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 January 12, 2008

Filer Filing Type Filing Proposal End of Comment Period
BLACK RIVER BANCVENTURE, INC. * 3A1 Black River BancVenture, Inc., Memphis, Tennessee, to become a bank holding company by acquiring 42 percent of the voting shares of Michigan Community Bancorp, Ltd., Sterling Heights, Michigan, and thereby indirectly acquire Lakeside Community Bank, Sterling Heights, Michigan.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
BLACK RIVER BANCVENTURE, INC. * 3A3 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 15 percent of the voting shares of Community Shores Bank Corp., Muskegon, Michigan, and thereby indirectly acquire Community Shores Bank, Muskegon, Michigan.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
BLACK RIVER BANCVENTURE, INC. * 3A3 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 15 percent of the voting shares of Allegiance Bank of North America, Bala Cynwyd, Pennsylvania.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
BLACK RIVER BANCVENTURE, INC. * 3A3 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 15 percent of the voting shares of Bay Commercial Bank, Walnut Creek, California.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
BLACK RIVER BANCVENTURE, INC. * 4c8 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 6 percent of the voting shares of SFB Bancorp, Inc., Elizabethton, Tennessee, and thereby indirectly acquire Security Federal Bank, Elizabethton, Tennessee, and thereby operate a savings association.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
BLACK RIVER BANCVENTURE, INC. * 4c8 Black River BancVenture, Inc., Memphis, Tennessee, to acquire 9.9 percent of the voting shares of Quaint Oak Bancorp, Southampton, Pennsylvania, and thereby indirectly acquire Quaint Oak Savings Bank, Southampton, Pennsylvania, and thereby operate a savings association.
Newspaper: 01/21/2008
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Colonia Bank (in organization), Phoenix, Arizona.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Reidsville Community Bank (in organization), Reidsville, North Carolina.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan, to acquire 51 percent of the voting shares of Pisgah Community Bank (in organization), Asheville, North Carolina.
Newspaper: Not available
Federal Register: 01/07/2008
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VII, Lansing, Michigan to acquire 51 percent of the voting shares of Mountain View Bank of Commerce (in organization), Westminster, Colorado, and by Capitol Bancorp Colorado Ltd. III, Lansing, Michigan to become a bank holding company by acquiring 51 percent of the voting shares of Mountain View Bank of Commerce (in organization), Westminster, Colorado.
Newspaper: Not available
Federal Register: 01/18/2008
CHARLEVOIX FIRST CORPORATION CIC Notice by The Hodgson Family (Richard M. Hodgson, Charlevoix, Michigan, Richard M. Hodgson II, Charlevoix, Michigan, Eric J. Hodgson, Beaver Island, Michigan, Mark E. Hodgson, Fox Point, Wisconsin, Elizabeth M. Hodgson, Charlevoix, Michigan, and Laurie L. Hodgson, Charlevoix, Michigan, to retain control of Charlevoix First Corporation, Charlevoix, Michigan, and thereby indirectly retain control of Charlevoix State Bank, Charlevoix, Michigan.
Newspaper: 01/16/2008
Federal Register: 01/28/2008
FIRST MENASHA BANCSHARES, INC. CIC Notice by Patricia L. Pierce, Menasha, Wisconsin, to retain control of First Menasha Bancshares, Inc., Neenah, Wisconsin, and thereby indirectly retain control of First National Bank-Fox Valley, Neenah, Wisconsin.
Newspaper: Not available
Federal Register: 01/23/2008
LUANA BANCORPORATION * 3A3 Luana Bancorporation, Luana, Iowa, to acquire 100 percent of First State Bank Iowa, New Hampton, Iowa.
Newspaper: Not available
Federal Register: 02/06/2008
MORTON COMMUNITY BANK Member Morton Community Bank, Morton, Illinois, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
ROLLING HILLS BANK & TRUST * 18C
* Branch
Rolling Hills Bank & Trust, Atlantic, Iowa, to merge with Meta Bank West Central ("MBWC"), Stuart, Iowa and establish branch offices at 615 South Division Street, Stuart, Iowa; 501 Sherman, Menlo, Iowa, and 101 East Logan, Casey, Iowa.
Newspaper: Not available
Federal Register: Not applicable
TG Bancshares, Inc. * 3A1 TG Bancshares, Inc., Table Grove, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Table Grove State Bank, Table Grove, Illinois.
Newspaper: 02/08/2008
Federal Register: 02/08/2008


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
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