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 April 4, 2015

Filer Filing Type Filing Proposal End of Comment Period
FIRST BUSINESS FINANCIAL SERVICES, INC. 4c8 First Business Financial Services, Inc., Madison, Wisconsin, to engage in certain community development activities by making a qualifying community welfare investment in a fund of funds.
Newspaper: Not applicable
Federal Register: 04/14/2015
FIRST INDEPENDENCE CORPORATION CIC Gregory Jackson, Detroit, Michigan, individually, and together as a group acting in concert with Roy S. Roberts, Bloomfield Hills, Michigan, to acquire 25 percent or more of the voting shares of First Independence Corporation, Detroit, Michigan, and thereby indirectly acquire control of First Independence Bank, Detroit, Michigan.
Newspaper: Not available
Federal Register: 01/02/2015
FORESIGHT FINANCIAL GROUP, INC. * 3A3 Foresight Financial Group, Inc., Rockford, Illinois, to acquire 100 percent of the voting shares of the State Bank of Herscher, Herscher, Illinois.
Newspaper: Not available
Federal Register: 04/30/2015
HORIZON BANCORP * 18C
* 4c8
Notice by Horizon Bancorp, Michigan City, Indiana, to acquire 100 percent of the voting shares of Peoples Bancorp, Auburn, Indiana, and indirectly acquire Peoples Federal Savings Bank of DeKalb County, Auburn, Indiana, and thereby operate a savings association, pursuant to Section 225.28 (b)(4)(ii) of Regulation Y. In connection with this application, Horizon Bank, N.A., Michigan City, Indiana will merge with Peoples Federal Savings Bank of DeKalb County, Auburn, Indiana, and thereby establish 15 branches, pursuant to Section 18(c) of the Federal Deposit Insurance Act and Section 9 of the Federal Reserve Act.
Newspaper: Not available
Federal Register: Not available
JOHNSON FINANCIAL GROUP, INC. CIC Notice by the Bradford Powers Leipold 2014 Trust, with Johnson Bank as trustee, to join the existing Johnson Family Control Group through the retention of voting shares of Johnson Financial Group, Inc., Racine, Wisconsin, and the indirect retention of shares of Johnson Bank.
Newspaper: 04/09/2015
Federal Register: 03/31/2015
WINTRUST FINANCIAL CORPORATION * 18C
* Branch
* 3A3
Notice by Wintrust Financial Corporation, Rosemont, Illinois, to merge with Community Financial Shares, Inc., Glen Ellyn, Illinois, and thereby indirectly acquire Community Bank-Wheaton/Glen Ellyn, Illinois. Simultaneously with the holding company merger, Wintrust Financial Corporation's subsidiary bank, Wheaton Bank & Trust Company, Wheaton, Illinois, intends to merge wtih Community Bank-Wheaton/Glen Ellyn, Glen Ellyn, Illinois. As a result of the merger, Wheaton Bank & Trust Company, Wheaton, Illinois, will establish a branch facility at the following locations: 357 Roosevelt Road, Glen Ellyn, Illinois; 100 North Wheaton Avenue, Wheaton, Illinois; and 370 S. County Farm Road, Wheaton, Illinois.
Newspaper: Not available
Federal Register: 04/17/2015


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