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 May 30, 2009

Filer Filing Type Filing Proposal End of Comment Period
CEDAR RAPIDS BANK AND TRUST COMPANY * 18C Cedar Rapids Bank and Trust Company, Cedar Rapids, Iowa, to purchase certain assets and assume certain liabilities of the Cedar Rapids, Iowa office of Village Bank and Trust Company, Cedar Rapids, Iowa.
Newspaper: Not available
Federal Register: Not applicable
FIRST MID-ILLINOIS BANCSHARES, INC. CIC Notice by Charles A. Adams, Mattoon, Illinois, individually, and with Holly A. Bailey, Howell Paving, Inc., and Howell-Adams Foundation, all of Mattoon, Illinois, as a group acting in concert, to acquire more than 10 percent of the voting shares of First Mid-Illinois Bancshares, Inc., Mattoon, Illinois, and thereby indirectly acquire shares of First Mid-Illinois Bank & Trust, National Association, Mattoon, Illinois.
Newspaper: Not available
Federal Register: 06/15/2009
GLENWOOD STATE BANK * 18C
* Branch
Glenwood State Bank, Glenwood, Iowa, to merge with First State Bank, Tabor, Iowa. As a result of their merger, the office at 711 Main Street, Tabor, Iowa, will become a branch of Glenwood State Bank, Glenwood, Iowa.
Newspaper: Not available
Federal Register: Not applicable
HANTZ HOLDINGS, INC. 4c8
* 3A1
Hantz Holdings, Inc., Southfield, Michigan, to become a bank holding company by acquiring 100 percent of the voting shares of Davison State Bank, Davison, Michigan, and also, proposes to acquire Tranex Financial, Inc., Southfield, Michigan and thereby engage in making and servicing loans.
Newspaper: Not available
Federal Register: 06/22/2009
SALIN BANK AND TRUST COMPANY * Branch Salin Bank and Trust Company, Indianapolis, Indiana, to establish a branch facility to be located at 452 East Carmel Drive, Carmel, Indiana.
Newspaper: 06/02/2009
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
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