|Public Information Documents|
Actions taken by the Federal Reserve Bank of Minneapolis
under delegated authority
Bank Holding Companies
Midwest Bancshares, Inc., Tyndall, South Dakota -- to acquire Commercial Bank of Minnesota, Heron Lake, Minnesota, and to acquire Risk Management Partners, Inc., and thereby engage in general insurance agency activities in a town with a population not exceeding 5,000.
- Approved, April 12, 2013
State Bankshares, Inc., Fargo, North Dakota -- to acquire Business Bancorporation, Inc., Minnetonka, Minnesota, and thereby acquire The Business Bank.
- Approved, February 28, 2013
Lake Shore III Corporation, Glenwood City, Wisconsin -- to become a bank holding company by acquiring Hiawatha National Bank, Hager City.
- Returned, February 14, 2013
First Dakota Financial Corporation, Yankton, South Dakota, and First Dakota National Bank -- waiver of application to acquire Bank 360, Beresford, in connection with its merger with and into First Dakota National Bank, Yankton.
- Granted, January 11, 2013
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Leackco Bank Holding Company, Inc., Wolsey, South Dakota -- change in bank control of Leackco Bank Holding Company and its subsidiaries, American Bank & Trust, Wessington Springs, and American State Bank of Pierre, Pierre.
- Permitted, May 9, 2013
Fort Ridgely National Bancorporation, Inc., Fairfax, Minnesota -- to retain control of Fort Ridgely National Bancorporation and its subsidiary, First National Bank of Fairfax, Fairfax.
- Permitted, May 7, 2013
WEB, Inc., Fairmont, Minnesota -- to retain control of WEB, Inc. and its subsidiary, State Bank of Fairmont, Fairmont.
- Permitted, April 26, 2013
Community Pride Bank Corporation, Ham Lake, Minnesota -- change in bank control of Community Pride Bank Corporation and its subsidiary, Community Pride Bank, Isanti.
- Permitted, April 3, 2013
MPS Investment Company, Appleton, Minnesota -- change in bank control of MPS Investment Company and its subsidiary, Farmers and Merchants State Bank of Appleton, Appleton.
- Permitted, April 2, 2013
Full Service Insurance Agency, Inc., Buxton, North Dakota -- change in bank control of Full Service Insurance Agency and its subsidiary, First State Bank, Buxton.
- Permitted, March 29, 2013
Finlayson Bancshares, Inc., Finlayson, Minnesota -- to retain control of Finlayson Bancshares and its subsidiaries, Northview Bank, Sandstone, and First Independent Bank, Russell.
- Withdrawn, March 22, 2013
N.A. Corporation, Roseville, Minnesota -- change in bank control of N.A. Corporation and its subsidiary, North American Banking Company, Roseville.
- Permitted, March 12, 2013
Underwood Bancshares, Inc., Underwood, Minnesota -- to retain control of Underwood Bancshares and its subsidiary, Farmers State Bank of Underwood, Underwood.
- Permitted, March 8, 2013
Sterling Financial Group, Inc., Rochester, Minnesota -- change in bank control of Sterling Financial Group and its subsidiary, Sterling State Bank, Austin.
- Permitted, March 7, 2013
Plato Holdings, Inc., Saint Paul, Minnesota -- change in bank control of Plato Holdings and its subsidiary, Drake Bank, Saint Paul.
- Permitted, February 21, 2013
Neisen Bancshares, Inc., Watkins, Minnesota -- to retain control of Neisen Bancshares and its subsidiary, Farmers State Bank of Watkins, Watkins.
- Permitted, January 23, 2013