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 January 23, 2021

Filer Filing Type Filing Proposal End of Comment Period
ALLY BANK PWI Ally Bank, Sandy, Utah, for prior approval to make a public welfare investment pursuant to section 208.22(b) of Regulation H.
Newspaper: Not applicable
Federal Register: Not applicable
ALLY BANK PWI Ally Bank, Sandy, Utah, for prior approval to make a public welfare investment pursuant to 208.22(b)of Regulation H.
Newspaper: Not applicable
Federal Register: Not applicable
ALLY BANK PWI Ally Bank, Sandy, Utah, for prior approval to make a public welfare investment pursuant to section 208.22(b) of Regulation H.
Newspaper: Not applicable
Federal Register: Not applicable
ARENDT'S, INC. CIC Mark Curtis Bolen, Montezuma, Iowa, to join the Arendt Family Control Group, a group acting in concert, to retain voting shares of Arendt's Inc., and thereby indirectly retain voting shares of Peoples Savings Bank, both of Montezuma, Iowa.
Newspaper: 01/29/2021
Federal Register: 01/27/2021
KEYSTONE COMMUNITY BANCORPORATION CIC G. Michael Herger Revocable Trust, G. Michael Herger, as trustee, both of Redding, California; Paul M. Herger, Vinton, Iowa; and Cathy S. Beatty, Vinton Iowa; to become members of the Herger Family Control Group, a group acting in concert, to retain voting shares of Keystone Community Bancorporation and thereby retain voting shares of Keystone Savings Bank, both of Keystone, Iowa.
Newspaper: 02/10/2021
Federal Register: 01/27/2021
PSB HOLDINGS, INC. * 3A5 PSB Holdings, Inc., Wausau, Wisconsin to merge with Waukesha Bankshares, Inc and thereby indirectly acquire Sunset Bank & Savings, both of Waukesha, Wisconsin.
Newspaper: 02/14/2021
Federal Register: 02/22/2021
RIVER HOLDING COMPANY CIC Notice by Timothy Schams, La Crosse, Wisconsin to acquire 10 percent or more of the shares of River Holding Company, Stoddard, Wisconsin and thereby indirectly control River Bank, Stoddard, Wisconsin and Wisconsin River Bank, Sauk City, Wisconsin.
Newspaper: Not available
Federal Register: 01/19/2021


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 Quarter
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