Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 9
Federal Reserve Bank of: Minneapolis

Filings received during the week ending February 18, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

FRANKSON INVESTMENT CORPORATION

CIC

Change in control notice by Katherine Buland, Waseca, Minnesota; Elizabeth Danger, Prior Lake, Minnesota; Ann Gaytko, Waseca, Minnesota; James Sankovitz, Chaska, Minnesota; and Thomas Sankovitz, Waseca, Minnesota, a group acting in concert, to acquire control of Frankson Investment Corporation, Waseca, Minnesota, and thereby indirectly acquire control of The First National Bank of Waseca, Waseca, Minnesota.

Newspaper:	03/01/2006
Federal Register:	03/01/2006

SALISH AND KOOTENAI BANCORPORATION

* 3A1

Salish and Kootenai Bancorporation, Polson, Montana, to become a bank holding company by acquiring 100 percent of the capital stock of Eagle Bank, Polson, Montana, a de novo bank.

Newspaper:	Not available
Federal Register:	03/03/2006

VALLEY BANK OF RONAN

* Branch

Valley Bank of Ronan, Ronan, Montana, to establish a branch located at 146 S. Shore Route, Polson, Montana.

Newspaper:	03/03/2006
Federal Register:	Not applicable

WESTBRAND, INC.

Member
* 3A3

Westbrand, Inc., Minot, North Dakota, to acquire 100 percent of First Western Bank, Eden Prairie, Minnesota, and incident thereto, First Western Bank, Eden Prairie, Minnesota, a de novo bank, to become a member of the Federal Reserve System.

Newspaper:	Not available
Federal Register:	03/17/2006

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
DAKOTA WESTERN BK, BOWMAN, NORTH DAKOTA	827458	10/31/2005	02/03/2006	S	Small Bank

CRA Examinations scheduled for Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

Institution	Location
BIG SKY WESTERN BK	BOZEMAN, MONTANA
CITIZENS ST BK OF CHOTEAU	CHOTEAU, MONTANA
CLINTON ST BK	CLINTON, MINNESOTA
COMMUNITY BK	AUSTIN, MINNESOTA
COMMUNITY BK MISSOULA	MISSOULA, MONTANA
DACOTAH BK	ABERDEEN, SOUTH DAKOTA
FARMERS ST BK	VICTOR, MONTANA
FIRST CITIZENS BK OF BUTTE	BUTTE, MONTANA
FIRST WESTERN B&TC	MINOT, NORTH DAKOTA
FULTON ST BK	FULTON, SOUTH DAKOTA
NORTH SHORE BK OF COMMERCE	DULUTH, MINNESOTA
PENINSULA BK OF ISHPEMING	ISHPEMING, MICHIGAN
PEOPLES ST BK OF PLAINVIEW	PLAINVIEW, MINNESOTA
STATE BK OF TOWNSEND	TOWNSEND, MONTANA
VALLEY BK GLASGOW	GLASGOW, MONTANA
WESTERN SCTY BK	BILLINGS, MONTANA
YELLOWSTONE BK	LAUREL, MONTANA

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending February 18, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

District: 9
Federal Reserve Bank of: Minneapolis