- 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 23, 2009
| Type | Application | Ending date of comment period |
|---|---|---|
| CIC | Change in Control Notice by Robb B. Kahl, Monona, Wisconsin, as trustee of the Glenn A. Solsrud Revocable Trust concerning Augusta Financial Corporation, to gain control of Augusta Financial Corporation, Augusta, Wisconsin, and thereby gain control of Unity Bank, Augusta, Wisconsin. |
Newspaper - Not available |
| CIC | Change in Control Notice by Robb B. Kahl, Monona, Wisconsin, as trustee of the Glenn A. Solsrud Revocable Trust concerning Caprice Corporation, to gain control of Caprice Corporation, Augusta, Wisconsin, and thereby gain control of Unity Bank North, Red Lake Falls, Minnesota. |
Newspaper - Not available |
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 Third Quarter of 2009 (July 1, 2009 - September 30, 2009)
| Institution | Location |
|---|---|
| Bankfirst | Sioux Falls, South Dakota |
| Citizens B&TC | Big Timber, Montana |
| Farmers State Bank of West Concord | West Concord, Minnesota |
| First Security Bank Missoula | Missoula, Montana |
| First Western Bank | Wall, South Dakota |
| Pioneer B&TC | Belle Fourche, South Dakota |
| Pioneer Bank | Mapleton, Minnesota |
| Profinium Fncl | Truman, Minnesota |
| Ravalli County Bank | Hamilton, Montana |
| United Bkr Bank | Bloomington, Minnesota |
| Welcome State Bank | Welcome, Minnesota |
Related Links
External Links
