Actions taken by the Federal Reserve Bank of Chicago under delegated authority

Bank Branches, Domestic
Grand River Bank, Grandville, Michigan -- to establish a branch at 50 Crahen Avenue, NE, Grand Rapids.
- Approved, June 14, 2019
Hinsdale Bank & Trust Company, Hinsdale, Illinois -- to establish a branch at 1109-1111 West Madison Street, Maywood.
- Approved, April 15, 2019
West Michigan Community Bank, Hudsonville, Michigan -- to establish a branch at 4797 Cascade Road SE, Grand Rapids.
- Approved, March 21, 2019
Midwest Bank, Monmouth, Illinois -- to establish a branch at 300 East Washington Street, East Peoria.
- Approved, March 15, 2019
Wintrust Bank, Chicago, Illinois -- to establish a branch at 4800 North Sheridan Road, Chicago.
- Approved, March 5, 2019
First Farmers Bank & Trust, Converse, Indiana -- to establish a branch at 3510 State Road 38 East, Lafayette.
- Approved, February 21, 2019
Tri-County Bank, Brown City, Michigan -- to establish a branch at 209 South Main Street, Romeo.
- Approved, February 11, 2019
The Northern Trust Company, Chicago, Illinois -- to establish a branch at 4747 Executive Drive, San Diego, California.
- Approved, January 11, 2019
Bank Holding Companies
ChoiceOne Financial Services, Inc., Sparta, Michigan -- to merge with County Bank Corp, Lapeer, and thereby indirectly acquire Lakestone Bank & Trust.
- Approved, July 2, 2019
Sword Financial Corporation, Horicon, Wisconsin -- to merge with Markesan Bancshares, Inc., Markesan, and thereby indirectly acquire Markesan State Bank.
- Approved, June 13, 2019
Richmond Mutual Bancorporation, Inc., Richmond, Indiana -- to become a bank holding company by acquiring First Bank Richmond, Richmond, in connection with the merger of First Mutual of Richmond, Inc., into Richmond Mutual Bancorporation, Inc.  
- Approved, April 25, 2019
Minier Financial, Inc. Employee Stock Ownership Plan w/401(k) Provisions, Minier, Illinois -- to acquire additional shares of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
- Approved, April 23, 2019
Old O'Brien Banc Shares, Inc., Sutherland, Iowa -- (1) to merge with R & J Financial Corporation, Inc., Elma, and thereby indirectly acquire Peoples Savings Bank, and (2) election to become a financial holding company.
- Approved, April 18, 2019
Pella Financial Group, Inc., Pella, Iowa -- to acquire Iowa State Savings Bank, Knoxville.
- Approved, April 18, 2019
Wintrust Financial Corporation, Rosemont, Illinois -- to acquire Rush Oak Corporation, Chicago, and thereby indirectly acquire Oak Bank; and for Wintrust Bank, Chicago, to merge with Oak Bank and thereby establish a branch.
- Approved, April 18, 2019
Brodhead Bancshares, Inc., Brodhead, Wisconsin -- to become a bank holding company by acquiring The Bank of Brodhead, Brodhead.
- Approved, April 11, 2019
Forward Financial, Inc., Marshfield, Wisconsin, and Forward Financial, MHC -- to become bank holding companies by acquiring The First National Bank of Park Falls, Park Falls.
- Approved, April 5, 2019
S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin -- to acquire Union Bancorp of Evansville, Inc., Evansville, and thereby indirectly acquire Union Bank & Trust Company.
- Approved, March 25, 2019
Greenwoods Financial Group, Inc., Lake Mills, Wisconsin -- to acquire Fox River Financial Corporation, Burlington, and thereby indirectly acquire Fox River State Bank.
- Approved, March 18, 2019
MiCommunity Bancorp, Inc., Bloomfield Township, Michigan -- to become a bank holding company by acquiring Mi Bank (in organization), Bloomfield Township.
- Approved, March 13, 2019
First Midwest Bancorp, Inc., Chicago, Illinois -- to acquire Bridgeview Bancorp, Inc., Bridgeview, and thereby indirectly acquire Bridgeview Bank Group; and for First Midwest Bank, Chicago, to merge with Bridgeview Bank Group and thereby establish branches at 11411 West Wadsworth Road, Beach Park; 7940 South Harlem Avenue, Bridgeview; 7300 West 87th Street; 1058 West Bryn Mawr Avenue, Chicago; 1970 North Halsted Street; 6041 North Clark Street; 4605 North Lincoln Avenue; 6366 South Archer Avenue; 4753 North Broadway; 19031 Old LaGrange Road, Mokena; 2760 US-34, Oswego; 3540 Hobson Road, Woodridge; and 1175 Corporate Woods Parkway, Vernon Hills.
- Approved, March 5, 2019
TEB, MHC, Wauwatosa, Wisconsin, and TEB Bancorp, Inc. -- to become a mutual bank holding company and a mid-tier stock bank holding company, respectively, by acquiring The Equitable Bank, S.S.B. (Bank), Wauwatosa, in connection with the conversion of Bank from mutual to stock form and a minority stock issuance by the mid-tier holding company.
- Approved, February 11, 2019
HSBC USA, Inc., New York, New York -- to engage de novo through a newly formed entity, The Consortium, LLC, in data processing activities.
- Approved, January 25, 2019
Blackhawk Bancorp, Inc., Beloit, Wisconsin -- to acquire First McHenry Corporation, McHenry, Illinois, and thereby indirectly acquire The First National Bank of McHenry.
- Approved, January 3, 2019
Bank Mergers
The Bank of Brodhead, Brodhead, Wisconsin -- to merge with New Bank of Brodhead.
- Approved, April 25, 2019
Change In Bank Control
Drake Holding Company, Radcliffe, Iowa -- to retain control of Drake Holding Company and its subsidiary, Security State Bank, Radcliffe.
- Permitted, June 28, 2019
FNB BanShares, Inc., West Union, Iowa -- to retain control of FNB BanShares, Inc., and its subsidiary, Bank 1st, West Union.
- Permitted, June 27, 2019
Town and Country Financial Corporation, Springfield, Illinois -- change in bank control of Town and Country Financial Corporation and its subsidiary, Town and Country Bank, Springfield.
- Permitted, June 18, 2019
Charlevoix First Corporation, Charlevoix, Michigan -- to retain control of Charlevoix First Corporation, and its subsidiary, Charlevoix State Bank, Charlevoix.
- Permitted, June 13, 2019
Solon Financial, Inc., Solon, Iowa -- to retain control of Solon Financial, Inc., and its subsidiary, Solon State Bank, Solon.
- Permitted, May 31, 2019
Lee Capital Corp., Fort Madison, Iowa -- to retain control of Lee Capital Corp. and its subsidiary, Lee County Bank, Fort Madison.
- Permitted, May 24, 2019
Albrecht Financial Services, Inc., Norwalk, Iowa -- change in bank control of Albrecht Financial Services, Inc., and its subsidiary, City State Bank, Norwalk.
- Permitted, May 10, 2019
How-Win Development Co., Cresco, Iowa -- to retain control of How-Win Development Co. and its subsidiary, CUSB Bank, Cresco.
- Permitted, May 9, 2019
Old O'Brien Banc Shares, Inc., Sutherland, Iowa -- change in bank control of Old O'Brien Banc Shares, Inc., and its subsidiary, Security State Bank, Sutherland.
- Permitted, April 30, 2019
Bank First National Corporation, Manitowoc, Wisconsin -- change in bank control of Bank First National Corporation and its subsidiary, Bank First National Association, Manitowoc.
- Permitted, April 30, 2019
BRAD, Inc., Black River Falls, Wisconsin -- change in bank control of BRAD, Inc., and its subsidiary, Black River Country Bank, Black River Falls.
- Permitted, April 18, 2019
S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin -- change in bank control of S.B.C.P. Bancorp, Inc., and its subsidiary, State Bank of Cross Plains, Cross Plains.
- Permitted, March 28, 2019
Rush-Oak Corporation, Chicago, Illinois -- change in bank control of Rush-Oak Corporation and its subsidiary, Oak Bank, Chicago.
