- 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, May 5, 2007
| Type | Application | Ending date of comment period |
|---|---|---|
| * 18C |
1st Bank, Sidney, Montana, to purchase certain assets and assume certain liabilities of the Broadus, Montana, branch of Rocky Mountain Bank, Billings, Montana, and incident thereto proposes to establish a branch at 201 North Wilber, Broadus, Montana. |
Newspaper – Not available Fed Reg – Not applicable |
| CIC | Notice by Archie Pecha, and Ardella Pecha, both of Arcadia, Florida, to gain control of Bloomer Bancshares, Inc., Bloomer, Wisconsin, and thereby indirectly gain control of Peoples State Bank of Bloomer, Bloomer, Wisconsin. | Newspaper – Not available Fed Reg – 05/17/2007 |
| * 3A1 |
First American Investment, Inc., Lake Elmo, Minnesota, to become a bank holding company by acquiring 100 percent of First American Bank, National Association, Hudson, Wisconsin, a de novo bank. |
Newspaper – 05/21/2007 Fed Reg – 05/17/2007 |
| Member * 18C * Branch |
First National Bank of Lewistown, Lewistown, Montana, to be known as First Bank of Montana, Lewistown, Montana, proposes to become a member of the Federal Reserve System. In addition, First Bank of Montana, Lewistown, Montana, to merge with Western Bank of Chinook, N.A., Chinook, Montana, and incident thereto proposes to establish a branch at 327 Indiana Street, Chinook, Montana. | Newspaper – Not available Fed Reg – Not applicable |
| * 3A1 | Reliance Bancorporation, Inc., Faribault, Minnesota, to become a bank holding company by acquiring 100 percent of Reliance Bank, Faribault, a de novo bank. | Newspaper – 05/28/2007 Fed Reg – 05/24/2007 |
| * Branch | The Yellowstone Bank, Laurel, Montana, to establish a branch facility to be located at 1283 North 14th Avenue, Suite 201, Bozeman, Montana. | Newspaper – 05/10/2007 Fed Reg – Not applicable |
*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
