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 April 4, 2026

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
CIBC BANK USAPublic Welfare InvestmentCIBC Bank USA, Chicago, Illinois, prior notice to make a public welfare investment pursuant to Section 208.22 of Regulation H. Not applicableNot applicable
CIBC BANK USAPublic Welfare InvestmentCIBC Bank USA, Chicago, Illinois, prior notice to make a public welfare investment pursuant to Section 208.22 of Regulation H.Not applicableNot applicable
FIRST ILLINOIS CORPORATIONChange in Bank ControlDavid 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 availableNot available
GreatAmerica Holdings, Inc.* 3A1GreatAmerica 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 KNot available03/25/2026
The Stephen M. Calk 2025 Trust* AcquisitionThe 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 available02/09/2026

* 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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
BANK MIDWEST, SPIRIT LAKE, IOWA4555108/24/202505/19/2025SInt Small Bank
CBI B&TC, MUSCATINE, IOWA83054203/08/202610/20/2025OInt Small Bank
COMMUNITY ST BK, ANKENY, IOWA79054306/21/202510/28/2024SInt Small Bank
FIRST BK OF BERNE, BERNE, INDIANA31224405/16/202503/03/2025SInt Small Bank
FIRST ST BK, EASTPOINTE, MICHIGAN11374002/12/202608/04/2025SInt Small Bank
PEOPLES BK, CLIVE, IOWA96824901/30/202610/27/2025SInt Small Bank
WOODTRUST BK, WISCONSIN RAPIDS, WISCONSIN83374902/23/202610/06/2025SInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
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Last Update: April 09, 2026