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

District: 9
Federal Reserve Bank of: Minneapolis

Filings received during the week ending December 13, 2014

Filer

Filing Type

Filing Proposal

End of Comment Period

BORDER BANCSHARES, INC.

* 3A3

Border Bancshares Inc., Greenbush, Minnesota, to acquire 100 percent of First Advantage Bank, Coon Rapids, Minnesota.

Newspaper:	12/28/2014
Federal Register:	01/12/2015

CENTRA VENTURES, INC.

* 3A3

Centra Ventures, Inc., Foley, Minnesota, to acquire 100 percent of Community Pride Bank Corporation, Ham Lake, Minnesota, and thereby indirectly acquire Community Pride Bank, Isanti, Minnesota.

Newspaper:	01/10/2015
Federal Register:	01/05/2015

DEERWOOD BANCSHARES, INC.

* 3A1
* 3A3

Deerwood Bancshares, Inc., Deerwood, Minnesota, through its subsidiary bank, Deerwood Bank, Deerwood, Minnesota, to acquire 100% of American Bank of Saint Paul, Saint Paul, Minnesota.

Newspaper:	Not available
Federal Register:	12/08/2014

FIRST NATIONAL BANK IN WADENA EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, THE

* 3A3

First National Bank in Wadena Employee Stock Ownership Plan and Trust, Wadena, Minnesota, to retain 30.95% of the shares of FNB Acquisition Holding Corporation, Wadena, Minnesota, and thereby retain indirect ownership in The First National Bank in Wadena, Wadena, Minnesota. FNB Acquisition Holding Corporation owns 100% of First National Agency of Wadena, Inc., Wadena, Minnesota, which, in turn, owns 100% of The First National Bank in Wadena.

Newspaper:	01/03/2015
Federal Register:	12/23/2014

HF FINANCIAL CORP.

* 3A1

HF Financial Corp., Sioux Falls, South Dakota, to become a bank holding company by converting its wholly-owned subsidiary Home Federal Bank, Sioux Falls, South Dakota, from a federal savings bank to a South Dakota state-chartered bank.

Newspaper:	12/28/2014
Federal Register:	12/26/2014

PARK FINANCIAL GROUP, INC.

* 3A1

Park Financial Group, Inc., Minneapolis, Minnesota, to become a bank holding company by acquiring 100 percent of Park State Bank, Duluth, 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
VALLEY BK GLASGOW, GLASGOW, MONTANA	1401891	09/08/2014	12/05/2014	S	Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending December 13, 2014

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis