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 January 15, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

BTC FINANCIAL CORPORATION

CIC

Notice by John Ruan IV, Des Moines, Iowa; James H. Windsor IV, Chicago, Illinois; and Jonathan Hale Hoak, Dallas, Texas, to join Thomas R. Schaefer, Stuart, Florida, as members of a Family Business Advisory Board and together as a group acting in concert, to retain the authority to vote 100 percent of the voting shares of BTC Financial Corporation, Des Moines, Iowa. Messrs. Ruan, Windsor, Hoak and Schaefer constitute the Family Business Advisory Board of both The Ruan Trust and The Ruan BTC Trust, both of Des Moines, Iowa, which in aggregate the trusts own 100 percent of the voting shares of BTC Financial Corporation. BTC Financial Corporation controls Bankers Trust Company, Des Moines, Iowa. John Ruan IV, Des Moines, Iowa, is the trustee of both The Ruan Trust and The Ruan BTC Trust.

Newspaper:	01/24/2022
Federal Register:	01/25/2022

CUSB BANK

* 18C
* Branch

CUSB Bank, Cresco, Iowa to purchase the assets and assume the liabilities of the Waverly and Shell Rock offices of Security State Bank, Springville, IA, and thereby establish branches at the following locations: 933 16th Street SW, Waverly, Iowa and 104 N Cherry Street, Shell Rock, Iowa.

Newspaper:	Not available
Federal Register:	Not applicable

HOW-WIN DEVELOPMENT CO.

CIC

JST 2020 Trust, Stephanie C. Thomson, individually and as co-trustee with CUSB Bank, all of Cresco, Iowa, to join the Thomson Family Control Group, a group acting in concert, to retain voting shares of How-Win Development Co. and thereby indirectly retain voting shares of CUSB Bank, both of Cresco, Iowa.

Newspaper:	02/02/2022
Federal Register:	01/18/2022

HTB, INC.

CIC

Jere M. Ahrens, Houston, Texas, individually, and acting in concert with Karen L. Ahrens, North Fort Myers, Florida; Jessica A. Ahrens Bingaman, Fort Worth, Texas; Jill A. Ahrens, Houston, Texas; Lindsay S. Ahrens Dahl, Camp Crook, South Dakota; Jenna K. Ahrens Brown, Laramie, Wyoming; Becky C. Campbell, Houston, Texas; and Brian E. Campbell, San Diego, California, to join the Ahrens Family Control Group and retain the voting shares of HTB, Inc., Osage, Iowa. HTB, Inc. and thereby retain the voting shares of Home Trust & Savings Bank, Osage, Iowa.

Newspaper:	Not available
Federal Register:	02/04/2022

LIBERTY FINANCIAL SERVICES, INC.

CIC

Notice by the First Amended and Restated Mark R. Peterson Bank Trust, the First Amended and Restated Susan P. Depass Bank Trust, the First Amended and Restated Chase R. Peterson Bank Trust, the First Amended and Restated Clair P. Peterson Bank Trust, the First Amended and Restated Cole M. Peterson Bank Trust, and the First Amended and Restated Aja M. Depass Bank Trust, Mark R. Peterson, as trustee, and by Polly P. Peterson Trust, Polly P. Peterson and the Polly P. Peterson IRA with Polly P, Peterson as trustee and owner, respectively, all of Dakota Dunes, South Dakota; to join the Peterson Family Control Group, a group acting concert, to retain voting shares of Liberty Financial Services, Inc. and thereby indirectly retain voting shares of Liberty National Bank, both of Sioux City, Iowa

Newspaper:	01/28/2022
Federal Register:	01/26/2022

NORTHERN TRUST COMPANY, THE

PWI

The Northern Trust Company, Chicago, Illinois, provided notice of public welfare investment pursuant to section 208.22(b)(1)(i) of Regulation H.

Newspaper:	Not applicable
Federal Register:	Not applicable

QCR HOLDINGS, INC.

* 3A5
* 18C
* Branch

QCR Holdings, Inc., Moline, Illinois to merge with Guaranty Federal Bancshares, Inc., Springfield, Missouri. Concurrently, Springfield First Community Bank, Springfield, Missouri to merge with Guaranty Bank, Springfield, Missouri and thereby establish branches at the main office and branch locations of Guaranty Bank.

Newspaper:	Not available
Federal Register:	01/19/2022

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 January 15, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 7
Federal Reserve Bank of: Chicago