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 28, 2014

Filer Filing Type Filing Proposal End of Comment Period
BANK IOWA * Branch Bank Iowa, West Des Moines, Iowa, to establish a branch office to be located at 2785 1st Avenue South, Altoona, Iowa.
Newspaper: 06/30/2014
Federal Register: Not applicable
FIRST BUSINESS FINANCIAL SERVICES, INC. * 3A5 First Business Financial Services, Inc., Madison, Wisconsin, to acquire 100 percent of Aslin Group, Inc., Leawood, Kansas, and thereby indirectly acquire Alterra Bank, Leawood, Kansas.
Newspaper: Not available
Federal Register: 07/25/2014
FIRST FARMERS BANK & TRUST * 18C
* Branch
First Farmers Bank & Trust, Converse, Indiana, proposes to purchase the assets and assume the liabilities of the nine branches of BMO Harris Bank, N.A., Chicago, Illinois, pursuant to section 18c of the Federal Deposit Insurance Act and thereby establish branches located at 103 West National Avenue, Brazil, Indiana; 201 West Harrison, Carlisle, Indiana; 801 Main Street, Clay City, Indiana; 11612 North U.S. 41, Farmersburg, Indiana; 12 West Mill Street, Shelburn, Indiana; 32 South Court Street, Sullivan, Indiana; 3497 South U.S. Highway 41, Terre Haute, Indiana; 340 Mall Road, Logansport, Indiana; and 1710 West Kem Road, Marion, Indiana, pursuant to section 9 of the Federal Reserve Act.
Newspaper: 07/03/2014
Federal Register: Not applicable
TREYNOR BANCSHARES, INC. * 3A1
* 3A3
Treynor Bancshares, Inc., Treynor, Iowa, to acquire 20 percent of TS Contrarian Bancshares, Inc., Treynor, Iowa, and thereby indirectly acquire The Bank of Tioga, Tioga, North Dakota. In addition, TS Contrarian Bancshares, Inc., Treynor, Iowa, to become a bank holding company by acquiring 100 percent of The Bank of Tioga, Tioga, North Dakota.
Newspaper: Not available
Federal Register: 07/21/2014


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
1ST SOURCE BK, SOUTH BEND, INDIANA 991340 01/13/2014 06/05/2014 S Large Bank
CAMP GROVE ST BK, CAMP GROVE, ILLINOIS 302133 03/10/2014 06/12/2014 S Small Bank
COMMUNITY FIRST BK, BOSCOBEL, WISCONSIN 175140 02/18/2014 06/20/2014 S Small Bank
FIRST BK HAMPTON, HAMPTON, IOWA 786948 02/10/2014 06/20/2014 S Small Bank
HENDRICKS CTY B&TC, BROWNSBURG, INDIANA 633640 12/02/2013 06/16/2014 S Small Bank
PEOPLES' BK ARLINGTON HEIGHTS, ARLINGTON HEIGHTS, ILLINOIS 2813491 02/18/2014 06/08/2014 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