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 July 22, 2006

Filer Filing Type Filing Proposal End of Comment Period
1ST SOURCE BANK * Branch 1st Source Bank, South Bend, Indiana, to establish a branch facility to be located at 555 West Crosstown Parkway, Kalamazoo, Michigan.
Newspaper: 07/31/2006
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 11608 Carmel Mountain Road, San Diego, California.
Newspaper: Not available
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 1610 Stacy Road, Allen, Texas.
Newspaper: Not available
Federal Register: Not applicable
FIRST FARMERS BANK & TRUST * 18C
* Branch
First Farmers Bank & Trust Co., Converse, Indiana, to purchase certain assets and assume certain liabilities of three Indiana branch offices of Fifth Third Bank, Grand Rapids, Michigan, located in Culver, Knox, and North Judson, and thereby to establish three branch offices.
Newspaper: Not available
Federal Register: Not applicable
INLAND BANCORP HOLDING COMPANY * 3A5 Inland Bancorp Holding Company, Oak Brook, Illinois, to acquire 100 percent of the voting shares of Cambank, Inc., Lake Zurich, Illinois, and thereby indirectly acquire Cambridge Bank, Lake Zurich, Illinois.
Newspaper: Not available
Federal Register: Not available
M&I MARSHALL & ILSLEY BANK * Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to establish a branch facility to be located at Yuma Road and Watson Road, Buckeye, Arizona.
Newspaper: 07/20/2006
Federal Register: Not applicable
MARSHALL & ILSLEY CORPORATION 4c8 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, to acquire through its wholly-owned subsidiary, Metavante Corporation, 100 percent of the voting shares of VICOR, Inc., Richmond, California, and thereby engage in data processing activities, and management consulting and counseling activities.
Newspaper: Not applicable
Federal Register: 08/07/2006
NORTHERN TRUST COMPANY, THE Investment Reg K -- The Northern Trust Company, Chicago, Illinois, to make investments in Northern Trust Guernsey Holdings Limited, Saint Peter Port, Guernsey, and in Northern Trust (Guernsey) Limited, Saint Peter Port, Guernsey.
Newspaper: Not applicable
Federal Register: Not applicable
OAKLAND FINANCIAL SERVICES, INC. * 3A3 Oakland Financial Services, Inc., Oakland, Iowa, to increase its ownership to a 33.3 percent equity interest in Otoe County Bancorporation, Inc., Nebraska City, Nebraska, and thereby increase their indirect ownership of Otoe County Bank & Trust Company, Nebraska City, Nebraska.
Newspaper: 08/11/2006
Federal Register: 08/14/2006
PEDCOR CAPITAL, LLC * 3A1 Pedcor Capital, LLC, Carmel, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of Pedcor Bancorp, Carmel, Indiana, and thereby indirectly acquire International City Bank, N.A., Long Beach, California.
Newspaper: Not available
Federal Register: 08/07/2006
SOUTHWEST COMPANY * 3A3 Southwest Company, Sidney, Iowa, to increase its ownership to a 33.3 percent equity interest in Otoe County Bancorporation, Inc., Nebraska City, Nebraska, and thereby increase indirect ownership of Otoe County Bank & Trust Company, Nebraska City, Nebraska.
Newspaper: 08/12/2006
Federal Register: 08/14/2006


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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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