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 March 31, 2012

Filer Filing Type Filing Proposal End of Comment Period
ACKLEY STATE BANK * 18C
* Branch
Ackley State Bank, Ackley, Iowa, to purchase certain assets and assume certain deposits of the Iowa Falls branch of Liberty BAnk, F.S.B., West Des Moines, Iowa, and establish a branch at 315 Main Street, Iowa Falls, Iowa.
Newspaper: Not available
Federal Register: Not applicable
COMMUNITY BANCSHARES OF WISCONSIN, INC. CIC The Gus J. Lukas and Lorraine J. Lukas 2006 Trust for Lori J. Foy ("Trust"), and Lori J. Foy, Grafton, Wisconsin, individually and as trustee of Trust, and Lori J. Foy, together as a group acting in concert with Trust, Lori J. Foy as trustee, Paul Foy, Grafton, Wisconsin, John Lukas, Manitowoc, Wisconsin, Mark Lukas, Manitowoc, Wisconsin, and the Foy minor children, to retain control of 25 percent or more of the outstanding shares of Community Bancshares of Wisconsin, Inc., Grafton, Wisconsin, and thereby indirectly retain control of Cornerstone Community Bank, Grafton, Wisconsin.
Newspaper: Not available
Federal Register: 04/27/2012
JOHNSON FINANCIAL GROUP, INC. CIC Notice by Winifred J. Marquart, Herbert F. Johnson III, Samuel C. Johnson III, Odinn R. Johnson, Olivia S. Johnson, Conrad W. Leipold, Samuel C. Leipold, Michael D. Marquart, Samantha G. Marquart, and Isabelle C. Marquart as trustee or shareholder for various Johnson family trusts and companies (all of Racine, Wisconsin) as a group working in concert to retain control of Johnson Financial Group, Inc., Racine, Wisconsin, and thereby indirectly control Johnson Bank, Racine, Wisconsin.
Newspaper: Not available
Federal Register: Not available
MOULTRIE BANCORP, INC. CIC Enclosed is a notice filed by the Duncan, Hrvol, and Molzen Families. The group includes: E. Ray Duncan ("Ray"); Sally F. Duncan ("Sally"); Gloria R. Foley ("Gloria"); Sally F. Duncan, as Trustee of the John K. Foley Revocable Living Trust; Sally F. Duncan, as Beneficiary of the Hardware State Bank 401K Plan; E. Ray Duncan, as Beneficiary of the Hardware State Bank 401K Plan; E. Ray Duncan, as Beneficiary of the Sullivan Bancshares, Inc. Employee Savings and Retirement Plan; Paul M. Hrvol; Michelle B. Hrvol; R. Reid Molzen; Christina D. Molzen; Paul M. Hrvol, as Beneficiary of the Sullivan Bancshares, Inc. Employee Savings and Retirement Plan; R. Reid Molzen, as Beneficiary of the Sullivan Bancshares, Inc. Employee Savings and Retirement Plan; and Michelle B. Hrvol, as Beneficiary of the Sullivan Bancshares, Inc. Employee Savings and Retirement Plan, collectively as a group acting in concert, and each of whom is of Sullivan, Illinois, except Ray, Sally, and Gloria are of Lovington, Illinois, intend to acquire 25 percent or more of the shares and thereby control of Moultrie Bancorp, Inc., Lovington, Illinois. Moultrie Bancorp, Inc. controls Hardware State Bank, Lovington, Illinois.
Newspaper: Not available
Federal Register: Not available
NORTHSTAR FINANCIAL GROUP, INC. CIC Frank A. Peplinski, David Peplinski, Jerry Peplinski, Jerry Peplinski, as trustee of the Peplinski Family 2012 Trust, and the Peplinksi Family 2012 Trust, Terry Peplinski, Lynda Watchowski, Lauren Peplinski, Crystal Stomack, Nicole Peplinski, Brandon Watchowski (all of Ubly, Michigan) and certain of their minor children as a group acting in concert, to acquire 25 percent or more of the shares and thereby control of Northstar Financial Group, Inc and indirectly, Northstar Bank, Bad Axe, Michigan and Seaway Community Bank, St, Clair, Michigan.
Newspaper: Not available
Federal Register: 04/16/2012
NORTHSTAR FINANCIAL GROUP, INC. CIC Lynette Drake, as an individual, Lynette Drake as trustee of the Roberts Family, 2012 Trust, and the Roberts Family 2012 Trust, Maria Roberts, Maria Roberts, as trustee of the Ryan J. Roberts Trust, the Ryan J. Roberts Trust, Jeffrey Roberts, and Austin Drake (all of Bad Axe, Michigan) and certain of their minor children as a group acting in concert, to acquire 25 percent or more of the shares and thereby control of Northstar Financial Group, Inc., and indirectly, Northstar Bank, Bad Axe, Michigan, and Seaway Community Bank, St, Clair, Michigan.
Newspaper: Not available
Federal Register: 04/16/2012
PSB HOLDINGS, INC. * 3A3 PSB Holdings, Inc., Wausau, Wisconsin, to acquire 100 percent of the outstanding capital stock of Marathon State Bank, Marathon, Wisconsin.
Newspaper: Not available
Federal Register: Not available
SPECTOR PROPERTIES, INC CIC Notice by Steven D. Spector of Glenview, Illinois, as an individual and as trustee of the Alan L. Spector GST Family Trust, the Walter W. Spector, Steven D. Spector, Andrew M. Spector, and Nancy S. Spector Dynasty Trusts, and two Phillip J. Spector GST Trusts and as a group working in concert with Steven D. Spector, Walter W. Spector of Saratoga, California, Andrew M. Spector of Bexley, Ohio, Nancy S. Spector of Chicago, Illinois, the Phillip J. Spector GST Trust - FBO Michael Spector, Michael Spector, of Bettendorf, Iowa, and Steven Spector trustees, the Phillip J. Spector GST Trust - FBO Shelley Caesar, Shelley Caesar of Fox River Grove, Illinois, and Steven D. Spector trustees, and the Alan L. Spector GST Family Trust, the Walter W. Spector Dynasty Trust, the Steven D. Spector Dynasty Trust, the Andrew M. Spector Dynasty Trust, the Nancy S. Spector Dynasty Trust (Steven D. Spector trustee) to acquire and/or retain 25 percent or more of the shares of Spector Properties, Inc., Chicago, Illinois and thereby indirectly acquire/retain control of Andalusia Community Bank, Andalusia, Illinois.
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
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