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 August 26, 2006

Filer Filing Type Filing Proposal End of Comment Period
ANITA BANCORPORATION * 3A3 Expeditious Action - Anita Bancorporation, Atlantic, Iowa, to acquire 100 percent of the voting shares of The First National Bank of Brewster, Brewster, Minnesota.
Newspaper: 08/18/2006
Federal Register: 08/21/2006
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp Limited, Lansing, Michigan, and Capitol Development Bancorp Limited V, Lansing, Michigan, to acquire 51 percent of the voting shares of 1st Commerce Bank (in organization), North Las Vegas, Nevada.
Newspaper: 09/10/2006
Federal Register: 09/14/2006
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at Woodlands Crossing Shopping Center, Woodlands Parkway near Kuykendahl Road, Spring, Montgomery County, Texas.
Newspaper: Not available
Federal Register: Not applicable
FIRST COMMUNITY BANK * Branch First Community Bank, Harbor Springs, Michigan, to establish a branch facility to be located at 102 East Front Street, Traverse City, Michigan.
Newspaper: 09/04/2006
Federal Register: Not applicable
FREEDOM HOLDINGS COMPANY CIC Notice by the Hill Family (David Hill, Ellsworth, IA; Heather Miller, Urbandale, IA; and Heidi Loverude, Urbandale, IA), as a group acting in concert, to retain control of 100 percent of Freedom Holdings Company, West Des Moines, Iowa.
Newspaper: Not available
Federal Register: 09/08/2006
LINCOLN BANCORP 4c8
* 3A1
Lincoln Bancorp, Plainfield, Indiana, to become a bank holding company upon the conversion of Lincoln Bank, Plainfield, Indiana, from a federal savings bank to a state chartered commercial bank, and to engage de novo in lending activities.
Newspaper: Not available
Federal Register: 09/15/2006
MARQUETTE BANK * 18C
* Branch
Marquette Bank, Chicago, Illinois, to merge with Hemlock Federal Bank for Savings, Oak Forest, Illinois, and thereby to establish 6 branches.
Newspaper: Not available
Federal Register: Not applicable
OGDEN BANCSHARES, INC. Member
* 18C
* 3A3
Ogden Bancshares, Inc., Ames, Iowa, to acquire 100 percent of VisionBank (in organization), West Des Moines, Iowa; VisionBank (in organization), West Des Moines, Iowa, to become a member of the Federal Reserve System; and VisionBank (in organization), West Des Moines, Iowa, to purchase the assets and assume the liabilities of the Grimes, Iowa and the West Des Moines, Iowa branches of Community Bank of Boone, Boone, Iowa.
Newspaper: Not available
Federal Register: 09/05/2006
SHOREBANK CORPORATION, THE * 3A3 The ShoreBank Corporation, Chicago, Illinois, to acquire 100 percent of the voting shares of Greater Chicago Bank, Bellwood, Illinois.
Newspaper: Not available
Federal Register: 09/14/2006


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 Forth Quarter of 2006 (October 1, 2006 - December 31, 2006)

Institution Location
BANK OF GENEVA GENEVA, INDIANA
BLENCOE ST BK BLENCOE, IOWA
CALUMET CTY BK BRILLION, WISCONSIN
CENTRAL BK RUSSIAVILLE, INDIANA
COLUMBUS JUNCTION ST BK COLUMBUS JUNCTION, IOWA
FARMERS ST BK OF WAUPACA WAUPACA, WISCONSIN
GOSHEN CMNTY BK GOSHEN, INDIANA
GREAT RIVER B&TC DAVENPORT, IOWA
IOWA PRAIRIE BK BRUNSVILLE, IOWA
NORTHBROOK B&TC NORTHBROOK, ILLINOIS
NORTHSIDE CMNTY BK GURNEE, ILLINOIS
PACIFIC GLOBAL BK CHICAGO, ILLINOIS
PARAMOUNT BK FARMINGTON HILLS, MICHIGAN
PEOPLES ST BK MANSFIELD MANSFIELD, ILLINOIS
QUAD CTY B&TC BETTENDORF, IOWA
SALIN B&TC INDIANAPOLIS, INDIANA
UNITED CMNTY BK LISLE LISLE, ILLINOIS

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