District 7: Federal Reserve Bank of Chicago PDF

Filings received during the week ending January 7, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
FIRST SECURITY BANCORP, INC.Change in Bank Control William R. Wirtz, individually and as trustee of the WRW FSB Trust, the EVW 1937 FSB Trust, and the EVW FSB Trust, all of Chicago, Illinois, to retain voting shares of First Security Bancorp, Inc. (Bancorp), and thereby indirectly retain voting shares of First Security Trust and Savings Bank (Bank), both of Elmwood Park, Illinois. In addition, the WRW FSB Trust, the EVW 1937 FSB Trust, and the EVW FSB Trust, to join the William R. Wirtz Family Control Group, a group acting in concert, to retain voting shares of Bancorp and thereby indirectly retain voting shares of Bank.Not availableNot available

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
CBI B&TC, MUSCATINE, IOWA83054211/14/202207/18/2022SInt Small Bank
FIRST BK OF BERNE, BERNE, INDIANA31224405/07/202201/31/2022SInt Small Bank
FIRST ST BK, EASTPOINTE, MICHIGAN11374009/12/202203/14/2022SInt Small Bank
TOWN & CNTRY BK, SPRINGFIELD, ILLINOIS59024802/13/202209/27/2021OInt Small Bank
CRA Examinations scheduled for    Quarter of
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Last Update: January 12, 2023