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 September 22, 2018

Filer Filing Type Filing Proposal End of Comment Period
1895 BANCORP OF WISCONSIN, MHC * MHC Formation
* MHC Mid-Tier Formation 		Applications by 1895 Bancorp of Wisconsin, MHC, to become a mutual savings and loan holding company; and 1895 Bancorp of Wisconsin, Inc., to become a mid-tier stock savings and loan holding company by acquiring 100 percent of PyraMax Bank, FSB, all of Greenfield, Wisconsin.
Newspaper: Not available
Federal Register: 10/10/2018
EQUITABLE BANK, STATE SAVINGS BANK, THE 4c8
* 3A1 		Application by TEB, MHC and TEB Bancorp, Inc., both of Wauwatosa, Wisconsin, to become a mutual bank holding company and mid-tier stock bank holding company, respectively, by acquiring 100 percent of the outstanding capital stock of The Equitable Bank, S.S.B., Wauwatosa, Wisconsin, in connection with the conversion of The Equitable Bank, S.S.B from mutual to stock form and a minority stock issuance by the mid-tier holding company.
Newspaper: Not available
Federal Register: Not available
FIRSNABANCO, INC. CIC Notice by Sanford O. Ilstrup, Trempealeau, WI, individually and acting in concert with Richard Davig, Viroqua, WI, Jeffrey Ilstrup, Onalaska, WI, Rondi Solverson, Viroqua, WI, Shane Ilstrup, Trempealeau, WI, Stephanie Sirek, Rochester, MN, Erik Solverson, Hermosa Beach, CA, and Ingrid Solverson-Keneipp, Viroqua, WI, to join the Ilstrup Family Control Group and retain control of more than 25 percent of the voting shares of Firsnabanco, Inc. and thereby indirectly control Citizens First Bank, both of Viroqua, Wisconsin.
Newspaper: 09/28/2018
Federal Register: 10/03/2018
HOLATA MICCO LLC * 3A1 Holata Micco, LLC, and Bowlegs Creek, LLC, both of Naples, Florida, elect to become bank holding companies with respect to The Leaders Bank, Oak Brook, Illinois.
Newspaper: 10/01/2018
Federal Register: 10/05/2018
KINGSLEY BANC CORP CIC Notice by David Phelps, Kingsley, Iowa, individually and acting in concert with The George W. Phelps Bank Stock Trust, George Phelps, Trustee, Kingsley, Iowa; The Linda K. Phelps Bank Stock Trust, Linda K. Phelps, Trustee, Kingsley, Iowa, The Robert B Phelps Bank Stock Trust, Robert B Phelps, Trustee, Kingsley, Iowa, The Carol Phelps Bank Stock Trust, Carol Phelps, Trustee, Kingsley, Iowa, Robert W. Phelps, Milwaukee, Wisconsin, Alison Hoogeveen, Kingsley, Iowa, and Scott Phelps, Kingsley, Iowa, to join the Phelps Family Control Group as approved in 1985 and retain control of more than 25 percent of the voting shares of Kingsley Banc Corp and thereby indirectly control Kingsley State Bank, both of Kingsley, Iowa.
Newspaper: Not available
Federal Register: 10/19/2018
LAKE CITY BANK * Branch Lake City Bank, Warsaw, Indiana to establish a branch at 101 West Ohio Street, Indianapolis, Indiana.
Newspaper: 09/14/2018
Federal Register: Not applicable
NORTHBROOK BANK & TRUST COMPANY * 18C Northbrook Bank & Trust Company, Northbrook, Illinois, to purchase certain assets and assume certain liabilities of American Enterprise Bank, Buffalo Grove, Illinois.
Newspaper: Not available
Federal Register: Not applicable
SECURITY TRUST & SAVINGS BANK * 18C
* Branch 		Security Trust & Savings Bank, Storm Lake, IA to purchase certain assets and assume certain liabilities of First National Bank of Rembrandt, Rembrandt, IA. In connection with the purchase and assumption, Security Trust & Savings Bank will establish a branch office at 101 E Main Street, Rembrandt, IA.
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
NONE


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

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Last update: September 27, 2018