District 9
Federal Reserve Bank of Minneapolis
Instructions for commenting on applications
Filings received during the week ending May 19, 2018
Filer | Filing Type | Filing Proposal | End of comment period |
---|---|---|---|
FIRST BANK OF BALDWIN, THE | * Branch | The First Bank of Baldwin, Baldwin, Wisconsin, to establish a branch facility at 100 Mill Street, Balsam Lake, Wisconsin. | Newspaper: Not available Federal Register: Not applicable |
SECURITY FINANCIAL SERVICES CORPORATION | * 3A5 * 18C * Branch |
Security Financial Services Corporation, Durand, Wisconsin, to acquire 100% of Pioneer Acquisition Corporation, Ladysmith, Wisconsin. In addition, Security Financial Bank, Durand, Wisconsin, to merge with Pioneer Bank of Wisconsin, Ladysmith, Wisconsin and incident thereto, establish branches. | Newspaper: Not available Federal Register: 05/24/2018 |
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 |
---|---|---|---|---|---|
NONE |
CRA Examinations scheduled for Quarter of
Institution | Location | Quarter |
---|---|---|
NONE |
* Subject to the provisions of the Community Reinvestment Act