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 June 4, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

FIDELITY FEDERAL BANCORP

* SLHC Formation
* 4c8
* 3A1

Fidelity Federal Bancorp, Evansville, Indiana (Fidelity), and its parent companies Pedcor Financial, LLC (PFIN) and Pedcor Financial Bancorp (PFB), both of Carmel, Indiana (collectively, the Applicants), savings and loan holding companies, to become bank holding companies for a moment in time by acquiring Community Banks of Shelby County, Cowden, Illinois (Target Bank). In connection with this application, Applicants to retain ownership of United Fidelity Bank, F.S.B., Evansville, Indiana (Applicant Bank), a savings association, for the moment in time that they are bank holding companies and thereby engage in operating a savings association. Finally, Applicants to become savings and loan holding companies following the merger of Target Bank with and into Applicant Bank.

Newspaper:	Not available
Federal Register:	06/30/2022

MAIN STREET BANCORP, INC.

CIC

Notice by Andrew A. Black and Lesa A. Black, as co-Trustees of The Andrew A. Black Living Trust, dated June 21, 2019, each of Princeville, Illinois, to become part of the German Family Control Group to retain voting shares of Main Street Bancorp, Inc. and thereby indirectly retain control of Princeville State Bank, both of Princeville, Illinois.

Newspaper:	Not available
Federal Register:	06/23/2022

PALM GROVE BANCORP, INC.

* 3A1

Palm Grove Bancorp, Inc., Bussey, Iowa, to become a bank holding company by acquiring State Bank of Bussey, Bussey, Iowa.

Newspaper:	05/16/2022
Federal Register:	06/08/2022

S.B.C.P. BANCORP, INC.

* 3A5

S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin to merge with Monona Bancshares, Inc and thereby indirectly acquire Monona Bank, both of Monona, Wisconsin.

Newspaper:	Not available
Federal Register:	06/27/2022

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 June 4, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago