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 26, 2015

Filer Filing Type Filing Proposal End of Comment Period
ALBANY BANCSHARES, INC. * 3A3 Albany Bancshares, Inc., Albany, Illinois, to acquire 100 percent of the voting shares of Port Byron State Bank, Port Byron, Illinois.
Newspaper: Not available
Federal Register: 10/23/2015
BAYLAKE BANK * 18C
* Branch
Baylake Bank, Sturgeon Bay, Wisconsin, to merge with Union State Bank. As a result of the merger, Baylake Bank, Sturgeon Bay, Wisconsin, will establish branch offices at 222 Ellis Street, Kewaunee, Wisconsin; 3223 Main Street, Green Bay, Wisconsin; 931 Maquette Drive, Kewaunee, Wisconsin; and, 2221 Lincoln Avenue, Two Rivers, Wisconsin.
Newspaper: Not available
Federal Register: Not applicable
EASTER ENTERPRISES, INC. CIC Notice by Paul D. Easter, Des Moines, Iowa, individually, and the Easter Family Control Group, as a group acting in concert, to retain control of Easter Enterprises, Inc., Spencer, Iowa, and thereby indirectly retain control of Farmers Trust and Savings Bank, Spencer, Iowa. The Easter Family Control Group consists of Paul D. Easter, Des Moines, Iowa; Sandra Easter, Des Moines, Iowa; L. Donald Easter Trust, Des Moines, Iowa (Paul Easter, Trustee); Marian W. Easter Estate, Des Moines, Iowa (Paul Easter Executor); Jane Bahls, Rock Island, Illinois; David and Maud Easter, Delmar, New York; Martha Easter-Wells and Kriss Wells, LeClaire, Iowa; Ken Easter, Des Moines, Iowa; Jeremy Easter, West Des Moines, Iowa; Greg Easter, Minneapolis, Minnesota; Matt Easter, DPO, AP; Jeff Easter, San Francisco, California; Austin Wells, Mentor, OH and Linda Wells, Minneapolis, Minnesota; Jan Stump, West Des Moines, Iowa; Daniel Bahls, Springfield, Massachusetts; Timothy Bahls, Madison, Wisconsin; and Angela Cummins, Tucson, Arizona.
Newspaper: Not available
Federal Register: Not available
EDGEWATER BANCORP, INC. * 3A1 Edgewater Bancorp, Inc., St. Joseph, Michigan, to become a Bank Holding Company following the conversion of its subsidiary bank, Edgewater Bank, St. Joseph, Michigan, from a federal savings bank to a Michigan state chartered bank.
Newspaper: Not available
Federal Register: 10/19/2015
FIRST MERCHANTS CORPORATION * 3A5 First Merchants Corporation, Muncie, Indiana, to acquire via merger 100 percent of Ameriana Bancorp, New Castle, Indiana, and thereby indirectly acquire Ameriana Bank, New Castle, Indiana.
Newspaper: Not available
Federal Register: Not available
FIRST MIDWEST BANCORP, INC. * 3A5 First Midwest Bancorp, Inc., Itasca, Illinois, to acquire Peoples Bancorp, Inc., Arlington Heights, Illinois and thereby indirectly acquire The Peoples Bank of Arlington Heights, Illinois.
Newspaper: Not available
Federal Register: Not available
SV FINANCIAL, INC. CIC Ronald G. Gerken and Karol Gerken, both of Sterling, Illinois, as a group acting in concert, to retain 10 percent or more of SV Financial, Inc., Sterling, Illinois and thereby indirectly control Sauk Valley Bank & Trust Company, Sterling, Illinois.
Newspaper: 09/30/2015
Federal Register: 09/29/2015
WASHINGTON STATE BANK * 18C
* Branch
Washington State Bank, Washington, Iowa, to purchase certain assets and assume certain liabilities of Columbus Junction State Bank, Columbus Junction, Iowa. In connection with the purchase and assumption, Washington State Bank will establish a branch at 134 Main Street, Columbus Junction, Iowa.
Newspaper: 10/05/2015
Federal Register: Not applicable
WB BANCORP, INC. CIC Notice by William M. Pfeffer, New Berlin, Illinois, individually and acting in concert with Mary Bobette Gerlach, Springfield, Illinois; Betsy Pech, Lincoln, Illinois; and Barbara Pfeffer, Herrin, Illinois, as beneficiaries of the Robert Pfeffer Trust, as amended June 14, 1999, to control more than 50 percent of the voting shares of WB Bancorp, Inc., New Berlin, Illinois, and thereby indirectly control Warren-Boynton State Bank, New Berlin, Illinois.
Newspaper: Not available
Federal Register: 09/14/2015
West Town Bancorp * 3A1 West Town Bancorp, Inc., Raleigh, North Carolina, to acquire 100 percent of the voting stock of West Town Bank and Trust, Cicero, Illinois.
Newspaper: 10/05/2015
Federal Register: 10/02/2015


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