Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 7: Federal Reserve Bank of Chicago PDF
Filings received during the week ending March 7, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| ALLY BANK | Public Welfare Investment | Ally Bank, Sandy, Utah to make up to a public welfare investment, pursuant to section 208.22(b)(1)(iv)(A) of Regulation H. | Not applicable | Not applicable |
| ALLY BANK | Public Welfare Investment | Ally Bank, Sandy, Utah to make up to a public welfare investment, pursuant to section 208.22(b)(1)(iv)(A) of Regulation H. | Not applicable | Not applicable |
| BANK CMG | * 18C * Branch (Domestic) | Bank CMG, Madison, Wisconsin to merge with Farmers Savings Bank, Mineral Point, Wisconsin. Bank CMG will establish branches at 1113 Johns Street, Dodgeville, Wisconsin; 3156 Main Street, Emund, Wisconsin; 501 Second Avenue, Hollandale, Wisconsin; 305 Doty Street, Mineral Point, Wisconsin; and 1833 Springdale Street, Mount Horeb, Wisconsin. | Not available | Not applicable |
| CIBC BANK USA | Public Welfare Investment | CIBC Bank USA, Chicago, Illinois, prior notice of its Public Welfare Investment, pursuant to Section 208.22 of Regulation H. | Not applicable | Not applicable |
| ENOVA INTERNATIONAL, INC. | * 3A1 | Enova International, Inc., Chicago, Illinois to become a bank holding company by acquiring Grasshopper Bancorp, Inc. and thereby indirectly acquiring Grasshopper Bank, National Association, both of New York, New York through merger with Enova Interim Bank, N.A., South Jordan, Utah. | Not available | 02/27/2026 |
| FIRST ILLINOIS CORPORATION | Change in Bank Control | David W. Rathje, Decatur, Illinois; Kelly S. Rathje Brandon, Decatur, Illinois; the Jonathan 2012 Irrevocable Trust, with Kelly S. Rathje Brandon and David W. Rathje as co-trustees, all of Decatur, Illinois; the Lauren 2012 Irrevocable Trust, with Kelly S. Rathje Brandon and David W. Rathje as co-trustees, all of Decatur, Illinois; David J. Rathje, Decatur, Illinois; Rachel O. Rathje, Decatur, Illinois; and David J. Rathje, Fort Myers, Florida, a group acting in concert, to retain voting shares of First Illinois Corporation and thereby indirectly retain voting shares of HPB Holdings, Inc. and Hickory Point Bank and Trust, all of Decatur, Illinois. | Not available | Not available |
| GreatAmerica Holdings, Inc. | * 3A1 | GreatAmerica Holdings, Inc., Cedar Rapids, Iowa, to become a bank holding company by acquiring 100 percent of Heritage Bank, Marion, Iowa and merging with GreatAmerica Interim National Bank, Cedar Rapids, Iowa. Additionally, GreatAmerica Holdings Inc., to engage in certain nonbanking activities pursuant to section 225.28(b) of Regulation Y. Concurrently, Bank proposes to establish a de novo Edge Act Corporation, pursuant section 211.5 and 211.9 of Regulation K | Not available | 03/19/2026 |
| The Stephen M. Calk 2025 Trust | * Acquisition | The Stephen M. Calk 2025 Trust with Bernard Banks as trustee, both of Houston, Texas to become a savings and loan holding company by acquiring National Bancorp Holdings, Inc., Chicago, Illinois. | Not available | 02/09/2026 |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| BANK OF PONTIAC, PONTIAC, ILLINOIS | 930442 | 10/25/2024 | 07/15/2024 | S | Int Small Bank |
| CHELSEA ST BK, CHELSEA, MICHIGAN | 711548 | 06/10/2024 | 02/26/2024 | S | Int Small Bank |
| COMMUNITY ST BK, AVILLA, INDIANA | 502746 | 06/15/2024 | 03/04/2024 | S | Int Small Bank |
| GNB BK, GRUNDY CENTER, IOWA | 724744 | 02/08/2025 | 11/18/2024 | S | Int Small Bank |
| GUARANTY BK, SPRINGFIELD, MISSOURI | 3804535 | 03/31/2024 | 05/01/2023 | S | Int Small Bank |
| IOWA ST BK, HULL, IOWA | 982348 | 07/21/2024 | 04/01/2024 | S | Int Small Bank |
| TRI-COUNTY BK, BROWN CITY, MICHIGAN | 695349 | 04/06/2024 | 08/14/2023 | S | Int Small Bank |
| WASHINGTON ST BK, WASHINGTON, IOWA | 433943 | 05/05/2024 | 01/22/2024 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||