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 April 25, 2009

Filer Filing Type Filing Proposal End of Comment Period
BANK IOWA * 18C
* Branch 		Bank Iowa, Oskaloosa, Iowa, to purchase the assets and assume the liabilities of the Newton, Iowa branch of Bank Iowa, Altoona, Iowa, and to establish a branch facility at 215 West 2nd Street North, Newton, Iowa.
Newspaper: 04/27/2009
Federal Register: Not applicable
COMMUNITY FIRST FINANCIAL CORPORATION * 3A1 Community First Financial Corporation, Kokomo, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of Community First Bank of Howard County, Kokomo, Indiana.
Newspaper: 04/24/2009
Federal Register: 04/27/2009
FREEDOM FINANCIAL BANK Member Freedom Financial Bank, West Des Moines, Iowa, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
LOGAN COUNTY BANK * 18C
* Branch 		Logan County Bank, Lincoln, Illinois, to purchase certain assets and assume certain liabilities of the 100 W. Elm, Buffalo, Illinois branch of Town & Country Bank of Springfield, Springfield, Illinois, and thereby to establish a branch at 100 W. Elm, Buffalo, Illinois.
Newspaper: Not available
Federal Register: Not applicable
M&I MARSHALL & ILSLEY BANK * Branch M&I Marshall and Ilsley Bank, Milwaukee, Wisconsin, to establish a branch facility to be located at 12620 East 116th Street, Fishers, Indiana.
Newspaper: 03/26/2009
Federal Register: Not applicable
OSB FINANCIAL CORPORATION * 3A1 OSB Financial Corporation, Brooklyn, Michigan, to become a bank holding company by acquiring 100 percent of the voting shares of OSB Community Bank, Brooklyn, Michigan.
Newspaper: Not available
Federal Register: 04/10/2009
TOWN & COUNTRY BANK OF SPRINGFIELD * 18C
* Branch 		Town & Country Bank of Springfield, Springfield, Illinois, to merge with Town & Country Bank, Buffalo, Illinois, and thereby to establish 3 branches.
Newspaper: Not available
Federal Register: Not applicable


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

* Subject to the provisions of the Community Reinvestment Act

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

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Last update: April 30, 2009