- Withdrawn, March 26, 2019
Horizon Bancorp, Inc., Michigan City, Indiana -- change in bank control of Horizon Bancorp, Inc., and its subsidiary, Horizon Bank, Michigan City.
- Permitted, March 19, 2019
Elgin Bancshares, Inc., Elgin, Illinois -- to retain control of Elgin Bancshares, Inc., and its subsidiary, Union National Bank and Trust Company, Elgin.
- Permitted, March 7, 2019
Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa -- to retain control of Emmetsburg Bank Shares, Inc., and its subsidiaries, Iowa Trust & Savings Bank, Emmetsburg, and Panora State Bank, Panora.
- Permitted, March 5, 2019
First Ottawa Bancshares, Inc., Ottawa, Illinois -- change in bank control of First Ottawa Bancshares, Inc., and its subsidiary, The First National Bank of Ottawa, Ottawa.
- Permitted, March 5, 2019
First Community Bancorp, Inc., Beecher, Illinois -- change in bank control of First Community Bancorp, Inc., and its subsidiary, First Community Bank and Trust, Beecher.
- Permitted, February 22, 2019
Lincoln Bancorp, Reinbeck, Iowa -- to retain control of Lincoln Bancorp and its subsidiary, Lincoln Savings Bank, Cedar Falls.
- Permitted, February 15, 2019
Schaumburg Bancshares, Inc., Schaumburg, Illinois -- change in bank control of Schaumburg Bancshares, Inc., and its subsidiary, Heritage Bank of Schaumburg, Schaumburg.
- Permitted, February 8, 2019
Manning Financial Services, Inc., Manning, Iowa -- change in bank control of Manning Financial Services, Inc., and its subsidiary, The First National Bank of Manning, Manning.
- Permitted, February 5, 2019
Dart Financial Corporation, Mason, Michigan -- to retain control of Dart Financial Corporation and its subsidiary, Dart Bank, Mason.
- Permitted, January 17, 2019
Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa -- to retain control of Emmetsburg Bank Shares, Inc., and its subsidiaries, Iowa Trust & Savings Bank, Emmetsburg, and Panora State Bank, Panora.
- Returned, January 11, 2019
Security Agency, Inc., Decorah, Iowa -- change in bank control of Security Agency, Inc., and its subsidiary, Decorah Bank and Trust Company, Decorah.
- Permitted, January 11, 2019
Extensions Of Time
Minier Financial, Inc. Employee Stock Ownership Plan w/401(k) Provisions, Minier, Illinois -- extension to October 23, 2019, to acquire additional shares of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
- Granted, July 10, 2019
HSBC USA, Inc., New York, New York -- extension to July 25, 2019, to engage de novo through a newly formed entity, The Consortium, LLC, in data processing activities.
- Granted, April 18, 2019
Minier Financial, Inc. Employee Stock Ownership Plan w/401(k) Provisions, Minier, Illinois -- extension to April 18, 2019, to acquire shares of Minier Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers State Bank.
- Granted, January 10, 2019
International Operations
The Northern Trust Company, Chicago, Illinois -- for its foreign bank subsidiary, Northern Trust Global Services Limited, Luxembourg, to establish a foreign branch in London, United Kingdom.
- Withdrawn, February 20, 2019
Membership
First State Bank, East Pointe, Michigan -- to become a member of the Federal Reserve System.
- Approved, April 30, 2019
Peoples Bank, Clive, Iowa -- to become a member of the Federal Reserve System.
- Approved, March 19, 2019
Financial Holding Companies
Ambanc Financial Services, Inc., Beaver Dam, Wisconsin, and American National Bank of Beaver Dam Employee Stock Ownership Trust -- election to become financial holding companies.
- Effective, June 28, 2019
Brodhead Bancshares, Inc., Brodhead, Wisconsin -- election to become a financial holding company.
- Effective, May 16, 2019
Foresight Financial Group, Inc., Winnebago, Illinois -- election to become a financial holding company.
- Effective, March 22, 2019

Last Update: July 18, 2019