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 September 1, 2018

Filer Filing Type Filing Proposal End of Comment Period
DEMOTTE STATE BANK * Branch DeMotte State Bank, DeMotte, Indiana to establish a branch at 125 South Bierma Street, Wheatfield, Indiana.
Newspaper: 08/31/2018
Federal Register: Not applicable
NORTHBROOK BANK & TRUST COMPANY * 18C Northbrook Bank & Trust Company, Northbrook, Illinois, to purchase certain assets and assume certain liabilities of American Enterprise Bank, Buffalo Grove, Illinois.
Newspaper: Not available
Federal Register: Not applicable
SECURITY TRUST & SAVINGS BANK * 18C
* Branch 		Security Trust & Savings Bank, Storm Lake, IA to purchase certain assets and assume certain liabilities of First National Bank of Rembrandt, Rembrandt, IA. In connection with the purchase and assumption, Security Trust & Savings Bank will establish a branch office at 101 E Main Street, Rembrandt, IA.
Newspaper: Not available
Federal Register: Not applicable
WEST TOWN BANCORP, INC. 4c8 West Town Bancorp, Inc., Raleigh, North Carolina, to continue engaging in extending insurance coverage and brokerage service.
Newspaper: Not applicable
Federal Register: Not available
WINTRUST BANK * Branch Wintrust Bank, Chicago, Illinois to establish a branch at 3354 W. 26th St., Chicago, Illinois.
Newspaper: 09/09/2018
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
ISABELLA BK, MOUNT PLEASANT, MICHIGAN 74140 10/23/2017 08/20/2018 S Large Bank
MARQUETTE BK, CHICAGO, ILLINOIS 716833 02/26/2018 08/20/2018 O Large 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

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Last update: September 06, 2018