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: 9
Federal Reserve Bank of: Minneapolis

Filings received during the week ending November 26, 2005

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANK HOLDING COMPANY, INC. CIC Shirley A. Davidson; the Shirley A. Davidson Marital Trust, Shirley A. Davidson trustee; Tamara M. Davidson-Sogard; the Tamara M. Davidson-Sogard Family Generation Skipping Trust, Tamara M. Davidson-Sogard trustee; Patrick Oliver Sogard; Barrett W. Sogard; the Barrett W. Sogard Trust; Isabella M. Sogard; the Isabella M. Sogard Trust; Oliver T. Sogard; the Oliver T. Sogard Trust; Thomas P. Sogard; and the Thomas P. Sogard Trust all of Williston, North Dakota and Thomas M. Davidson, Jr. and the Thomas M. Davidson Jr. Family Generation Skipping Trust, Thomas M. Davidson Jr. trustee of Minneapolis, Minnesota, a group acting in concert, to acquire 25 percent or more of the shares of American State Bank Holding Company, Inc., Williston, North Dakota, and thereby indirectly gain control of American State Bank & Trust Company of Williston, Williston, North Dakota. In addition, Shirley A. Davidson, Tamara M. Davidson-Sogard, and Patrick O. Sogard to individually acquire 25 percent or more of the shares of American State Bank Holding Company, Inc., Williston, North Dakota, and thereby indirectly gain control of American State Bank & Trust Company of Williston, Williston, North Dakota.
Newspaper: Not available
Federal Register: 12/02/2005
BV Bancshares, Inc. * 3A1 BV Bancshares, Inc., Minneapolis, Minnesota to become a bank holding company by acquiring 100 percent of Stonebridge Bank, Minneapolis, Minnesota, a de novo bank.
Newspaper: 12/23/2005
Federal Register: Not available
DACOTAH BANK * Branch Dacotah Bank, Aberdeen, South Dakota, to establish a branch located on 1231 East 57th Street, Sioux Falls, South Dakota.
Newspaper: 11/28/2005
Federal Register: Not applicable
DACOTAH BANK * Branch Dacotah Bank, Aberdeen, South Dakota, to establish a branch located on 410 West Villard, Dickinson, North Dakota.
Newspaper: 11/28/2005
Federal Register: Not applicable
HANISCH BANKSHARES, LTD. CIC Change in control notice by Paul J. Hanisch, Crosby, North Dakota, to acquire 25 percent or more of the shares of Hanisch Bankshares, Ltd., Crosby, North Dakota and thereby indirectly acquire control of Farmers State Bank of Crosby, Crosby, North Dakota.
Newspaper: Not available
Federal Register: 12/06/2005
NOVA EUROPEAN HOLDINGS COMPANY Investment U.S. Bank, N.A., Cincinatti, Ohio, through NOVA European Holdings Company, Minneapolis, Minnesota, and agreement corporation, is proposing to aquire the European merchant processing of Citibank. The Citibank Canrd Acceptance ("CCA") business, operated theough various foreign complanies owned by Citibank, is headquartered in the United Kingdom a nd located also in Germany, Belgium and Poland.
Newspaper: Not applicable
Federal Register: Not applicable


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 First Quarter of 2006 (January 1, 2006 - March 31, 2006)

Institution Location
CITIZENS ST BK OF CHOTEAU CHOTEAU, MONTANA
CLINTON ST BK CLINTON, MINNESOTA
COMMUNITY BK MISSOULA MISSOULA, MONTANA
FARMERS ST BK FAITH, SOUTH DAKOTA
FARMERS ST BK VICTOR, MONTANA
FIRST CITIZENS BK OF BUTTE BUTTE, MONTANA
FIRST CMNTY BK GLASGOW, MONTANA
FIRST PREMIER BK SIOUX FALLS, SOUTH DAKOTA
FLINT CREEK VALLEY BK PHILIPSBURG, MONTANA
FULTON ST BK FULTON, SOUTH DAKOTA
HEARTLAND ST BK EDGELEY, NORTH DAKOTA
NORTH SHORE BK OF COMMERCE DULUTH, MINNESOTA
STATE BK OF TOWNSEND TOWNSEND, MONTANA
WESTERN BK OF WOLF POINT WOLF POINT, MONTANA
YELLOWSTONE BK LAUREL, MONTANA

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