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 April 21, 2012

Filer Filing Type Filing Proposal End of Comment Period
BNCCORP, INC. CIC Change in Control Notice by MVC Private Equity Fund, L.P., Purchase, New York, to gain control of BNCCORP, Inc., Bismarck, North Dakota, and thereby indirectly gain control of BNC National Bank, Glendale, Arizona.
Newspaper: Not available
Federal Register: Not available
COMMUNITY BANK, INC. * 18C
* Branch
Community Bank, Inc., Ronan, Montana, to merge with Community Bank-Missoula, Inc., Missoula, Montana, and incident thereto, establish three branches in Missoula.
Newspaper: Not available
Federal Register: Not applicable
FNB BANCSHARES INC. CIC Retroactive change in control notice by William Victor Eckles, Blue Earth, Minnesota, to retain control of FNB Bancshares, Inc. and thereby indirectly retain control of First Bank Blue Earth, both of Blue Earth, Minnesota.
Newspaper: Not available
Federal Register: Not available
LEACKCO BANK HOLDING COMPANY, INC. * 18C
* 3A3
Leackco Banking Holding Company, Inc., Wolsey, South Dakota, to acquire 100% of ASB Bank Holding Company, Pierre, South Dakota, and thereby indirectly acquire American State Bank of Pierre, Pierre, South Dakota. In addition, American State Bank of Pierre to merge with ASB Interim Bank, Wessington Springs, South Dakota, and to remain the resultant bank.
Newspaper: Not available
Federal Register: 04/30/2012
MACKINAC FINANCIAL CORPORATION CIC Change in Control Notice by Steinhardt Capital Investors, LLLP, along with its general partner Steinhardt Capital Management, LLC, both of New York, New York, and David R. Steinhardt and Michael H. Steinhardt, both of New York, New York, to gain control of Mackinac Financial Corporation, Manistique, Michigan, and thereby indirectly gain control of mBank, Manistique, Michigan.
Newspaper: 05/02/2012
Federal Register: 05/09/2012


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     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