Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending February 6, 2021

Filer

Filing Type

Filing Proposal

End of Comment Period

ALLY BANK

PWI

Ally Bank, Sandy, Utah, for prior approval to make up to $10,500,000 million public welfare investment pursuant to 208.22(b) of Regulation H.

Newspaper:	Not applicable
Federal Register:	Not applicable

FIRST BUSEY CORPORATION

* 3A5

First Busey Corporation, Champaign, Illinois, to merge with Cummins-American Corporation, and thereby indirectly acquire Glenview State Bank, both of Glenview, Illinois.

Newspaper:	Not available
Federal Register:	Not available

LAKE SHORE III CORPORATION

4c8

Lake Shore III Corporation, Glenwood City, Wisconsin to acquire Five-Lakes Acquisition Co and its wholly owned subsidiary, Five Lakes Financial, Inc., both of Milwaukee, Wisconsin and thereby engage in the nonbanking activity of extending credit, servicing loans and leasing personal property pursuant to sections 225.28(b)(1) and (b)(3) of Regulation Y.

Newspaper:	Not applicable
Federal Register:	Not applicable

PEOPLES COMMUNITY BANCSHARES, INC., THE

CIC

Notice by Scott A. Schoenmann and Tammi A. Schoenmann as Survivorship Marital Property, Mazomanie, Wisconsin, to retain 25 percent or more voting shares of The Peoples Community Bancshares, Inc. and thereby indirectly control The Peoples Community Bank both of Mazomanie, Wisconsin.

Newspaper:	Not available
Federal Register:	Not available

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

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending February 6, 2021

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago