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 12, 2007

Filer Filing Type Filing Proposal End of Comment Period
FIRST PERSONAL FINANCIAL CORP. CIC Notice by Randall R. Schwartz, Orland Park, Illinois, to acquire 14.15 percent of the voting shares of First Personal Financial Corp., Orland Park, Illinois, and thereby indirectly acquire First Personal Bank, Orland Park, Illinois.
Newspaper: 05/24/2007
Federal Register: 05/24/2007
MIDWEST BANC HOLDINGS, INC. * 3A5
* 18C
* Branch
Midwest Banc Holdings, Inc., Melrose Park, Illinois, to merge with Northwest Suburban Bancorp, Inc., Mount Prospect, Illinois, and thereby indirectly acquire Mount Prospect National Bank, Mount Prospect, Illinois, and the related application by Midwest Bank and Trust Company, Elmwood Park, Illinois, to merge with Mount Prospect National Bank, Mount Prospect, Illinois, and thereby to establish 5 branches.
Newspaper: Not available
Federal Register: 06/04/2007
PRAIRIELAND BANCORP EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois, to increase its ownership from 43.13 percent to 48.01 percent of Prairieland Bancorp, Inc., Bushnell, Illinois, and thereby indirectly increase its ownership of Farmers and Merchants State Bank, Bushnell, Illinois.
Newspaper: 05/30/2007
Federal Register: 06/07/2007
ST ANNE BANCORP, INC. * 3A1 St. Anne Bancorp, Inc., St. Anne, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of National Bank of Saint Anne, Saint Anne, Illinois.
Newspaper: 05/21/2007
Federal Register: 05/18/2007


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
NORTHBROOK B&TC, NORTHBROOK, ILLINOIS 2938198 11/27/2006 04/05/2007 S Large Bank


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