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 13, 2006

Filer Filing Type Filing Proposal End of Comment Period
BARKER BROTHERS, INC. CIC Notice by John A. Barker, Springfield, Illinois, to retain more than 25 percent of the voting shares of Barker Brothers Inc., Springfield, Illinois, and thereby indirectly retain control of Middletown State Bank, Middletown, Illinois.
Newspaper: Not available
Federal Register: 05/30/2006
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 51 percent of the voting shares of Bank of Everett (in organization), Everett, Washington, and by Capitol Development Bancorp Limited V, Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Bank of Everett (in organization), Everett, Washington.
Newspaper: Not available
Federal Register: 06/12/2006
CHEMICAL BANK * Branch Chemical Bank, Midland, Michigan, to establish a branch facility to be located at 12368 Riley Street, Holland, Michigan.
Newspaper: 05/09/2006
Federal Register: Not applicable
CITIZENS FIRST STATE BANK OF WALNUT * Branch Citizens First State Bank of Walnut, Walnut, Illinois, to establish a branch facility to be located at 9226 2125 North Avenue, Manlius, Illinois.
Newspaper: 05/23/2006
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 329 N. Park Avenue, Suite 150, Winter Park, Florida.
Newspaper: Not available
Federal Register: Not applicable
GATEWAY BANC CORP. * 3A1 Gateway Banc Corp., Roscoe, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Gateway Community Bank, Roscoe, Illinois.
Newspaper: Not available
Federal Register: 05/19/2006
JOHNSON BANK * Branch Johnson Bank, Racine, Wisconsin, to establish a branch facility to be located at 5600 North Lake Shore Drive, Whitefish Bay, Wisconsin.
Newspaper: 05/19/2006
Federal Register: Not applicable
KUJAWA FAMILY HOLDINGS, INC. * 3A1 Kujawa Family Holdings, Inc., Berlin, Wisconsin, to become a bank holding company by acquiring 100 percent of the voting shares of the Farmers & Merchants Bank, Berlin, Wisconsin.
Newspaper: Not available
Federal Register: Not available
OSWEGO COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN * 3A3 Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois, to increase its ownership from 37.71 percent to 51 percent of Oswego Bancshares, Inc., Oswego, Illinois, and thereby indirectly increase its ownership in Oswego Community Bank, Oswego, Illinois.
Newspaper: 06/05/2006
Federal Register: Not available
Pedcor Capital, LLC 3A1 Pedcor Capital, LLC, Carmel, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of Pedcor Bancorp, Carmel, Indiana, and thereby indirectly acquire International City Bank, N.A., Long Beach, California.
Newspaper: Not applicable
Federal Register: Not applicable
PREMIER HOLDINGS, LTD CIC Notice by Harold Dean Westra, individually and acting in concert with Greg Todd Westra, both of Rock Valley, Iowa, to gain control of Premier Holdings, Ltd., Rock Valley, Iowa, and thereby indirectly Premier Bank, Rock Valley, Iowa.
Newspaper: Not available
Federal Register: 05/24/2006
RAC, INC. WISCOSIN * 3A1 RAC Inc. Wisconsin, Kohler, Wisconsin, to become a bank holding company through the acquisition of 100 percent of the outstanding shares of Ridgestone Financial Services, Inc., Brookfield, Wisconsin, and thereby indirectly acquire Ridgestone Bank, Brookfield, Wisconsin.
Newspaper: Not available
Federal Register: 06/09/2006
RIVER VALLEY BANCORP, INC. CIC Notice by Larry C. Henson, Barbara K. Henson, Trustee of the Barbara K. Henson Living Trust, Michael R. Henson and the Barbara K. Henson Living Trust, all of Davenport, Iowa and acting as a group to become the largest shareholder of River Valley Bancorp, Inc., Davenport, Iowa.
Newspaper: Not available
Federal Register: 05/17/2006


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

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