Actions taken by the Federal Reserve Bank of Minneapolis under delegated authority

Bank Branches, Domestic
Dakota Western Bank, Bowman, North Dakota -- to establish a branch at 24 Main Avenue South, Regent.
- Approved, March 2, 2018
Farmers State Bank, Victor, Montana -- to establish a branch at 120 Hutton Ranch Road, Kalispell.
- Approved, February 2, 2018
Bank Holding Companies
Security Financial Services Corporation, Durand, Wisconsin -- to acquire Pioneer Acquisition Corporation, Ladysmith, and for Security Financial Bank, Durand, to merge with Pioneer Bank of Wisconsin, Ladysmith, and thereby establish branches.
- Approved, June 7, 2018
Viking Financial Corporation, Alexandria, Minnesota -- to become a bank holding company by acquiring First State Bank of Ashby, Ashby; in connection, to retain ownership of Viking Bank, Alexandria, and thereby engage in operating a savings association.
- Approved, May 11, 2018
Choice Financial Holdings, Inc., Fargo, North Dakota -- to acquire Venture Bank, Bloomington, Minnesota.
- Approved, April 30, 2018
Mackinac Financial Corporation, Manistique, Michigan -- to acquire First Federal of Northern Michigan Bancorp, Inc., Alpena, and thereby indirectly acquire First Federal of Northern Michigan.
- Approved, March 30, 2018
Cyrus Bancshares, Inc., Alexandria, Minnesota -- to merge with Quality Bankshares, Inc., Page, North Dakota, and thereby indirectly acquire Quality Bank, Fingal.
- Approved, February 26, 2018
Great Western Bancorp, Inc., Sioux Falls, South Dakota -- commitment relief request.
- Granted, February 5, 2018
Mackinac National Bancorp, Inc., Saint Ignace, Michigan -- to become a bank holding company by acquiring First National Bank of Saint Ignace, Saint Ignace, and election to become a financial holding company.
- Approved, February 5, 2018
Stearns Financial Services, Inc., Employee Stock Ownership Plan, Saint Cloud, Minnesota -- to acquire additional shares of Stearns Financial Services, Inc., Saint Cloud, and thereby indirectly increase its control of Stearns Bank National Association; Stearns Bank of Upsala, National Association, Upsala; and Stearns Bank of Holdingford, National Association, Holdingford.
- Approved, January 11, 2018
Change In Bank Control
Equity Bank Holding Company, Inc., Minnetonka, Minnesota -- change in control of Equity Bank Holding Company, Inc., and its subsidiary, Equity Bank, Minnetonka.
- Permitted, May 23, 2018
First Sleepy Eye Bancorporation, Inc., Sioux Falls, South Dakota -- change in bank control of First Sleepy Eye Bancorporation, Inc., and its subsidiaries, First Security Bank of Sleepy Eye, Sleepy Eye, Minnesota, and First Security Bank of Canby, Canby.
- Permitted, March 27, 2018
Flathead Lake Bancorporation, Inc., Polson, Montana -- change in bank control of Flathead Lake Bancorporation, Inc., and its subsidiary, First Citizens Bank of Polson NA, Polson.
- Permitted, February 21, 2018
Bosshard Banco, Ltd., La Crosse, Wisconsin -- change in bank control of Bosshard Banco, Ltd. and its subsidiaries, First National Bank of Bangor, Bangor, and Intercity State Bank, Schofield.
- Permitted, February 15, 2018
Heritage Bancshares Group, Inc., Spicer, Minnesota -- change in bank control of Heritage Bancshares Group, Inc., and its subsidiary, Heritage Bank, NA, Spicer.
- Withdrawn, January 18, 2018
Hatton Bancshares, Inc., Fargo, North Dakota -- to retain control of Hatton Bancshares, Inc., and its subsidiary, Aspire Financial, Fargo.
- Permitted, January 10, 2018
Extensions Of Time
Mackinac National Bancorp, Inc., Saint Ignace, Michigan -- extension to May 5, 2018, to become a bank holding company by acquiring First National Bank of Saint Ignace, Saint Ignace; and election to become a financial holding company.
- Granted, May 3, 2018
Kirkwood Bancorporation Co., Bismarck, North Dakota -- extension to August 3, 2018, to acquire shares of Kirkwood Bancorporation of Nevada, Inc., Las Vegas, Nevada, and thereby indirectly gain control of Kirkwood Bank of Nevada.
- Granted, April 19, 2018
First Community Bank, Glasgow, Montana -- extension to May 31, 2018, to establish a branch at 7517 Roughsawn Drive, Helena.
- Granted, April 5, 2018
Kirkwood Bancorporation Co., Bismarck, North Dakota -- extension to May 3, 2018, to acquire shares of Kirkwood Bancorporation of Nevada, Inc., Las Vegas, Nevada, and thereby indirectly gain control of Kirkwood Bank of Nevada.
- Granted, January 29, 2018
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota -- extension to April 10, 2018, to acquire shares of Security State Bank Holding Company, Fargo, and thereby indirectly gain control of Bank Forward, Hannaford.
- Granted, January 4, 2018

Last Update: June 14, 2018