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 9, 2017

Filer Filing Type Filing Proposal End of Comment Period
ASSOCIATED BANC-CORP * 4c8 Associated Banc-Corp, Green Bay, Wisconsin to acquire Bank Mutual Corporation, Milwaukee, Wisconsin and thereby indirectly acquire Bank Mutual, Milwaukee, Wisconsin and thereby operate a savings association, pursuant to Section 225.28 (b)(4)(ii) of Regulation Y.
Newspaper: Not available
Federal Register: Not available
BANK IOWA * Branch Bank Iowa, West Des Moines, Iowa, to establish a branch at 604 Franklin Street, Pella, Iowa.
Newspaper: 09/15/2017
Federal Register: Not applicable
CAPITAL BANCSHARES, INC. CIC Notice by Jennifer S. LeClair, St. Charles, Missouri, Joseph M. Leng, Primghar, Iowa, Jamey M. Rehder, Granville, Iowa, and Jeffrey J. Leng, Primghar, Iowa, to join the Leng Family Control Group as approved in April of 2002 and retain control of Capital Bancshares, Inc., Primghar, Iowa, and thereby indirectly control Savings Bank, Primghar, Iowa.
Newspaper: Not available
Federal Register: 09/19/2017
COMMUNITY GRAIN CO. CIC Notice by Catherine Rottinghaus, Charles City, Iowa, Janet Rydberg, Des Moines, Iowa, and Julie Woodhouse of Carroll, Iowa, to each acquire 10 percent or more of the voting shares of Community Grain Company, Carroll, Iowa, and thereby indirectly acquire control of Iowa Savings Bank, Carroll, Iowa, and join the existing Hess Family Control Group that was approved on February 12, 2015.
Newspaper: Not available
Federal Register: Not available
FIRST AMERICAN BANKSHARES, INC. CIC Notice by James S. Schafer, The Villages, Florida, individually, to retain control of over 10 percent of First American Bankshares, Inc., Fort Atkinson, Wisconsin, and thereby indirectly control of PremierBank, Fort Atkinson, Wisconsin and Commercial Bank, Whitewater, Wisconsin.
Newspaper: Not available
Federal Register: Not available
FIRST INTERNET BANCORP 4c8 Notice by First Internet Bancorp, Fishers, IN to acquire 9.99% of the voting shares of Lendeavor, Inc., San Francisco, California and thereby engage in nonbanking activity of extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.
Newspaper: Not applicable
Federal Register: Not available
RIGLER INVESTMENT COMPANY * 3A3 Rigler Investment Company, New Hampton, Iowa to acquire control of Green Circle Investments, Inc., Clive, Iowa and thereby indirectly acquire Peoples Trust and Savings Bank, Clive, Iowa.
Newspaper: Not available
Federal Register: Not available
TITONKA BANCSHARES, INC. CIC Notice by Aaron T. Boyken, individually, and together as a group acting in concert with the Allan J. Boyken Revocable Bank Stock Trust, with Allan J. Boyken as trustee; the F. Joy Boyken 2010 Trust, with Allan J. Boyken as trustee; and the F. Joy Boyken Revocable Bank Stock Trust, with F. Joy Boyken as trustee, all of Titonka, Iowa, to acquire control of 100 percent of the voting shares of Titonka Bancshares, Inc., Titonka, Iowa, and thereby indirectly control Titonka Savings Bank, Titonka, Iowa.
Newspaper: 09/07/2017
Federal Register: 09/05/2017
TS CONTRARIAN BANCSHARES, INC. CIC Notice by GGC, LLP, an Iowa Limited Partnership, Council Bluffs, Iowa; General Partner Richard Gibson, and Limited Partners Kim Gibson and Tracy Connealy, all of Council Bluffs, Iowa, have applied to the Federal Reserve Board for permission to retain and obtain 10 percent or more of the voting shares of TS Contrarian Bancshares, Inc., Treynor, Iowa and thereby indirectly acquire control of Bank of Tioga, Tioga, North Dakota and First National Bank & Trust Company, Clinton, Illinois
Newspaper: Not available
Federal Register: 08/22/2017


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
FIRST CITIZENS BK, MASON CITY, IOWA 186744 05/23/2016 09/01/2017 S Int Sm Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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