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Applications and reports:
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| Filer | Filing Type | Filing Proposal | End of Comment Period | ||||
|---|---|---|---|---|---|---|---|
| CITIZENS BANCSHARES, INC. | CIC | Christopher J. Yatooma, Bloomfield Hills, Michigan; to acquire shares of Citizens Bancshares, Inc., Ontonagon, Michigan ("Citizens"), and thereby indirectly acquire The Citizens State Bank of Ontonagon, Ontonagon, Michigan, a wholly-owned subsidiary of Citizens. |
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| METRO NORTH BANCSHARES, INC. | CIC | Change in Control Notice by John E. Babcock, Anoka, Minnesota, to retain 10 percent or more of the shares of Metro North Bancshares, Inc. (Company), and thereby control of The Bank of Elk River (Bank), both of Elk River, Minnesota. Additionally, Anne Babcock Hollowed, trustee of the Anne Babcock Hollowed Trust ("ABH Trust"), both of Mercer Island, Washington, and Catherine Babcock, trustee of the Beyer/Babcock Family Trust U/A DTD 4/6/00 ("BB Trust"), both of Altadena, California, for permission for ABH Trust and BB Trust to retain shares of Company, and thereby join the Babcock family shareholder group acting in concert, which controls 25 percent or more of the shares of Company and thereby controls Bank. |
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| STEARNS FINANCIAL SERVICES, INC. | CIC | A Change in Control Notice by the following persons (collectively, the "Skalicky Family Group"): Kelly A. Skalicky, New York, New York, individually and as co-trustee and/or trustee of the following trusts: the Norman C. Skalicky 2019 Revocable Trust, St. Cloud, Minnesota; the Kelly A. Skalicky 2019 GRAT, New York, New York; and the 2019 Skalicky Family Gift Trust FBO Trenton Dean Skalicky, New York, New York; and Norman C. Skalicky, as co-trustee of the Norman C. Skalicky 2019 Revocable Trust, both of St. Cloud, Minnesota; to retain 25 percent or more of the shares and thereby control of Stearns Financial Services, Inc., ("SFSI BHC"), St. Cloud, Minnesota, and thereby indirectly control Stearns Bank NA, St Cloud, Minnesota; Stearns Bank Holdingford NA, Holdingford, Minnesota; and Stearns Bank NA, Upsala, Minnesota. In addition, Cheryl R. Ryan, individually and as trustee of the Cheryl R. Ryan 2019 GRAT, both of Elk River, Minnesota; Jeffery Dean Skalicky, individually and as trustee of the Jeffery D. Skalicky 2019 GRAT, both of Rosholt, South Dakota; Jan M. Hanson, Duvall, Washington; Johanna A. Ryan, Brooklyn, New York; and Barrett C. Skalicky Doss, as trustee of the 2012 Gift Trust FBO Barrett Chelsea Skalicky Doss, both of Brooklyn, New York; are participating in the change in control notice to retain voting shares of SFSI BHC and for retroactive approval to join the Skalicky Family Group, which controls 25% or more of SFSI. |
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| Institution / Location |
RSSD ID |
Exam Date |
CRA Public Date |
CRA Rating |
Exam Method |
|---|---|---|---|---|---|
| NONE | |||||
| Institution | Location | Quarter | 1ST BK | BROADUS, MONTANA | First Quarter of 2020 | BELT VALLEY BK | BELT, MONTANA | First Quarter of 2020 | DACOTAH BK | ABERDEEN, SOUTH DAKOTA | First Quarter of 2020 | MERCHANTS ST BK | FREEMAN, SOUTH DAKOTA | First Quarter of 2020 |
|---|
* 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