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 July 15, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

CHARTER BANK

Member

Charter Bank, Eau Claire, Wisconsin, seeks to become a member of the Federal Reserve System.

Newspaper:	Not applicable
Federal Register:	Not applicable

CORNERSTONE HOLDING COMPANY, INC.

CIC

Change in Control Notice by Nancy J. Petersen, Bismarck, North Dakota, to individually retain control of 10% or more of the voting shares of Cornerstone Holding Company, Inc., Fargo, North Dakota, and thereby indirectly retain control of Cornerstone Bank, Fargo, North Dakota.

Newspaper:	07/23/2017
Federal Register:	07/26/2017

MACKINAC NATIONAL BANCORP, INC.

* 3A1

Mackinac National Bancorp, Inc., Saint Ignace, Michigan, to become a bank holding company by acquiring 100 percent of First National Bank of Saint Ignace, Saint Ignace, Michigan.

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
LIBERTY BK MN, SAINT CLOUD, MINNESOTA	1387203	03/20/2017	07/05/2017	O	Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending July 15, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis