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 March 16, 2013

Filer Filing Type Filing Proposal End of Comment Period
FIRST BUSEY CORPORATION CIC Notice by Gregory B. Lykins, as trustee of the EMK Special Trust and the ACM, Jr. Descendants Trust; August Christopher Meyer, Jr., individually and as trustee of each of the ACM, Jr. 2010 GRATs, the ACM, Jr. 2013 GRATs, and the KCK, JAK and TCK Non-Exempt Special Trusts; Karen H. Meyer, as trustee of the Karen H. Meyer Revocable Trust; Elisabeth Meyer Kimmel, as trustee of each of the EMK 2010 GRATs and the EMK 2013 GRATs Trusts and Gregory A. Kimmel, individually, as a group of related individuals and entities, have applied for permission to retain and acquire shares, and thereby join the existing Meyer/Kimmel Family Control Group of First Busey Corporation, Champaign, Illinois, pursuant to the Change in Bank Control Act of 1978 (12 U.S.C.� 1817(j)).
Newspaper: 03/25/2013
Federal Register: 03/25/2013
FNBH BANCORP, INC. CIC Stanley Dickson, Jr., Gross Pointe Park, Michigan, as an individual, and the group consisting of Stanley Dickson, Jr., Gross Pointe Park, Michigan, Steven Dickson, Rancho Santa Fe, California, Kathryn J. Dickson, Howell, Michigan and Riddle Limited Partnership, Howell, Michigan ("Riddle LP"), propose to acquire control of FNBH Bancorp, Inc., Howell, Michigan ("FNBH"), and thereby indirectly control First National Bank in Howell, Howell, Michigan.
Newspaper: Not available
Federal Register: 01/31/2013
GREENWOODS FINANCIAL GROUP, INC. CIC LAF GW Investments, LLC (LAF GW), an Arkansas limited liability company, individually, with Stephen L. LaFrance, Jr., Little Rock, Arkansas, as the sole manager, and LAF GW and Stephen L. LaFrance, Jr., together as a group acting in concert with JSJ Properties, LLC, a Missouri limited liability company, with Stephen L. LaFrance, Jr., Jason P. LaFrance, and Joe Courtright, both of Little Rock, Arkansas, as managers, LAF Brothers Properties, LLC, an Arkansas limited liability company, with Stephen L. LaFrance, Jr. and Jason P. LaFrance as managers, the Stephen L. LaFrance, Sr. GW Investments Trust, with Stephen L. LaFrance, Jr. and Jason P. LaFrance as trustees, Jason P. LaFrance, and the Amy LaFrance Bancroft GW Investments Trust, with Stephen L. LaFrance, Sr., Pine Bluff, Arkansas, as trustee, to acquire 10 percent or more of the outstanding voting shares of Greenwoods Financial Group, Inc., and thereby indirectly acquire control of The Greenwood's State Bank, both of Lake Mills, Wisconsin.
Newspaper: 03/05/2013
Federal Register: Not available
JOHNSON FINANCIAL GROUP, INC. CIC Helen Johnson-Leipold, as trustee of the Exempt Family Trust u/a Imogene P. Johnson 2012 Gift Trust, to be added to the existing Johnson Family Control Group that currently controls Johnson Financial Group, Inc., Racine, Wisconsin, and indirectly Johnson Bank, Racine, Wisconsin.
Newspaper: Not available
Federal Register: Not available
LWCBANCORP, INC. CIC The Sharon L. Hearns Irrevocable Family Trust, James E. Hearns, as trustee of the Sharon L. Hearns Irrevocable Family Trust, James E. Hearns and Sharon L. Hearns, all of Naples, Florida, Keith E. Hearns and Natalie Guetierrez-Hearns, both of New Lenox, Illinois, and Gregory F. Steil, Hinsdale, Illinois, together as a group acting in concert, to acquire 10 percent or more of the voting shares of LWCBancorp, Inc., and thereby indirectly acquire control of LincolnWay Community Bank, both of New Lenox, Illinois.
Newspaper: Not available
Federal Register: 04/04/2013
NI BANCSHARES CORPORATION CIC The notice filed pursuant to the Change in Bank Control Act of 1978 by Ms. Marjorie Jane Danielson, Freeport, Maine, as an individual, Ms. Anne Danielson Pick, St. Paul, Minnesota, as an individual; and by the control group consisting of the Clifford and Marjorie Danielson for M. Jane Danielson Child?s Trust, Sycamore, Illinois; the Clifford and Marjorie Danielson for M. Jane Danielson?s Descendants Trust, Sycamore, Illinois; the Clifford and Marjorie Danielson for Anne Pick Child?s Trust, Sycamore, Illinois; the Clifford and Marjorie Danielson for Anne Pick?s Descendants Trust, Sycamore, Illinois; to retain control of NI Bancshares, Corporation, Sycamore, Illinois and thereby retain indirect control The National Bank & Trust Company, Sycamore, Illinois.
Newspaper: Not available
Federal Register: 03/28/2013
NIAGARA BANCORPORATION, INC. CIC Robert H. Edelman, Milwaukee, Wisconsin, is seeking permission to serve as Trustee for a Voting Trust that will acquire 25 percent or more of the shares and control of Niagara Bancorporation, Inc., Niagara, Wisconsin and thereby indirectly control The First National Bank of Niagara, Niagara, Wisconsin. The voting Trust is being established by Robert Gunville, Jr.
Newspaper: 04/01/2013
Federal Register: 04/01/2013
OSB FINANCIAL CORPORATION * 3A1 OSB Financial Corporation, Brooklyn, Michigan, to become a bank holding company by acquiring 100 percent of OSB Community Bank, Brooklyn, Michigan.
Newspaper: Not available
Federal Register: Not available
QCR HOLDINGS, INC. * 3A3 QCR Holdings,Inc., Moline, Illinois, to acquire 100 percent of Community National Bancorporation, Waterloo, Iowa, and thereby indirectly acquire Community National Bank, Waterloo, Iowa.
Newspaper: Not available
Federal Register: 04/04/2013


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