- About Banking Supervision
For Banks
- Bankers' Education and Training
- Regulations and Guidance
- Application Information
- Application Bulletins
- Appeals Procedures
- Market Definitions
- Federal Reserve Membership
- Discount Window
- Payments System Risk
- Reserve Administration
- Statistical and Structure Reports
- Agencies and Regulators
- Business Continuity
For Consumers
- Banking and Financial Studies
- Banking Conditions
Applications Bulletin
District 9
Federal Reserve Bank of Minneapolis
Instructions for commenting on applications
Applications and notifications filed during the week ending Saturday, February 17, 2007
| Type | Application | Ending date of comment period |
|---|---|---|
| * 3A1 |
Citizens Bancorp, Inc., Cadott, Wisconsin, to become a bank holding company by acquiring 100 percent of Citizens State Bank, Cadott, Wisconsin. |
Newspaper – Not available Fed Reg – 03/16/2007 |
| 4c8 * 3A1 |
Montana Business Capital Corporation (to be known as Bancorp of Montana Holding Company), Missoula, Montana, to become a bank holding company by acquiring 100 percent of Bank of Montana, Missoula, Montana, a de novo bank. Applicant also requests permission to engage in commercial and residential loan origination activities pursuant to section 225.28(b)(1) of Regulation Y. | Newspaper – 03/10/2007 Fed Reg – 03/19/2007 |
| CIC | Notice by Robert Donavon Weerts and Jennifer Lavon Weerts, both of Winnebago, Minnesota, to gain control of Northern Star Financial, Inc., Mankato, Minnesota, and thereby indirectly gain control of Northern Star Bank, Mankato, Minnesota. |
Newspaper – Not available Fed Reg – 02/05/2007 |
| * 18C * Branch |
State Bank Financial, La Crosse, Wisconsin, proposes to purchase the assets and assume the liabilities of the Sparta, Wisconsin, branch of Acuity Bank, Tomah, Wisconsin, and incident thereto establish a branch at 203 West Wisconsin, Sparta, Wisconsin. | Newspaper – Not available Fed Reg – Not applicable |
| * 3A1 | Trinity Investments, Inc., Glen Ullin, North Dakota, to become a bank holding company by acquiring 100 percent of Bank of Glen Ullin, Glen Ullin, North Dakota. | Newspaper – Not available Fed Reg – 03/05/2007 |
*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.
| RSSD number | Institution/Location | Exam date | CRA public date | CRA rating | Exam type |
|---|---|---|---|---|---|
| None |
CRA examinations scheduled for Quarter of
| Institution | Location |
|---|---|
| None |
Related Links
External Links
