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 July 28, 2007

Filer Filing Type Filing Proposal End of Comment Period
CAPITAL COMMERCE BANCORP, INC. CIC Notice by David A. Davis, Muskego, Wisconsin, to acquire up to 14 percent of the outstanding common stock of Capital Commerce Bancorp, Inc., Milwaukee, Wisconsin, and thereby indirectly acquire control of MW Bank, Milwaukee, Wisconsin.
Newspaper: 08/03/2007
Federal Register: 08/06/2007
GREEN LAKE STATE BANK * Branch Green Lake State Bank, Green Lake, Wisconsin, to establish a branch facility to be located at the intersection of Hwy 23 and Rickmeyer Drive, Fond du Lac, Wisconsin.
Newspaper: 08/10/2007
Federal Register: Not applicable
GREENWOODS FINANCIAL GROUP, INC. 4c8
* 3A1
Greenwoods Financial Group, Inc., Rio, Wisconsin, to become a bank holding company by acquiring 100 percent of the voting shares of Greenwood's Bancorporation, Inc., Lake Mills, Wisconsin, and thereby indirectly acquire Greenwoods State Bank, Lake Mills, Wisconsin, and to engage in insurance agency activities through the acquisition of The Greenwood's Financial Services, Inc., Lake Mills, Wisconsin.
Newspaper: Not available
Federal Register: 08/24/2007
INDEPENDENT BANK Member
* 18C
* Branch
Independent Bank, Bay City, Michigan, to merge with Independent Bank East Michigan, Troy, Michigan, Independent Bank South Michigan, East Lansing, Michigan, and Independent Bank West Michigan, Grand Rapids, Michigan, and thereby to establish 92 branches, and the related application by Independent Bank, Bay City, Michigan, to become a member of the Federal Reserve System.
Newspaper: Not available
Federal Register: Not applicable
PAN AMERICAN ACQUISITION, INC * 3A1 Pan American Acquisition, Inc., Oak Brook, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of JD Financial Group, Inc., Chicago, Illinois, and thereby indirectly acquire Pan American Bank, Chicago, Illinois.
Newspaper: Not available
Federal Register: 08/20/2007
PRIVATEBANCORP, INC. * 4c8 PrivateBancorp, Inc., Chicago, Illinois, to acquire at least 81 percent of the voting shares of The PrivateBank, Kansas City, Missouri (in organization), and thereby operate a federal savings bank.
Newspaper: Not available
Federal Register: 08/10/2007
Sidney Bancorp. * 3A1 Sidney Bancorp., Sidney, Michigan, to become a bank holding company by acquiring 100 percent of the voting shares of Sidney State Bank, Sidney, Michigan.
Newspaper: Not available
Federal Register: Not available
SOUTHERN MICHIGAN BANCORP, INC. * 3A5 Southern Michigan Bancorp, Inc., Coldwater, Michigan, to merge with FNB Financial Corporation, Three Rivers, Michigan, and thereby indirectly acquire First National Bank of Three Rivers, Three Rivers, Michigan.
Newspaper: Not available
Federal Register: 08/17/2007


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
CITY ST BK, OGDEN, IOWA 269049 03/12/2007 06/19/2007 S Small Bank
HOME T&SB, OSAGE, IOWA 60545 03/26/2007 07/02/2007 S Small Bank
LINDEN ST BK, LINDEN, INDIANA 157744 04/02/2007 07/16/2007 S Small Bank
OSB CMNTY BK, BROOKLYN, MICHIGAN 382742 03/19/2007 07/05/2007 S Small Bank
UNION B&TC, EVANSVILLE, WISCONSIN 68840 03/26/2007 06/29/2007 S Small 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