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 October 5, 2013

Filer Filing Type Filing Proposal End of Comment Period
DAIRY STATE BANCORP, INC. * 3A3 Dairy State Bancorp, Inc., Rice Lake, Wisconsin, to acquire 100 percent of Bank of Turtle Lake, Turtle Lake, Wisconsin.
Newspaper: Not available
Federal Register: 11/01/2013
FORSTROM BANCORPORATION, INC. * 3A3 Forstrom Bancorporation, Inc., Clara City, Minnesota, to acquire 100% of First Bank of Lincoln, Lincoln, Montana.
Newspaper: 10/12/2013
Federal Register: 10/16/2013
JAMES M. AND DEVON J. GOETZ FAMILY TRUST FOUR * 3A1 James M. and Devon J. Goetz Family Trust Four, to acquire 39.53% of Oliver Bancorporation, Inc., Center, North Dakota, and thereby indirectly acquire Security First Bank of North Dakota, New Salem, North Dakota.
Newspaper: 10/21/2013
Federal Register: 10/21/2013
WARROAD BANCSHARES, INC. CIC Change in Control Notice by Roderick J. Heneman Warroad, Minnesota, to retain 25% or more of the shares of Warroad Bancshares, Inc., Warroad, Minnesota and thereby indirectly retain control of Security State Bank of Warroad, Warroad, Minnesota.
Newspaper: Not available
Federal Register: 10/17/2013


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
FIRST ST BK OF WARNER, WARNER, SOUTH DAKOTA 132152 06/03/2013 09/18/2013 S Small 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