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 May 23, 2020

Filer Filing Type Filing Proposal End of Comment Period
BATH STATE BANCORP EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS * 3A1 Bath State Bancorp Employee Stock Ownership Plan With 401(k) Provisions, Bath, Indiana, to become a bank holding company by acquiring up to 30 percent of Bath State Bancorp, Bath, Indiana, and thereby acquiring control of Bath State Bank, Bath, Indiana.
Newspaper: Not available
Federal Register: 06/25/2020
HOYNE SAVINGS, MHC * SLHC Acquisition Notice by Hoyne Savings, MHC and Hoyne Financial Corporation, both of Chicago, Illinois to acquire 100 percent of Loomis Federal Savings and Loan Association, a federal mutual savings association. In connection with the proposal, outside counsel is seeking feedback on treatment of the membership rights of Loomis shareholders.
Newspaper: Not available
Federal Register: Not available
LASALLE BANCORP, INC. CIC Notice by the Gerald F. Fitzgerald, Jr. Trust Dated September 10, 1987, as Restated December 31, 2009, Palatine, Illinois with Gerald F. Fitzgerald, Jr. as trustee; S.C. Investments, L.P., Palatine, Illinois, with Gerald F. Fitzgerald as general partner; the Fitzgerald Dynasty Trust, Palatine, Illinois, with Denise M. Fitzgerald as trustee; the James G. Fitzgerald 1988 Trust, Naples, Florida, with James G. Fitzgerald as trustee; the Andrew J. Fitzgerald 2011 Trust, Santa Barbara, California, with Andrew J. Fitzgerald as trustee; the Timothy E. Fitzgerald 2011 Trust, Naples, Florida, with Timothy J. Fitzgerald and James G. Fitzgerald as co-trustees; and the Whooper Trust, Naples, Florida, with Jane M. Fitzgerald as trustee, as a group acting in concert, to join the Fitzgerald family control group, to retain and acquire 25 percent or more of LaSalle Bancorp, LaSalle, Illinois and thereby indirectly control Hometown National Bank, LaSalle, Illinois.
Newspaper: Not available
Federal Register: Not available


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 Third Quarter of 2020 (July 1, 2020 - September 30, 2020) and Fourth Quarter of 2020 (October 1, 2020 - December 31, 2020)

Institution Location Quarter
DEMOTTE ST BK DEMOTTE, INDIANAThird Quarter of 2020
FARMERS & MRCH SVG BK MANCHESTER, IOWAThird Quarter of 2020
FARMERS T&SB BUFFALO CENTER, IOWAThird Quarter of 2020
GLENWOOD ST BK GLENWOOD, IOWAThird Quarter of 2020
ILLINI ST BK OGLESBY, ILLINOISThird Quarter of 2020
MARQUETTE BK CHICAGO, ILLINOISThird Quarter of 2020
PREMIER BK DUBUQUE, IOWAThird Quarter of 2020
PRIMEBANK LE MARS, IOWAThird Quarter of 2020
CENTRAL BK STORM LAKE, IOWAFourth Quarter of 2020
FIRST T&SB OF WATSEKA WATSEKA, ILLINOISFourth Quarter of 2020
FNNB BK NEWTON, IOWAFourth Quarter of 2020
SHELBY CTY ST BK SHELBYVILLE, ILLINOISFourth Quarter of 2020
STATE BK GENEVA GENEVA, ILLINOISFourth Quarter of 2020
THUMB B&TC PIGEON, MICHIGANFourth Quarter of 2020

* 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

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Last update: May 28, 2020