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 February 5, 2011

Filer Filing Type Filing Proposal End of Comment Period
FIRST COMMUNITY BANCSHARES CORP. CIC Notice by Betty J. Bradshaw 2000 Irrevocable Trust dated 10/30/00, Charles M. Shea, as Trustee, and Molly Boed, as committee member of the Betty Bradshaw 2000 Irrevocable Trust dated 10/30/00, to acquire control of First Community Bancshares Corp., Anamosa, Iowa, and thereby indirectly acquire control of First Community Bank, Milton, Wisconsin and Citizens Savings Bank, Anamosa, Iowa.
Newspaper: Not available
Federal Register: 08/23/2010
TAYLOR CAPITAL GROUP, INC. CIC Notice by Jennifer Wells Steans, Evanston, Illinois, Heather Steans and Robin Steans, Chicago, Illinois, as trustee of The Steans 1996 Family Trust; The Steans 1996 Family Trust, Chicago, Illinois; Trilogy Investment Group, LLC, Chicago, Illinois; Adeline Steans Morrison, Lake Forest, Illinois; Helen Harrison Morrison, Washington, D.C.; Lois Langdon Morrison, Chicago, Illinois; Justin William Daab, Chicago, Illinois; Margot Morrison Brinley, Charlotte, North Carolina; Charles Edward Brinley, Charlotte, North Carolina, Amy Morrison Heinrich, Grayslake, Illinois; Foursquare Investments, LLC, Chicago, Illinois; Thomas Benton Hunter IV, Lake Forest, Illinois; Willard Morrison Hunter, Lake Bluff, Illinois, individually and as custodian for Willard K. Hunter; Benjamin James Hunter, Chicago, Illinois; Peter Morrison Hunter, New York, New York; Tscharner de Graffenried Hunter, New York, New York; and Thomas Ruffin Hunter, Lake Forest, Illinois, to retain and acquire shares of Taylor Capital Group, Inc., Rosemont, Illinois, and indirectly Cole Taylor Bank, Chicago, Illinois, and thereby join the existing Steans Family Control Group.
Newspaper: Not available
Federal Register: 02/24/2011
VILLAGE BANK & TRUST * 18C
* Branch
Village Bank and Trust Company, Arlington Heights, Illinois, to purchase certain assets and assume certain liabilities of a branch located in 320 East Northwest Highway, Mount Prospect, Illinois, from Northbrook Bank & Trust Company, Northbrook, Illinois, and thereby to establish a branch at the same location.
Newspaper: 02/12/2011
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
CITIZENS BK, FLINT, MICHIGAN 222147 06/02/2008 12/14/2010 NI Large Bank
MARKESAN ST BK, MARKESAN, WISCONSIN 489641 05/10/2010 01/24/2011 S Small Bank


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