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 19, 2014

Filer Filing Type Filing Proposal End of Comment Period
KLEIN FINANCIAL, INC. * 3A3 Klein Financial, Inc., Chaska, Minnesota, to acquire 100 percent of Prior Lake State Bank, Prior Lake, Minnesota.
Newspaper: Not available
Federal Register: 05/16/2014
MCINTOSH COUNTY BANK HOLDING COMPANY, INC. CIC Post notice by Robert F. Wishek, Ashley, North Dakota, as co-trustee of the McIntosh County Bank Holding Company, Inc., 2012 Voting Trust Agreement, Ashley, North Dakota, to retain 25% or more of the shares of McIntosh County Bank Holding Company, Inc., Ashley, North Dakota, and thereby retain control of McIntosh County Bank, Ashley, North Dakota, and North Star Holding Company, Inc., Jamestown, North Dakota, which controls Unison Bank, Jamestown, North Dakota.
Newspaper: Not available
Federal Register: Not available
MINNEHAHA BANSHARES, INC. CIC Post notice by Stephanie L. Gongopoulos, Sioux Falls, South Dakota, to retain 10 percent or more of the voting shares of Minnehaha Banshares, Inc., Sioux Falls, South Dakota, and thereby indirectly retain control of First National Bank in Sioux Falls, Sioux Falls, South Dakota.
Newspaper: Not available
Federal Register: 05/06/2014
PEOPLES BANKSHARES, INC. * 3A5 Peoples Bankshares, Inc., Mora, Minnesota, to acquire and merge with Douglas County Bancshares, Inc., Alexandria, Minnesota, and thereby indirectly acquire Neighborhood National Bank, Alexandria, Minnesota.
Newspaper: Not available
Federal Register: 05/08/2014
STOCKMAN FINANCIAL CORPORATION * 3A3 Stockman Financial Corporation, Miles City, Montana, to acquire 100 percent of Big Sky Holding Company, Stanford, Montana, and thereby indirectly acquire Basin State Bank, Stanford, Montana.
Newspaper: Not available
Federal Register: 05/01/2014


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