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 December 6, 2008

Filer Filing Type Filing Proposal End of Comment Period
182 BANCSHARES, INC. * 3A1 182 Bancshares, Inc., Mankato, Minnesota, to become a bank holding company by acquiring 100 percent of Bank 182, Mankato, Minnesota, a de novo bank.
Newspaper: Not available
Federal Register: 12/18/2008
LINCOLN HOLDING COMPANY 3A1 Lincoln Holding Company, Lincoln, Montana, to become a bank holding company by acquiring 100% of the stock of the First Bank of Lincoln, Lincoln, Montana.
Newspaper: Not applicable
Federal Register: Not applicable
SANDQUIST CORP. CIC Kirk Sandquist, Deer Lodge, Montana, individually, and acting in concert with Amy Uribe IRA, Deer Lodge, Montana, and Robert Uribe IRA, Deer Lodge, Montana, to acquire control of Sandquist Corp., Deer Lodge, Montana, and thereby acquire control of Peoples Bank of Deer Lodge, Deer Lodge, Montana.
Newspaper: 12/16/2008
Federal Register: 12/24/2008


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
DACOTAH BK, ABERDEEN, SOUTH DAKOTA 256553 07/07/2008 11/21/2008 O Large Bank


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