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 August 26, 2006

Filer Filing Type Filing Proposal End of Comment Period
BALDWIN BANCSHARES, INC. * 3A3 Baldwin Bancshares, Inc., Baldwin, Wisconsin, to acquire 100 percent of Gavic Services, Inc., Spring Valley, Wisconsin, and thereby indirectly acquire The Bank of Spring Valley, Spring Valley, Wisconsin.
Newspaper: Not available
Federal Register: 09/25/2006
BLACKRIDGE FINANCIAL, INC. * 3A3 BlackRidge Financial, Inc., Fargo, North Dakota, to acquire 100 percent of Carlos Bancshares, Inc., Alexandria, Minnesota and thereby indirectly acquire First State Bank of Alexandria, Alexandria, Minnesota.
Newspaper: Not available
Federal Register: 09/25/2006


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
NONE


CRA Examinations scheduled for Forth Quarter of 2006 (October 1, 2006 - December 31, 2006)

Institution Location
1ST BK SIDNEY, MONTANA
CITIZENS ST BK OF ARLINGTON ARLINGTON, SOUTH DAKOTA
COMMUNITY BK CORP CHASKA, MINNESOTA
FARMERS ST BK OF DENTON DENTON, MONTANA
GRAND RAPIDS ST BK GRAND RAPIDS, MINNESOTA
PEOPLES ST BK OF PLAINVIEW PLAINVIEW, MINNESOTA
ROOT RIVER ST BK CHATFIELD, MINNESOTA
SECURITY BK MN ALBERT LEA, MINNESOTA
STATE BK FNCL LA CROSSE, WISCONSIN
STATE BK OF ALCESTER ALCESTER, SOUTH DAKOTA
STOCKMENS BK CASCADE, MONTANA
SUPERIOR BK SUPERIOR, WISCONSIN

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