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Mergers and Acquisitions Bulletin

District 9 | Federal Reserve Bank of Minneapolis

Instructions for commenting on applications

Filings received during the week ending January 30, 2021

Filer Filing Type Filing Proposal End of comment period
MCINTOSH COUNTY BANK HOLDING COMPANY, INC. 4c8 McIntosh County Bank Holding Company, Inc., Ashley, North Dakota, through its subsidiary bank holding company, North Star Holding Company, Inc., and its subsidiary bank, Unison Bank, both of Jamestown, North Dakota, to indirectly retain voting shares of AccuData Services, Inc., Park River, North Dakota, and thereby engage in certain data processing activities pursuant to Section 225.28(b)(14)(i) of Regulation Y. Newspaper: Not applicable
Federal Register: 02/25/2021

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