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 29, 2014

Filer Filing Type Filing Proposal End of Comment Period
F & M BANKSHARES, INC. CIC Thomas K. Maxwell of Marinette, Wisconsin, individually, Thomas K. Maxwell II of Peshtigo, Wisconsin, individually, Cheryl R. Maxwell of Marinette, Wisconsin, individually, Edward F. Maxwell of Madison, Wisconsin, individually, and Gary L. Maxwell of Milford, Indiana, individually, and as a group acting in concert, intend to retain 10 percent or more of the shares and thereby presumed control of F&M Bankshares, Inc., Marinette, Wisconsin.
Newspaper: Not available
Federal Register: Not available
GREATER CHICAGO FINANCIAL CORP. * 4c8 Notice by Greater Chicago Financial Corporation, Chicago, Illinois, to acquire 100 percent of PNA Bank, Chicago, Illinois.
Newspaper: Not available
Federal Register: Not available
MINIER FINANCIAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN W/401(K) PROVISIONS * 3A3 Minier Financial, Inc. Employee Stock Ownership Plan with 401(k) Provisions, Minier, Illinois, to increase its ownership of Minier Financial, Inc., Minier, Illinois, from 37 percent to 51 percent, and thereby increase its indirect ownership of First Farmers State Bank, Minier, Illinois.
Newspaper: 04/11/2014
Federal Register: 04/22/2014
NORTH SHORE COMMUNITY BANK & TRUST COMPANY * 18C
* Branch
North Shore Community Bank and Trust Company, Wilmette, Illinois, to purchase certain assets and assume certain liabilities of Northbrook Bank and Trust Company, Northbrook, Illinois.
Newspaper: 04/21/2014
Federal Register: Not applicable
STEPHENSON NATIONAL BANCORP, INC. * 3A5 Stephenson National Bancorp, Inc., Marinette, Wisconsin, to merge with PWB Bancshares, Inc., Wausaukee, Wisconsin, and thereby indirectly acquire control of Bank North, Wausaukee, Wisconsin.
Newspaper: Not available
Federal Register: 04/07/2014
TOWN AND COUNTRY BANK * Branch Town and Country Bank, Springfield, Illinois, to establish a branch office at 2525 Broadway Street, Quincy, Illinois.
Newspaper: 04/17/2014
Federal Register: Not applicable
WOODTRUST BANK, NATIONAL ASSOCIATION Member WoodTrust Bank, N. A., Wisconsin Rapids, Wisconsin, to become a member of the Federal Reserve System.
Newspaper: Not applicable
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