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

Bank Branches, Domestic
Opportunity Bank of Montana, Helena, Montana -- to establish a branch at 21 3rd Street North, Great Falls.
- Approved, February 6, 2019
Bank Holding Companies
GNI, LLC, Hamilton, North Dakota -- to become a bank holding company by acquiring Wall Street Holding Company, Hamilton, and thereby acquire control of Bank of Hamilton.
- Withdrawn, January 31, 2019
Orvet, Inc., Minneapolis, Minnesota; and Silver Springs Financial Corp -- to acquire Lake Country Community Bank, Morristown.
- Withdrawn, January 18, 2019
Bank Mergers
First Interstate Bank, Billings, Montana -- to merge with Community 1st Bank, Post Falls, Idaho, and thereby establish branches.
- Approved, January 10, 2019
Savings and Loan Holding Companies
The Farrar Beresford Bancorporation Inc. Irrevocable Trust, Britton, South Dakota; and Beresford Bancorporation, Inc. (Applicants) -- (1) to become bank holding companies for a moment in time by acquiring Western Bancshares of Alamogordo, Inc., Carlsbad, New Mexico, and Western Bank, while retaining ownership of First Savings Bank, Beresford, a federal savings bank; and (2) to reconvert to savings and loan holding companies following the merger of Western Bank and First Savings Bank and for Applicants to retain their current operations.
- Approved, January 29, 2019

Last Update: February 21, 2019