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 January 30, 2016

Filer Filing Type Filing Proposal End of Comment Period
COUNTY BANCORP, INC. * 3A5 County Bancorp, Inc., Manitowoc, Wisconsin, to acquire Fox River Valley Bancorp, Inc., Appleton, Wisconsin, and thereby indirectly acquire The Business Bank, Appleton, Wisconsin.
Newspaper: Not available
Federal Register: Not available
EASTERN MICHIGAN FINANCIAL CORPORATION * 3A5
* 18C
Eastern Michigan Financial Corporation, Croswell, Michigan, to merge with Ruth Bank Corporation, Ruth, Michigan and thereby acquire control of Ruth State Bank, Ruth, Michigan.
Newspaper: Not available
Federal Register: Not available
EASTERN MICHIGAN FINANCIAL CORPORATION * 3A5
* 18C
Eastern Michigan Financial Corporation, Croswell, Michigan, to merge with Ruth Bank Corporation, Ruth, Michigan and thereby acquire control of Ruth State Bank, Ruth, Michigan.
Newspaper: Not available
Federal Register: 01/13/2016
FIRST BUSEY CORPORATION * 3A5 First Busey Corporation, Champaign, Illinois, to merge with Pulaski Financial Corp., Saint Louis, Missouri, and thereby indirectly acquire Pulaski Bank, National Association, Creve Coeur, Missouri.
Newspaper: 02/11/2016
Federal Register: 02/11/2016
MAINSOURCE FINANCIAL GROUP, INC. * 4c8 MainSource Financial Group, Inc., Greensburg, Indiana, to merge with Cheviot Financial Corp., Cheviot, Ohio, a savings and loan holding company and thereby indirectly acquire control of Cheviot Savings Bank, Cheviot, Ohio, a chartered savings and loan association.
Newspaper: Not available
Federal Register: Not available
MB FINANCIAL, INC. * 3A5 MB Financial, Inc., Chicago, Illinois, to merge with American Chartered Bancorp, Inc., Schaumburg, Illinois and thereby indirectly acquire control of American Chartered Bank, Chicago, Illinois.
Newspaper: Not available
Federal Register: Not available
MERCHANTS BANCORP 4c8 Merchants Bancorp, Carmel, Indiana, proposes to engage in extending credit and servicing loans through a joint venture in Arclight Financial, LLC, Cinnaminson, New Jersey.
Newspaper: Not applicable
Federal Register: Not available
OAK PARK RIVER FOREST BANKSHARES, INC. CIC Walter F. Healy, Oak Park, Illinois, to acquire 15.5 percent of Oak Park River Forest Bankshares, Inc., Oak Park, Illinois and thereby indirectly acquire Community Bank Oak Park River Forest, Oak Park, Illinois.
Newspaper: 01/06/2016
Federal Register: Not available
VOGEL BANCSHARES, INC. CIC Notice by Jean E. Vogel, Erika G. Brossard, and Anne N. Kooiman, all of Orange City, Iowa; DV Capital, L.L.C., with Drew F. Vogel and Jean E. Vogel as members, all of Orange City, Iowa; Ian D. Vogel and Maximillian O. Faidi, both of Omaha, Nebraska; Mia K. Nelson, Carol Stream, Illinois; Ali N. Goepfert, Lino Lakes, Minnesota; Meika M. Vogel and Trevor A. Vogel, both of Eden Prairie, Minnesota; Tyler F. Vogel, Northfield, Minnesota; and Christopher W. Vogel, Minneapolis, Minnesota, to join the Vogel Family Control Group (currently consisting of Franklin Vogel and Drew F. Vogel, both of Orange City, Iowa; Wrede E. Vogel, Luverne, Minnesota; and Blair D. Vogel, Omaha, Nebraska) and retain control of 100 percent of the voting shares of Vogel Bancshares, Inc., Orange City, Iowa, and thereby indirectly control Iowa State Bank, Hull, Iowa.
Newspaper: 01/20/2016
Federal Register: 01/27/2016


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
COMMUNITY ST BK, AVILLA, INDIANA 502746 10/26/2015 02/10/2016 S Small Bank
EXCHANGE ST BK, ADAIR, IOWA 787141 10/05/2015 01/14/2016 S Small Bank
FIRST BK OF BERNE, BERNE, INDIANA 312244 09/28/2015 01/29/2016 S Int Sm Bank
HINSDALE B&TC, HINSDALE, ILLINOIS 2119773 08/24/2015 02/09/2016 O 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