District 9 | Federal Reserve Bank of Minneapolis
Instructions for commenting on applications
Filings received during the week ending February 5, 2022
| Filer | Filing Type | Filing Proposal | End of comment period |
|---|---|---|---|
| ANTLER LAND COMPANY | CIC | Ascent BanCorp, Helena, Montana; Minott Pruyn, Missoula, Montana; Alan W. Bradley, Christine A. N. Bradley, individually and as custodian for the benefit of certain minor children, all of Hamilton, Montana; Kelcy Edwards, individually and as custodian for the benefit of certain minor children, all of Hamilton, Montana; Patrick Haffner, Frenchtown, Montana; Daniel Schneiter, Missoula, Montana; Haley Bradley, individually and as custodian for the benefit of a certain minor child, Missoula, Montana; Charles Shonkwiler, Hamilton, Montana; and Daniel Wilcox, Corvallis, Montana, a group acting in concert with Bitterroot Holding Company, Lolo, Montana, to acquire voting shares of Antler Land Company and thereby indirectly acquire voting shares of Little Horn State Bank, both of Hardin, Montana. | Newspaper: 01/29/2022 Federal Register: 02/22/2022 |
| DORSET BANCSHARES, INC. | CIC | Scott D. Hewitt, to acquire voting shares of Dorset Bancshares, Inc., and thereby indirectly acquire voting shares of Northwoods Bank of Minnesota, all of Park Rapids, Minnesota. | Newspaper: 02/11/2022 Federal Register: 02/08/2022 |
| NORTHERN WISCONSIN BANK HOLDING COMPANY, INC. | CIC | The Revised and Restated Connor Family Voting Trust (Trust) and Richard M. Connor, Jr., Brian Luc Connor, and Susan J. Connor, each as trustee, all of Laona, Wisconsin, to acquire voting shares of Northern Wisconsin Bank Holding Company, Inc., Laona, Wisconsin, and thereby indirectly acquire Laona State Bank, Laona, Wisconsin. Additionally, the Trust and Richard M. Connor, Jr., Brian Luc Connor, and Susan J. Connor, as trustees, to join the Connor family shareholder group acting in concert. | Newspaper: 02/07/2022 Federal Register: 02/11/2022 |
| SECURITY BANK SHARES, INC. | CIC | The Willard and Geraldine Ogren Revocable Trust (WGO Trust), Iron River, Wisconsin; Greg Ogren, individually and as trustee of the WGO Trust and the Greg Ogren Separate Descendant's Trust, both of Iron River, Wisconsin; Scott Ogren, individually and as trustee of the Scott Ogren Separate Descendant's Trust, both of Iron River, Wisconsin; Mark Ogren, Minnetrista, Minnesota, individually and as trustee of the Mark Ogren Separate Descendant's Trust, Iron River, Wisconsin; and Lori Ogren, Iron River, Wisconsin, as a group acting in concert, to retain voting shares of Security Bank Shares, Inc., Iron River, Wisconsin, and thereby indirectly retain voting shares of Security State Bank, Iron River, Wisconsin, and Security Bank, New Auburn, Wisconsin. | 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