Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 9: Federal Reserve Bank of Minneapolis PDF
Filings received during the week ending March 21, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CHANDLER BANCSHARES, INC. | Change in Bank Control | Vicki Clark, Lake Placid, Florida; Ann Carda, Saint Louis Park, Minnesota; and Thomas Clark, Sioux Center, Iowa, each to join the Clark Family Control Group, a group acting in concert, by retaining voting shares of Chandler Bancshares, Inc., Chandler, Minnesota, through joint ownership of the shares with Lonnie Clark, Chandler, Minnesota, and thereby indirectly retain voting shares of State Bank of Chandler, Chandler, Minnesota. Lonnie Clark is a member of the Clark Family Control Group and was previously permitted by the Federal Reserve System to acquire voting shares of Chandler Bancshares, Inc., in his individual capacity. | Not available | 04/06/2026 |
| NEW YORK MILLS BANCSHARES, INC. | Change in Bank Control | Gwen Denninger, Maple Grove, Minnesota; Karla Buerkle, Plymouth, Minnesota; Sara Vosper, Delano, Minnesota; Julie Radniecki, New York Mills, Minnesota; and Betsy Roder, New York Mills, Minnesota, to join the Buerkle Family Shareholder Group, a group acting in concert, and to retain shares of New York Mills Bancshares, Inc., and thereby retain shares of Farmers & Merchants State Bank of New York Mills, Inc, both of New York Mills, Minnesota. | Not available | Not available |
| SECURITY FINANCIAL SERVICES CORPORATION | Change in Bank Control | The Maya J. Smith Irrevocable Trust dated 12/14/2022 and the Zoie M. Smith Irrevocable Trust dated 12/14/2022 (together, the "Trusts"), to join the Bauer Family Shareholder Group, a group acting in concert, to retain voting shares of Security Financial Services Corporation, and thereby indirectly retain voting shares of Security Financial Bank, both of Durand, Wisconsin. Tad M. Bauer, the trustee of the Trusts, was previously approved by the Federal Reserve System to join the Bauer Family Shareholder Group in his individual capacity. | 04/02/2026 | Not available |
* 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 / Location | RSSD ID | Exam Date | CRA Public Date | CRA Rating | Exam Method |
|---|---|---|---|---|---|
| FIRST MT BK, MISSOULA, MONTANA | 613156 | 06/23/2024 | 09/11/2023 | S | Int Small Bank |
| OPPORTUNITY BK OF MT, HELENA, MONTANA | 685676 | 04/29/2024 | 10/24/2022 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||