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 September 3, 2011

Filer Filing Type Filing Proposal End of Comment Period
ATBANCORP * 3A3 ATBancorp, Dubuque, Iowa, to acquire up to 100 percent of the outstanding voting shares of United American Bank, San Mateo, California.
Newspaper: Not available
Federal Register: 09/19/2011
C-B-G, INC. * 3A3 C-B-G, Inc., West Liberty, Iowa, to acquire up to 50.01 percent, in Washington Bancorp, Washington, Iowa, and thereby increase it's indirect interest in Washington Bancorp's subsidiary, Federation Bank, Washington, Iowa.
Newspaper: Not available
Federal Register: 09/12/2011
EVANS BANCSHARES, INC. CIC Notice by Paul L. Martin and Pamela J. Martin, Bradenton, Florida, to gain control of Evans Bancshares, Inc., Evansdale, Iowa, and thereby indirectly control First Security State Bank, Evansdale, Iowa. Paul and Pamela Martin will collectively increase their ownership from 9.63 percent to 12.43 percent with the purchase of 2000 shares.
Newspaper: 09/15/2011
Federal Register: 08/01/2011
OOSTBURG BANCORP, INC. 4c8 Oostburg Bancorp, Inc., Oostburg, Wisconsin, proposes to establish OSC Consulting Services, LLC, Oostburg, Wisconsin, to provide compliance services to its subsidiary bank and two unaffiliated banks, and thereby engage in the nonbanking activity of management consulting and counseling activities.
Newspaper: Not applicable
Federal Register: 09/21/2011
TOWN AND COUNTRY FINANCIAL CORPORATION CIC Notices by (1) the Henry C. Kirschner Trust B1, the Henry C. Kirschner Trust A2, David E. Kirschner and Margaret Kirschner, individually and as co-trustees of the Henry C. Kirschner Trust B1 and the Henry C. Kirschner Trust A2, the David E. Kirschner Declaration of Trust and David E. Kirschner as trustee, the Margaret Kirschner Declaration of Trust and Margaret Kirschner as trustee, The Noble Foundation, Philip and Cheryl Kirschner, Khajha Kirschner, Pamela Kirschner Bolduc, the Mary C. Kirschner 2007 Trust, and David E. Kirschner as trustee of the Mary C. Kirschner 2007 Trust, to retain, as a group acting in concert, over 25 percent of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois;(2) Margaret Kirschner, individually and as trustee and co-trustee of various trusts, to retain over 25% of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois; and 3) David E. Kirschner, individually and as trustee and co-trustee of various trusts, to retain over 25% of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois.
Newspaper: 08/24/2011
Federal Register: 08/11/2011
WAUKON STATE BANK * 18C
* Branch
Waukon State Bank, Waukon, Iowa, to merge with Viking State Bank and Trust, Decorah, Iowa. As a result of the merger, Waukon State Bank, will establish a branch office at 321 W Water Street, Decorah, Iowa and 1801 Old Stage Road, Decorah, Iowa.
Newspaper: 09/02/2011
Federal Register: Not applicable
WHEATON BANK & TRUST COMPANY * Branch Wheaton Bank & Trust Company, Wheaton, Illinois, to establish a branch facility to be located at 5 South Washington Street, Naperville, Illinois.
Newspaper: 09/09/2011
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
STATE BK THE LAKES, ANTIOCH, ILLINOIS 595430 07/19/2010 08/25/2011 S Large Bank
VILLAGE B&TC, ARLINGTON HEIGHTS, ILLINOIS 2298995 11/15/2010 08/25/2011 S Large 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