Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending June 6, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

GNB BANCORPORATION

4c8

GNB Bancorporation, Grundy Center, Iowa proposes to take assignment of a loan to GNB Bancorporation ESOP and thereby engage in the nonbanking activity of making and servicing loans pursuant to section 225.28(b)(1)of Regulation Y.

Newspaper:	Not applicable
Federal Register:	Not available

HOYNE SAVINGS, MHC

* SLHC Acquisition

Hoyne Savings, MHC and Hoyne Financial Corporation, both of Chicago, Illinois, to acquire control of Loomis Federal Savings and Loan Association, Chicago, Illinois pursuant to the Home Owners Loan Act ("HOLA") and 12 C.F.R. Part 238.11(b) and 12 C.F.R. Part 239.7(a)(1) and (a)(2) of Regulation MM. Under the proposal, Hoyne Savings, MHC would form an interim Illinois-chartered stock savings bank, Hoyne Interim Bank. Loomis Federal Savings and Loan Association and the applicants' existing subsidiary savings association, Hoyne Savings Bank, Chicago, Illinois, would then each be merged with and into Hoyne Interim Bank. Hoyne Interim Bank would be the surviving institution and would be known thereafter as "Hoyne Savings Bank."

Newspaper:	06/15/2020
Federal Register:	07/06/2020

LASALLE BANCORP, INC.

CIC

Notice by 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:	06/17/2020

MERCHANTS BANCORP

4c8

Merchants Bancorp, Carmel, Indiana proposes to increase its non-voting Class B membership interest from 30 percent to 44.23 percent in Arcline Lending, LLC, Mount Laurel, New Jersey and thereby engage in the nonbanking activity of making and servicing loans pursuant to sections 225.28(b)(1) and 225.28(b)(2) of Regulation Y.

Newspaper:	Not applicable
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 Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending June 6, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago