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 January 21, 2017

Filer Filing Type Filing Proposal End of Comment Period
ADAMS BANCSHARES, INC. CIC Change in Control Notice by Timothy M. Schneider, Adams, Minnesota, individually and as trustee of the Timothy Schneider Irrevocable Trust to acquire control of 10% or more of the voting shares of Adams Bancshares, Adams, Minnesota. In addition, the Trust is filing to acquire control of Company shares as part of the Schneider family shareholder group, and thereby indirectly acquire control of United Farmers State Bank, Adams, Minnesota.
Newspaper: 01/18/2017
Federal Register: 01/24/2017
HAZEN BANCORPORATION, INC. * 3A3 Hazen Bancorporation, Inc., Hazen, North Dakota, to increase its ownership in North Star Holding Company, Inc., Jamestown, North Dakota, as a result of a stock redemption of North Star Holding Company, and thereby indirectly increase its control of Unison Bank, Jamestown, North Dakota.
Newspaper: Not available
Federal Register: 02/14/2017
MCINTOSH COUNTY BANK HOLDING COMPANY, INC. * 3A3 McIntosh County Bank Holding Company, Inc., Ashley, North Dakota, to increase its ownership in North Star Holding Company, Inc., Jamestown, North Dakota, as a result of a stock redemption of North Star Holding Company, and thereby indirectly increase its control of Unison Bank, Jamestown, North Dakota.
Newspaper: Not available
Federal Register: 02/14/2017
WADENA BANKSHARES, INC. * 18C
* Branch
* 3A3
Wadena Bankshares Inc., Wadena, Minnesota, to acquire 100% of FNB Acquisition Holding Corporation, Wadena, Minnesota. In addition, Wadena State Bank, Wadena, Minnesota, to merge with The First National Bank in Wadena, Wadena, Minnesota, and incident thereto, establish a branch.
Newspaper: Not available
Federal Register: Not available


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

* Subject to the provisions of the Community Reinvestment Act

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