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 November 3, 2007

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE BANK * 18C
* Branch
1st Source Bank, South Bend, Indiana, to merge with First National Bank of Valparaiso, Valparaiso, Indiana, and thereby to establish 17 branches.
Newspaper: Not available
Federal Register: Not applicable
CAPITOL BANCORP LTD. * 4c8 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VI, Lansing, Michigan, to acquire 51 percent of the voting shares of Brookhollow Bank (in organization), Irving, Texas, and thereby to operate a savings association.
Newspaper: Not available
Federal Register: 11/05/2007
CAPITOL BANCORP LTD. * 4c8 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VI, Lansing, Michigan, to acquire 51 percent of the voting shares of Bank of Fort Bend (in organization), Sugar Land, Texas, and thereby to operate a savings association.
Newspaper: Not available
Federal Register: 11/05/2007
CAPITOL BANCORP LTD. * 4c8 Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited V, Lansing, Michigan, to acquire 51 percent of the voting shares of Adams Dairy Bank (in organization), Blue Springs, Missouri, and thereby operate a savings association.
Newspaper: Not available
Federal Register: 11/26/2007
COLE TAYLOR BANK * Branch Cole Taylor Bank, Rosemont, Illinois, to establish a branch facility to be located at 20 S. Clark Street, Chicago, Illinois.
Newspaper: 11/14/2007
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branch facilities to be located at 2416 Central Avenue, Alameda, California, and 1200 Broadway, Oakland, California.
Newspaper: Not available
Federal Register: Not applicable
IBT BANCORP, INC. * 3A5
* 18C
* Branch
IBT Bancorp, Inc., Mt. Pleasant, Michigan, to merge with Greenville Community Financial Corporation, Greenville, Michigan, and thereby indirectly acquire Greenville Community Bank, Greenville, Michigan, and the related application by Isabella Bank and Trust, Mt. Pleasant, Michigan, to merge with Greenville Community Bank, Greenville, Michigan, and thereby establish two branches.
Newspaper: Not available
Federal Register: 11/13/2007
ILLINOIS NATIONAL BANCORP, INC. * 3A3 Illinois National Bancorp, Inc., Springfield, Illinois, to acquire 100 percent of the voting shares of First National Bank of Mount Pulaski, Mount Pulaski, Illinois.
Newspaper: 11/16/2007
Federal Register: 11/23/2007
SEAWAY BANCSHARES, INC. 4c8 Seaway Bancshares, Inc., Chicago, Illinois, proposes to engage de novo in extending credit and servicing loans.
Newspaper: Not applicable
Federal Register: 11/19/2007


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
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