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

Bank Branches, Domestic
Johnson Bank, Racine, Wisconsin -- to establish a branch at 448 S. Gammon Road, Madison, Wisconsin.
- Approved, March 22, 2024
Johnson Bank, Racine, Wisconsin -- to establish a branch at 4120 North Galaxy Drive, Appleton, Wisconsin.
- Approved, February 23, 2024
Community State Bank, Avilla, Indiana -- to establish a branch at 11255 Twin Creeks Drive, Fort Wayne, Indiana.
- Approved, February 2, 2024
Independent Bank, Grand Rapids, Michigan -- to establish a branch at 21250 Hall Road, [Clinton Township, Michigan.]
- Approved, January 25, 2024
Bank Holding Companies
Oxford Bank Corporation, Oxford, Michigan -- to indirectly acquire an interest in NOX, LLC, Oxford, Michigan, and thereby engage in the nonbanking activity of making and servicing loans, pursuant to [section 225.28(b)(1)] of Regulation Y.
- Approved, March 25, 2024
First Busey Corporation, Champaign, Illinois -- to merge with Merchants and Manufacturers Bank Corporation, Channahon, Illinois, and thereby indirectly acquire Merchants and Manufacturers Bank, Joliet, Illinois.
- Approved, February 28, 2024
Treynor Bancshares, Inc., Treynor, Iowa -- (1) to acquire all of the additional voting shares of TS Contrarian Bancshares, Inc., Treynor, Iowa, and subsequently merge with TS Contrarian Bancshares, Inc., and thereby indirectly acquire voting shares of Bank of Tioga, Tioga, North Dakota, and First National Bank and Trust Company, Clinton, Illinois, and (2) for the Joshua Guttau Generational Irrevocable Trust and the Heidi A. Guttau Generational Irrevocable Trust, Scott Braden and Lyse Wells as co-trustees, all of Treynor, Iowa, to join the Guttau Family Control Group, a group acting in concert, to each acquire voting shares of Treynor Bancshares, Inc., and thereby indirectly acquire voting shares of TS Bank, Treynor, Iowa; Bank of Tioga; and First National Bank and Trust Company.
- Withdrawn, February 23, 2024
Northstar Financial Group, Inc., Bad Axe, Michigan -- to acquire Mainstreet Community Bank of Florida, DeLand, Florida.
- Approved, February 22, 2024
Change In Bank Control
Talen, Inc., Traer, Iowa -- the William C. Talen Revocable Trust, and Darlys Hulme, as trustee, both of Vinton, Iowa; Mary June Talen, Omaha, Nebraska; Deborah Talen and Ruth Erickson, both of Minneapolis, Minnesota; the William Talen III Revocable Trust, William Talen III and Savitri Durkee, as co-trustees, and Julie Talen, all of New York, New York; and Robert Lassiter, Marthaville, Louisiana, to retain additional voting shares of Talen, Inc., and thereby indirectly retain voting shares of Farmers Savings Bank & Trust, Traer, Iowa.
- Permitted, March 22, 2024
River Valley Bancorporation, Inc., Wausau, Wisconsin -- the CN 2023 Dynasty Trust, Milwaukee, Wisconsin, Gregory P. Nicklaus, Arbor Vitae, Wisconsin, and Peter J. Wilder, Pewaukee, Wisconsin, as co- trustees; and the DN 2023 Dynasty Trust, Milwaukee, Wisconsin, Todd R. Nicklaus, Rothschild, Wisconsin, and Peter J. Wilder, as co-trustees; to join the Nicklaus Family Control Group, a group acting in concert, to acquire voting shares of River Valley Bancorporation, Inc., and thereby indirectly acquire voting shares of IncredibleBank, Wausau, Wisconsin.
- Permitted, March 12, 2024
First Bancorp of Taylorville, Inc., Taylorville, Illinois -- Beth E. Brotherton, Taylorville, Illinois, and Thomas Matthew Beavers, Mount Zion, Illinois; to acquire additional voting shares of First Bancorp of Taylorville, Inc., and thereby indirectly acquire additional voting shares of First National Bank in Taylorville, Taylorville, Illinois, and more.
- Permitted, March 8, 2024
Easton Bancshares, Inc., Easton, Illinois -- Sue Ann McClaren, Denver, Colorado, to retain voting shares of Easton Bancshares, Inc., and thereby indirectly retain voting shares of Community Bank of Easton, Easton, Illinois.
- Permitted, March 4, 2024
Petefish, Skiles Bancshares, Inc., Virginia, Illinois -- George Bley II and Michelle Bley, both of Palm Harbor, Florida, and Jan E. Rohde, Springfield, Illinois, as members of the Bley Family Control Group, a group acting in concert, to retain voting shares of Petefish, Skiles Bancshares, Inc., and The First National Bank of Beardstown, Beardstown, Illinois.
- Permitted, January 31, 2024
Ixonia Bancshares, Inc., Ixonia, Wisconsin -- Kristine L. MacDonald Ixonia Trust, Joan P. Lubar Ixonia Trust, Susan A. Lubar Ixonia Trust, and Sheldon B. and Marianne Lubar Ixonia Trust, all of Milwaukee, Wisconsin, and more; to join the Lubar Family Control Group, a group acting in concert, to acquire voting shares of Ixonia Bancshares, Inc., and thereby indirectly acquire voting shares of Ixonia Bank, Ixonia, Wisconsin.
- Permitted, January 30, 2024
Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa -- Karen K. Spies, Graettinger, Iowa, to retain voting shares of Emmetsburg Bank Shares, Inc., and thereby indirectly retain voting shares of Iowa Trust & Savings Bank, Emmetsburg, Iowa.
- Permitted, January 25, 2024
Tama County Abstract Company, Toledo, Iowa -- Michael R. Mickelson, as trustee of the following trusts: the M.R. Mickelson Tama County Abstract Company Trust, the John M. Mickelson Trust f/b/o Benjamin J. Mickelson, Eagle, Idaho, and many more; to form the Mickelson Family Control Group, a group acting in concert to retain voting shares of Tama County Abstract Company and thereby indirectly retain voting shares of The State Bank of Toledo, Toledo, Iowa.
- Permitted, January 9, 2024
Whitmore Company, Inc., Clarinda, Iowa -- Kenneth F. Whitmore GST Exempt Marital Trust, Lynn Whitmore as trustee, Lynn Whitmore, Scott Whitmore, and Cynthia Alvarez, all of Clarinda, Iowa; to join the Whitmore Family Control Group, a group acting in concert to retain voting shares of Whitmore Company, Inc., and thereby indirectly retain voting shares of PCSB Bank, Clarinda, Iowa.
- Permitted, January 9, 2024
Banks, State Member
Ally Bank, Sandy, Utah -- to make a public welfare investment.
- Approved, April 4, 2024
Savings and Loan Holding Companies
Forward Mutual Holding Company and Forward Financial, Inc., both of Marshfield, Wisconsin -- to acquire Lake City Federal Bank, Lake City, Minnesota.
- Approved, February 27, 2024

Last Update: April 18, 2024