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 June 8, 2013

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL SOUTH BANCORPORATION, INC. CIC Notice by the Downing Family (D. Robert and Ardene K. Downing, Kamie Lynn-Downing and Gary L. Haynes, and Karey Downing and Todd R. Bishop, and Downing Family Investments, Inc., all of Indianola, Iowa) together as a group acting in concert, to retain control of Central South Bancorporation, Inc., Indianola, Iowa, and thereby indirectly Peoples Savings Bank, Indianola, Iowa.
Newspaper: Not available
Federal Register: Not available
CHIEF IOWA INVESTMENT CORPORATION * 3A1 Chief Iowa Investment Corporation, Clive, Iowa, to become a bank holding company by acquiring 100 percent of Montezuma State Bank, Montezuma, Iowa.
Newspaper: 06/21/2013
Federal Register: 06/14/2013
CLEAR LAKE BANK AND TRUST COMPANY * 18C
* Branch
Clear Lake Bank & Trust Co., Clear Lake, Iowa, to purchase the assets and assume the liabilities of two Mason City, Iowa, branch offices of Community National Bank, Waterloo, Iowa. Clear Lake Bank & Trust Co. will establish a branch at 100 E State Street, Mason City, Iowa. The office located at 3124 Fourth Street SW, will immediately be consolidated with Clear Lake Bank & Trust Co.'s branch office located at 425 Tiffany Drive, both of Mason City, Iowa.
Newspaper: Not available
Federal Register: Not applicable
JOHNSON FINANCIAL GROUP, INC. CIC Notice by the Danielle Marie Marquart 2013 Trust to acquire shares of Johnson Financial Group, Inc., Racine, Wisconsin, pursuant to the Change in Bank Control Act of 1978. As a result of the proposed transaction, JFG shares and other assets previously held by the Danielle Marie Marquart Trust u/a with Winifred J. Marquart & Michael D. Marquart dated 4/21/95 will be held by the Trust. Johnson Bank will serve as trustee of the Trust.
Newspaper: Not available
Federal Register: 06/21/2013


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