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 28, 2019

Filer Filing Type Filing Proposal End of Comment Period
ANCHOR BANCORPORATION, INC. CIC Notice by William H. Davis, Fairview Park, Ohio, individually, and acting in concert with William A. Minnich, Lakewood, Ohio, to acquire 100 percent of the voting shares of Anchor Bancorporation, Inc., and thereby indirectly control Anchor State Bank, both of Anchor, Illinois.
Newspaper: Not available
Federal Register: 05/14/2019
ARBOR BANCORP, INC. CIC Notice by the Michael C. Martin Gift Trust U/A/D 6.22.16, with Kristine M.P. Martin and William S. Martin as co-trustees; the William S. Martin Gift Trust U/A/D 5.18.16, with Jeanne Anna Kelso and William C. Martin as co-trustees; the William C. Martin GRAT Remainder Trust fbo William S. Martin dated 5.24.17, with William C. Martin as trustee; the William C. Martin GRAT Remainder Trust fbo Michael C. Martin dated 5.24.17, with William C. Martin as trustee; the William C. Martin 2019 Grantor Retained Annuity Trust #1, with William C. Martin as trustee; and the William C. Martin 2019 Grantor Retained Annuity Trust #2, with William C. Martin as trustee, all of Ann Arbor, Michigan, to join the Martin Family Control Group approved on December 15, 2017 and June 21, 2018; and retain and acquire control of 10 percent or more of the voting shares of Arbor Bancorp, Inc., and thereby indirectly control Bank of Ann Arbor, both of Ann Arbor, Michigan.
Newspaper: Not available
Federal Register: Not available
BANK IOWA * 18C
* Branch
Bank Iowa, West Des Moines, Iowa, to merge with First State Bank of Colfax, Colfax, Iowa. As a result of the merger, Bank Iowa, West Des Moines, Iowa, will establish a branch office at 100 N. Walnut, Colfax, Iowa.
Newspaper: Not available
Federal Register: Not applicable
BOSSHARD FINANCIAL GROUP, INC. CIC Notification by Andrew R. Bosshard, as trustee of the Alexandra Tana Bosshard Irrevocable Trust of 2018, the Lindsey Bosshard Irrevocable Trust of 2018, and the Nathan Bosshard-Blackey Irrevocable Bank Trust, LaCrosse, Wisconsin; The Alexandra Tana Bosshard Irrevocable Trust of 2018, LaCrosse, Wisconsin; The Lindsey Bosshard Irrevocable Trust of 2018, LaCrosse, Wisconsin; and the Nathan Bosshard-Blackey Irrevocable Bank Trust, LaCrosse, Wisconsin to acquire 10 percent or more of the shares of Bosshard Financial Group, Inc., La Crosse, Wisconsin, and join the Bosshard Family Group approved in May 2018 which controls 25 percent or more of the shares Bosshard Financial Group, Inc. and thereby indirectly control Oregon Community Bank of Oregon, Wisconsin, and Farmers State Bank of Hillsboro, Wisconsin.
Newspaper: Not available
Federal Register: Not available
CITIZENS BANCSHARES OF LOYAL, INC. CIC Newport Trust Company, Minneapolis, Minnesota, as trustee of the Citizens State Bank of Loyal Stock Bonus Plan & Trust, Loyal, Wisconsin, along with Deanna Masephol, Loyal, Wisconsin, not in an individual capacity, but as Plan Administrator of the Citizens State Bank of Loyal Stock Bonus Plan & Trust, Loyal, Wisconsin, to acquire 10 percent or more of the shares and thereby control of Citizens Bancshares of Loyal, Inc., Loyal, Wisconsin, which controls Citizens State Bank of Loyal, Loyal, Wisconsin.
Newspaper: 10/01/2019
Federal Register: 10/07/2019
CITIZENS BANK HOLDING, INC. CIC Notice by Warren E. Hansen Jr., Delavan, Wisconsin, managing member of 205 MacArthur, LLC; 205 MacArthur, LLC, Mukwonago, Wisconsin, together with Warren E. Hansen Jr. and Eunice N Hansen, Delavan, Wisconsin, as trustee of the Warren E. Hansen and Eunice N. Hansen Joint Revocable Living Trust; the Warren E. Hansen and Eunice N. Hansen Joint Revocable Living Trust, Delavan, Wisconsin; Warren E. Hansen Jr., Delavan, Wisconsin, as Secretary of Caldwell Cemetery Association; and Caldwell Cemetery Association, Delavan, Wisconsin, as a Group acting in concert, to retain 10 percent or more of the shares and thereby control of Citizens Bank Holding, Inc., Mukwonago, Wisconsin. Citizen%s Bank Holding, Inc. controls Citizens Bank, Mukwonago, Wisconsin.
Newspaper: Not available
Federal Register: Not available
FFBW, INC. * SLHC Formation
* MHC Conversion
FFBW, Inc., Brookfield, Wisconsin, to become a savings and loan holding company by acquiring 100 percent of First Federal Bank of Wisconsin, Waukesha, Wisconsin, in connection with the merger of FFBW, Mutual Holding Company into FFBW, Inc., both headquartered in Brookfield, Wisconsin.
Newspaper: 10/12/2019
Federal Register: 10/22/2019
FIRST MIDWEST BANCORP, INC. * 3A5
* 18C
* Branch
First Midwest Bancorp, Inc., Chicago, Illinois, to acquire via merger 100 percent of Bankmanagers Corp. and thereby indirectly acquire Park Bank, both of Milwaukee, Wisconsin. In addition, First Midwest Bancorp, Inc.'s subsidiary bank, First Midwest Bank, Chicago, Illinois, to merge with Park Bank. As a result of the merger, all five offices of Park Bank will become branches of First Midwest Bank.
Newspaper: Not available
Federal Register: Not available
LONGVIEW CAPITAL CORPORATION CIC Notice by David A. Albin, as general partner of MJD Family Investments Limited Partnership and DAA Investments, L.P., Newman, Illinois, and David A. Albin, Newman, Illinois, as a group acting in concert, to retain control of 25 percent or more of Longview Capital Corporation, Newman, Illinois, and thereby indirectly control Longview Bank, Ogden, Illinois; Longview Bank & Trust, Chrisman, Illinois; and Bank of Gibson City, Gibson City, Illinois. In addition, MJD Family Investments Limited Partnership, a Delaware Limited Partnership, Newman, Illinois, and DAA Investments LP, a Delaware Limited Partnership, Newman, Illinois, are seeking to become qualified family partnerships pursuant to 12 U.S.C. Code 1841 (0)(10).
Newspaper: 10/14/2019
Federal Register: 10/15/2019
NEB CORPORATION CIC Eric P. Stone and S. Adam Stone, together with the Stone Revocable Trust dated December 8, 1987, with Peter E. Stone and Barbara E. Stone as trustees, all of Fond du Lac, Wisconsin, as a group acting in concert to join the Stone Family Control Group approved at formation on September 4, 1974, to retain 25 percent or more of the voting shares of NEB Corporation, and thereby indirectly control National Exchange Bank & Trust, both of Fond du Lac, Wisconsin.
Newspaper: Not available
Federal Register: Not available
NORTHSTAR FINANCIAL GROUP, INC. * 3A3 Northstar Financial Group, Inc., Bad Axe, Michigan to acquire 90.7 percent of West Michigan Community Bank, Hudsonville, Michigan.
Newspaper: Not available
Federal Register: 10/25/2019
WATERMAN ACQUISITION GROUP, LLC * 3A1 Waterman Acquisition Group, LLC, Wilmette, Illinois to become a bank holding company by acquiring 100 percent of Waterman State Bank, Waterman, Illinois.
Newspaper: Not available
Federal Register: 03/11/2019


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
CBI B&TC, MUSCATINE, IOWA 830542 02/19/2019 09/22/2019 S Int Small Bank
WOODTRUST BK, WISCONSIN RAPIDS, WISCONSIN 833749 06/24/2019 09/22/2019 S Int 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