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 5, 2017

Filer Filing Type Filing Proposal End of Comment Period
HOMETOWN COMMUNITY BANCORP, INC. * 3A3 Hometown Community Bancorp, Inc. and Hometown Community Bancorp, Inc. ESOP both of Morton, Illinois to acquire 100 percent of the voting shares of Arthur Bancshares Corp. and thereby indirectly acquire State Bank of Arthur, both of Arthur, Illinois.
Newspaper: 09/02/2017
Federal Register: Not available
PEDCOR CAPITAL, LLC * SLHC Formation Pedcor Capital, LLC, Pedcor Bancorp, and American Capital Bancorp, of Carmel, Indiana, to convert from a bank holding company to a savings and loan holding company upon the conversion of International City Bank, Long Beach, California, to a federal savings bank.
Newspaper: Not available
Federal Register: 08/31/2017
QCR HOLDINGS, INC. * 18C
* Branch
* 3A3
QCR Holdings, Inc., Moline, Illinois, to acquire 100 percent of the voting shares of Guaranty Bank and Trust Company, Cedar Rapids, Iowa. In addition, QCR Holdings, Inc.'s subsidiary bank, Cedar Rapids Bank and Trust Company, Cedar Rapids, Iowa, to merge with Guaranty Bank and Trust Company, Cedar Rapids, Iowa. As a result of the merger, Guaranty Bank and Trust Company offices will become branch of Cedar Rapids Bank and Trust Company.
Newspaper: 08/14/2017
Federal Register: 08/16/2017
TS CONTRARIAN BANCSHARES, INC. CIC Notice by GGC, LLP, an Iowa Limited Partnership, Council Bluffs, Iowa; Richard Gibson, Kim Gibson, and Tracy Connealy all of Council Bluffs, Iowa; as a group acting in concert, have applied to the Federal Reserve Board for permission to retain and obtain 10 percent or more of the voting shares of TS Contrarian Bancshares, Inc., Treynor, Iowa and thereby indirectly acquire control of Bank of Tioga, Tioga, North Dakota and First National Bank & Trust Company, Clinton, Illinois
Newspaper: Not available
Federal Register: Not available
WAUPACA BANCORPORATION, INC. CIC Notice by Scott Michael Rasmussen, as trustee under a 2017 Voting Agreement, Germantown, Wisconsin, to acquire control of 10 percent or more of the voting shares of Waupaca Bancorporation, Inc., and thereby indirectly acquire control of First National Bank, both of Waupaca, Wisconsin.
Newspaper: Not available
Federal Register: 07/24/2017


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
FARMERS & MRCH BK ORFORDVILLE, ORFORDVILLE, WISCONSIN 41245 05/09/2016 08/03/2017 S Small Bank


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