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 29, 2009

Filer Filing Type Filing Proposal End of Comment Period
Ann Arbor Bancorp, Inc. 3A1 Ann Arbor Bancorp, Inc., Ann Arbor, Michigan, to become a bank holding company by acquiring 100 percent of the voting shares of Ann Arbor State Bank, Ann Arbor, Michigan.
Newspaper: Not applicable
Federal Register: Not applicable
EAGLE FINANCIAL CORP. * 3A1 Eagle Financial Corp., Casey, Illinois, to become a bank holding company by acquiring 100 percent of Casey State Bank, Casey, Illinois and First State Bank, Biggsville, Illinois.
Newspaper: Not available
Federal Register: 09/03/2009
FIRST BUSEY CORPORATION CIC Notice by Elisabeth Meyer Kimmel, La Jolla, California, individually and as trustee; August C. Meyer, Jr., Champaign, Illinois, individually and as trustee; Inna A. Meyer, St. Petersburg, Russia; Gregory B. Lykins, Champaign, Illinois, individually and as trustee; Margo L. Lykins, Champaign, Illinois, et al, to retain 10% or more of the shares, and to acquire additional shares, of First Busey Corporation, Urbana, Illinois, and thereby indirectly retain and acquire additional shares of Busey Bank, Champaign, Illinois, and Busey Bank, National Association, Fort Myers, Florida.
Newspaper: 09/12/2009
Federal Register: 09/10/2009
FIRST MICHIGAN BANCORP, INC. CIC Notification filed by a group acting in concert, composed of Gary Shiffman, West Bloomfield, Michigan, Arthur Weiss, Farmington Hills, Michigan, Ronald Klein, Bloomfield Hills, Michigan, Paul Hodges, Orchard Lake, Michigan, Roman Ferber, West Bloomfield, Michigan, David Freidman, West Bloomfield, Michigan, Steven Freidman, West Bloomfield, Michigan, Brian Wenzel, Howell, Michigan, Sheldon Yellen, Bloomfield Hills, Michigan, Gary Torgow, Oak Park, Michigan, Dov Loketch, Oak Park, Michigan, Joseph Nusbaum, Oak Park, Michigan, David Provost, Birmingham, Michigan, Max Berlin, Southfield, Michigan, Donald Coleman, Bonita Springs, Florida, Albert Papa, Birmingham, Michigan, Robert Naftaly, West Bloomfield, Michigan, Thomas Schellenberg, Cross Village, Michigan, Thomas Brown, Farmington Hills, Michigan, Christine Otto, Oxford, Michigan, James Dunn, Livonia, Michigan, Gary Sakwa, Bloomfield Hills, Michigan, and Frank Hennessey, Ocala, Florida; Christine Provost, Birmingham, Michigan; Scott Steigerwald, Bloomfield Hills, Michigan; Stephen Eick, Birmingham, Michigan; Jeffrey Grabiel, Birmingham, Michigan; David Lau, Bloomfield Hills, Michigan; Jeffrey Peck, Orchard Lake, Michigan; Lawrence Wolfe, Bloomfield Hills, Michigan; Patrick Ervin, Ortonville, Michigan; Thomas Ervin, Bloomfield Hills, Michigan; Nancy Ervin, Bloomfield Hills, Michigan; Mark Thompson, Grosse Point Farms, Michigan; JoAnne Thompson, Grosse Pointe Farms, Michigan, and Daniel Samson, Huntington Woods, Michigan, to acquire over 25 percent of the outstanding voting shares of First Michigan Bancorp, Inc., Troy, Michigan, and thereby to indirectly acquire control of First Michigan Bank, Troy, Michigan.
Newspaper: Not available
Federal Register: 09/15/2009
HERKY HAWK FINANCIAL CORP., CIC Notice by Laura G. Gard Revocable Living Trust, Laura G. Gard, Trustee, Marshall, Illinois, to increase control of Herky Hawk Financial Corp., Monticello, Iowa, and thereby indirectly Citizens State Bank, Citizens State Bank, Monticello, Iowa, and New Vienna Savings Bank, New Vienna, Iowa.
Newspaper: Not available
Federal Register: 09/04/2009
LUANA BANCORPORATION CIC Notice by David L. Schultz, Luana, Iowa, to increase his control of Luana Bancorporation, Luana, Iowa, and thereby indirectly, Luana Savings Bank, Luana, Iowa.
Newspaper: 08/25/2009
Federal Register: 08/31/2009
* Branch
Union Bank and Trust Company, Evansville, Wisconsin, to purchase the assets and assume the liabilities of the New Glarus, Wisconsin and the Belleville, Wisconsin branches of Amcore Bank, National Association, Rockford, Illinois, and thereby to establish a branch at 512 State Road 69, New Glarus, Wisconsin.
Newspaper: 09/25/2009
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
Exam Date
Public Date
Exam Method
ALPINE B&TC, ROCKFORD, ILLINOIS 813947 04/20/2009 08/21/2009 S Int Sm Bank
ST CHARLES B&TC, GENEVA, ILLINOIS 428547 04/20/2009 08/17/2009 S Small Bank

CRA Examinations scheduled for     Quarter of

Institution Location

* 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