District 7: Federal Reserve Bank of Chicago PDF

Filings received during the week ending December 30, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
COMMUNITY STATE BANK* Branch (Domestic)Community State Bank, Avilla, Indiana to establish a branch located at 11255 Twin Creeks Drive, Fort Wayne, Indiana.Not availableNot applicable
FIRST BUSEY CORPORATION* 3A5First Busey Corporation, Champaign, Illinois, to merge with Merchants and Manufacturers Bank Corporation, Channahon, Illinois and thereby indirectly acquire Merchants and Manufacturers Bank, Joliet, Illinois.Not available02/05/2024
MIDLAND CAPITAL HOLDINGS CORPORATION* AcquisitionMidfed Acquisition Corp., Wilmington, Delaware is proposing to become a savings and loan holding company through the acquisition of 100 percent of the voting shares of Midland Capital Holdings Corporation and thereby indirectly acquire Midland Federal Savings and Loan Association, both of Bridgeview, Illinois, pursuant to section 10(e) of HOLA. Not available01/05/2024
NORTHSTAR FINANCIAL GROUP, INC.Change in Bank ControlNotice by Northstar Financial Group, Inc., Bad Axe Michigan, to acquire voting shares in Mainstreet Community Bank of Florida, DeLand, Florida. Not availableNot available
PETEFISH, SKILES BANCSHARES, INC.Change in Bank Control Notice by George Bley, II & Michelle Bley, both of Palm Harbor, Florida, and Jan E. Rhode, Springfield, Illinois, with the Bley Family Control Group, a group acting in concert, to retain the voting shares of Petefish, Skiles Bancshares, Inc. and thereby indirectly retain voting shares of Petefish, Skiles & Company, both of Virginia, Illinois and The First National Bank of Beardstown, Beardstown, Illinois. Not available10/27/2023
PETEFISH, SKILES BANCSHARES, INC.Change in Bank Control Notice by Andrew Prather, Tina Prather, both of Petersburg, Illinois, Elizabeth A. Prather, Virginia, Illinois, and the Laura J. Prather Trust, Creve Coeur, Missouri, Laura J. Prather, Trustee, Creve Coeur, Missouri, all acting in concert with the Prather Family Control Group, for approval to retain the voting shares of Petefish, Skiles Bancshares, Inc. and thereby indirectly retain voting shares of Petefish, Skiles & Company, both of Virginia, Illinois and The First National Bank of Beardstown, Beardstown, Illinois. Not available11/16/2023

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
NORTHSTAR BK, BAD AXE, MICHIGAN295897207/10/202302/06/2023SInt Small Bank
ONE CMNTY BK, OREGON, WISCONSIN24714004/28/202311/28/2022SInt Small Bank
VISIONBANK OF IA, AMES, IOWA26904905/21/202302/27/2023SInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
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Last Update: January 04, 2024