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 March 24, 2007

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE CORPORATION * 3A3 1st Source Corporation, South Bend, Indiana, to acquire 100 percent of the voting shares of FINA Bancorp, Inc., Valparaiso, Indiana, and thereby indirectly acquire First National Bank of Valparaiso, Valparaiso, Indiana.
Newspaper: Not available
Federal Register: 04/13/2007
CAPITOL BANCORP LTD. * 4c8 Capitol Bancorp, Ltd., Lansing, Michigan, to convert Ohio Commerce Bank, Beachwood, Ohio, into thrift institutions and thereby operate savings institutions.
Newspaper: Not available
Federal Register: 04/16/2007
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish five branches at the following locations: Woodridge & I-610, Houston, Texas, Buffalo Speedway & US Hwy 59, Houston, Texas, Bay Area Blvd. & I-45, Webster, Texas, 110 E. John Carpenter Fwy, Irving, Texas, and 4581 Frankford Road, Dallas, Texas.
Newspaper: Not available
Federal Register: Not applicable
FIRSTBANK CORPORATION * 3A5 Firstbank Corporation, Alma, Michigan, to merge with ICNB Financial Corporation, Ionia, Michigan, and thereby indirectly acquire Ionia County National Bank of Ionia, Ionia, Michigan.
Newspaper: Not available
Federal Register: 04/16/2007
ISABELLA BANK AND TRUST * 18C
* Branch
Isabella Bank and Trust, Mt. Pleasant, Michigan, to merge with FSB Bank, Breckenridge, Michigan, and thereby to establish 5 branches.
Newspaper: 03/23/2007
Federal Register: Not applicable
Layton Park Financial Group, Inc. 4c8
* 3A1
Layton Park Financial Group, Inc., Milwaukee, Wisconsin, to become a bank holding company by acquiring 100 percent of the voting shares of Layton State Bank, Milwaukee, Wisconsin, and to engage de novo in lending activities.
Newspaper: Not available
Federal Register: Not available
M&I MARSHALL & ILSLEY BANK * 18C
* Branch
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to acquire certain of the assets and assume certain of the liabilities of Fidelity Bank, Norcross, Georgia, and thereby to establish a branch at 640 East SR 434, Longwood, Florida.
Newspaper: 03/29/2007
Federal Register: Not applicable
M&I MARSHALL & ILSLEY BANK * 18C
* Branch
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to merge with United Heritage Bank, Orlando, Florida, and thereby to establish 13 branches.
Newspaper: 03/29/2007
Federal Register: Not applicable
M&I MARSHALL & ILSLEY BANK * 18C
* Branch
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to acquire substantially all of the assets and assume substantially all of the liabilities of United Heritage Bank, Orlando, Florida, and thereby to establish 12 branches.
Newspaper: 03/29/2007
Federal Register: Not applicable
M&I MARSHALL & ILSLEY BANK * Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to establish a branch facility to be located at 14850 N. Scottsdale Road, Scottsdale, Arizona.
Newspaper: 03/21/2007
Federal Register: Not applicable
MARSHALL & ILSLEY CORPORATION * 3A5 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, to acquire 100 percent of the voting shares of Excel Bank Corporation, Minneapolis, Minnesota, and thereby indirectly acquire Excel Bank Minnesota, Minneapolis, Minnesota.
Newspaper: Not available
Federal Register: 04/16/2007
PARAMOUNT BANCORP, INC. * 3A3 Paramount Bancorp, Inc., Farmington Hills, Michigan, to acquire 100 percent of the voting shares of Paramount Bank Nevada (in organization), Las Vegas, Nevada.
Newspaper: 04/07/2007
Federal Register: 04/09/2007
PARAMOUNT BANK NEVADA Member Paramount Bank Nevada, Las Vegas, Nevada, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable


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