District 9 | Federal Reserve Bank of Minneapolis
Instructions for commenting on applications
Filings received during the week ending October 17, 2020
Filer | Filing Type | Filing Proposal | End of comment period |
---|---|---|---|
AMERIPRISE FINANCIAL, INC. | SLHC Activity |
Ameriprise Financial, Inc., Minneapolis, Minnesota, to engage indirectly, through its subsidiaries Threadneedle Asset Management Holdings and Lionstone Partners, LLC, in certain prescribed services and activities permissible under 12 U.S.C. Section 1467a(c)(2)(f)(ii) and Section 238.53 of Regulation LL. | Newspaper: Not applicable Federal Register: Not available |
CHARTER BANK | * 18C * Branch |
Charter Bank, Eau Claire, Wisconsin, to purchase certain assets and assume certain liabilities of the Chetek branch of Bank First National Association, Manitowoc, Wisconsin and incident thereto proposes to establish a branch at 621 2nd Street, Chetek, Wisconsin. | Newspaper: Not available Federal Register: Not applicable |
PB BANCSHARES, INC. | *3A1 | PB Bancshares, Inc., Maplewood, Minnesota, to become a bank holding company by acquiring 100 percent of Premier Bank, Maplewood, Minnesota. | Newspaper: Not available Federal Register: 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.
Institution/Location | RSSD ID | Exam date | CRA public date | CRA rating | Exam method |
---|---|---|---|---|---|
NONE |
CRA Examinations scheduled
Institution | Location | Quarter |
---|---|---|
NONE |
* Subject to the provisions of the Community Reinvestment Act