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 April 4, 2026
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| FIRST HOLDING COMPANY OF CAVALIER, INC. | Change in Bank Control | Gregory P. Mayo, Fargo, North Dakota, to retain voting shares of First Holding Company of Cavalier, Inc. ("Company") and thereby indirectly retain voting shares of United Valley Bank ("Bank"), both of Cavalier, North Dakota. Additionally, the Barbara J. Mayo 2020 GST Trust, and Barbara J. Mayo, as trustee, both of Fargo, North Dakota, to join the Mayo Family Shareholder Group, to acquire shares of Company, and thereby indirectly acquire shares of Bank. | Not available | Not available |
| 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 | 04/09/2026 |
* 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 |
|---|---|---|---|---|---|
| FARMERS ST BK, VICTOR, MONTANA | 475354 | 07/28/2025 | 01/27/2025 | S | Int Small Bank |
| NORTH AMER BKG CO, ROSEVILLE, MINNESOTA | 2631846 | 10/13/2025 | 06/09/2025 | S | Int Small Bank |
| PIONEER BK, MAPLETON, MINNESOTA | 920854 | 06/13/2025 | 01/13/2025 | O | Int Small Bank |
| SECURITY FNCL BK, DURAND, WISCONSIN | 450959 | 11/10/2025 | 05/05/2025 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||