District 9: Federal Reserve Bank of Minneapolis PDF

Filings received during the week ending November 5, 2022

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
RIVER FALLS BANCSHARES, INC.Change in Bank ControlEunice M. Moody Trust, Robert H. Moody and Michael Moody as co-trustees, and individually; Kathleen Moody; Elizabeth Moody; and Patricia Moody; to become the Moody Family Shareholder Group, a group acting in concert, to retain voting shares of River Falls Bancshares, Inc., and thereby indirectly retain voting shares of River Falls State Bank, all of River Falls, WI.Not availableNot available
RIVER FALLS BANCSHARES, INC.Change in Bank ControlDaniel Davison, Star Prairie, WI; Lauren Howard, Duluth, MN; Patrick Davison, Boise, ID; Jacquelyn Sahnow, River Falls, WI; and Steven Davison and Rhonda Davison, both of Alamo, Texas; to become the Davison Family Shareholder Group, a group acting in concert, to retain voting shares of River Falls Bancshares, Inc., and thereby indirectly retain voting shares of River Falls State Bank, both of River Falls, WI.Not available11/30/2022

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
CHARTER BK, EAU CLAIRE, WISCONSIN16065009/12/202204/11/2022SInt Small Bank
FIRST WESTERN B&TC, MINOT, NORTH DAKOTA68795107/29/202203/14/2022SInt Small Bank
NORTH AMER BKG CO, ROSEVILLE, MINNESOTA263184611/15/202106/07/2021SInt Small Bank
CRA Examinations scheduled for    Quarter of
InstitutionLocationQuarter
NONE
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Last Update: November 10, 2022