Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 9
Federal Reserve Bank of: Minneapolis

Filings received during the week ending October 29, 2005

Filer Filing Type Filing Proposal End of Comment Period
CITIZENS DEVELOPMENT COMPANY * 3A5 Citizens Development Company, Billings, Montana to merge with United Bancorporation, Billings, Montana and thereby indirectly acquire Lincoln County Bank, Merrill, Wisconsin; United Bank, Osseo, Wisconsin; Bank of Poynette, Poynette, Wisconsin and Cambridge State Bank, Cambridge, Wisconsin.
Newspaper: 11/05/2005
Federal Register: 11/10/2005
CITIZENS DEVELOPMENT COMPANY * 3A5 Citizens Development Company, Billings, Montana to merge with Midwest Bancorporation, Billings, Montana and thereby indirectly acquire Clarke County State Bank, Osceola, Iowa, Farmers and Merchants State Bank, Iroquois, South Dakota and Farmers State Bank, Stickney, South Dakota.
Newspaper: 11/23/2005
Federal Register: 11/10/2005
FIRST PREMIER BANK * Branch First PREMIER Bank, Sioux Falls, South Dakota, to establish a new branch facility at 6010 S. Minnesota Avenue, Sioux Falls, South Dakota.
Newspaper: 11/10/2005
Federal Register: Not applicable
NORTHERN FINANCIAL CORPORATION CIC Change in control notice by Marilyn J. Ivers, Great Falls, Montana, as co-trustee, to aquire control of Northern Financial Corporation, Independence, Wisconsin, and thereby indirectly aquire control of Independence State Bank, Independence, Wisconsin.
Newspaper: 11/10/2005
Federal Register: 11/07/2005
WALKER BAN CO. CIC Notice by the John C. Elsenpeter 2004 Term Trust and the John C. Elsenpeter 2005 Term Trust ("JCE Trusts"); John C. Elsenpeter, individually and as trustee of the JCE Trusts; The Vicki J. Elsenpeter 2004 Term Trust and The Vicki J. Elsenpeter 2005 Term Trust ("VJE Trusts"); and Vicki J. Elsenpeter, individually and as trustee of the VJE Trusts, Walker, Minnesota, to acquire 25 percent or more of the shares of Walker Ban Co., Walker, Minnesota, and thereby indirectly gain control of First National Bank of Walker, Walker, Minnesota and Lakes State Bank, Pequot Lakes, 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 for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco