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 May 12, 2007

Filer Filing Type Filing Proposal End of Comment Period
1ST BANK * 18C
* Branch
1st Bank, Sidney, Montana, to purchase certain assets and assume certain liabilities of the Broadus, Montana branch of Rocky Mountain Bank, Billings, Montana, and incident thereto proposes to establish a branch at 201 North Wilber, Broadus, Montana.
Newspaper: Not available
Federal Register: Not applicable
BLOOMER BANCSHARES, INC. CIC Notice by Archie Pecha, and Ardella Pecha, both of Arcadia, Flordia, Terry Pecha, Bloomer, Wisconsin, Todd Pecha, Bloomer, Wisconsin, Cindy Dachel, Capitola, California, Melanie Pecha Rubenzer, Bloomer, Wisconsin, and Rhonda Prince, Bloomer, Wisconsin, to retain control of Bloomer Bancshares, Inc., Bloomer, Wisconsin, and thereby indirectly gain control of Peoples State Bank of Bloomer, Bloomer, Wisconsin.
Newspaper: Not available
Federal Register: 05/17/2007
FIRST NATIONAL BANK OF LEWISTOWN Member
* 18C
* Branch
First National Bank of Lewistown, Lewistown, Montana, to be known as First Bank of Montana, Lewistown, Montana, proposes to become a member of the Federal Reserve System. In addition, First Bank of Montana, Lewistown, Montana, to merge with Western Bank of Chinook, N.A., Chinook, Montana, and incident thereto proposes to establish a branch at 327 Indiana Street, Chinook, Montana.
Newspaper: Not available
Federal Register: Not applicable
MESABA BANCSHARES, INC. * 3A3 Mesaba Bancshares, Inc., Grand Rapids, Minnesota, to acquire 100 percent of Evergreen Bancshares, Inc., Two Harbors, Minnesota, and thereby indirectly acquire The Lake Bank, Two Harbors, Minnesota.
Newspaper: Not available
Federal Register: 06/05/2007


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
NONE

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