Proposal End of Comment Period
BANNER BANCORP, LTD. CIC Notice by D. Shannon Blakley of Hatley, Wisconsin, to acquire 25 percent or more of the voting shares of Banner Bancorp, LTD., Birnamwood, Wisconsin and thereby indirectly acquire control of Banner Banks, Birnamwood, Wisconsin.
Newspaper: 09/07/2017
Federal Register: 09/06/2017
MONTGOMERY BANCSHARES, INC. CIC James C. Volkert, individually, and as trustee of the James C. Volkert Revocable Living Trust, Montgomery, Illinois; James C. Volkert Revocable Living Trust, Montgomery, Illinois; Susan A. Volkert, individually, Montgomery, Illinois; along with Jacquelyn Volkert, Montgomery, Illinois; and Michael Volkert, Montgomery, Illinois, as a group acting in concert, to retain 25 percent or more of Montgomery Bancshares, Inc. and thereby indirectly retain control of Bank of Montgomery, both of Montgomery, Illinois.
Newspaper: Not available
Federal Register: 09/14/2017
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: 08/30/2017
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: 09/05/2017
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


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
NONE


CRA Examinations scheduled for Fourth Quarter of 2017 (October 1, 2017 - December 31, 2017) and First Quarter of 2018 (January 1, 2018 - March 31, 2018)

Institution Location Quarter
FIRST B&TC EVANSTON, ILLINOISFourth Quarter of 2017
FIRST CMNTY BK HARBOR SPRINGS, MICHIGANFourth Quarter of 2017
FIRST HERITAGE BK SHENANDOAH, IOWAFourth Quarter of 2017
HARTSBURG ST BK HARTSBURG, ILLINOISFourth Quarter of 2017
HINSDALE B&TC HINSDALE, ILLINOISFourth Quarter of 2017
IOWA ST BK HULL, IOWAFourth Quarter of 2017
ISABELLA BK MOUNT PLEASANT, MICHIGANFourth Quarter of 2017
LAKE CITY BK WARSAW, INDIANAFourth Quarter of 2017
ROLLING HILLS B&T ATLANTIC, IOWAFourth Quarter of 2017
ALPINE B&TC ROCKFORD, ILLINOISFirst Quarter of 2018
CAMP GROVE ST BK CAMP GROVE, ILLINOISFirst Quarter of 2018
CBI B&TC MUSCATINE, IOWAFirst Quarter of 2018
CHOICEONE BK SPARTA, MICHIGANFirst Quarter of 2018
CONNECTION BK FORT MADISON, IOWAFirst Quarter of 2018
GRAND RIVER BK GRANDVILLE, MICHIGANFirst Quarter of 2018
HENDRICKS CTY B&TC BROWNSBURG, INDIANAFirst Quarter of 2018
LIBERTYVILLE B&TC LIBERTYVILLE, ILLINOISFirst Quarter of 2018
MAQUOKETA ST BK MAQUOKETA, IOWAFirst Quarter of 2018
MARQUETTE BK CHICAGO, ILLINOISFirst Quarter of 2018
PINNACLE BK MARSHALLTOWN, IOWAFirst Quarter of 2018
SAINT ANSGAR ST BK SAINT ANSGAR, IOWAFirst Quarter of 2018
SECURITY SVGS BK GOWRIE, IOWAFirst Quarter of 2018

* 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: August 31, 2017