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 May 26, 2018

Filer Filing Type Filing Proposal End of Comment Period
BANK FORWARD EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota, to acquire up to 33% of Security State Bank Holding Company, Fargo, North Dakota, and thereby indirectly increase control of Bank Forward, Hannaford, North Dakota.
Newspaper: Not available
Federal Register: Not available
DAKOTA COMMUNITY BANSHARES, INC. CIC The JTP Irrevocable Trust, the CLP Irrevocable Trust, the JDP Irrevocable Trust, and the SRM Irrevocable Trust, all of Baldwin, North Dakota, (Trustee, Jay T. Pahlke, Baldwin, North Dakota); for retroactive approval to join the Pahlke family shareholder group that controls 25% or more of Dakota Community Banshares, Inc., Hebron, North Dakota ("DCBI BHC") and thereby indirectly controls Dakota Community Bank & Trust, NA, Hebron, North Dakota ("DCBT Bank"); and the Amber D. Staiger Irrevocable Trust, Hebron, North Dakota and the Ward L. Sayler Irrevocable Trust, Mandan, North Dakota, (Trustee, Amber D. Staiger, Hebron, North Dakota); Dale Sayler, Hebron, North Dakota; Justin D. Sayler, Dickinson, North Dakota; and KerryAnn Thompson, Bismarck, North Dakota; for retroactive approval to join the Sayler family shareholder that controls 25% or more of DCBI BHC and thereby indirectly controls DCBT Bank.
Newspaper: Not available
Federal Register: Not available
FIRST BANK OF BALDWIN, THE * Branch The First Bank of Baldwin, Baldwin, Wisconsin, to establish a branch facility at 100 Mill Street, Balsam Lake, Wisconsin.
Newspaper: Not available
Federal Register: Not applicable
SECURITY FINANCIAL SERVICES CORPORATION * 3A5
* 18C
* Branch
Security Financial Services Corporation, Durand, Wisconsin, to acquire 100% of Pioneer Acquisition Corporation, Ladysmith, Wisconsin. In addition, Security Financial Bank, Durand, Wisconsin, to merge with Pioneer Bank of Wisconsin, Ladysmith, Wisconsin and incident thereto, establish branches.
Newspaper: Not available
Federal Register: 05/24/2018


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 Third Quarter of 2018 (July 1, 2018 - September 30, 2018) and Fourth Quarter of 2018 (October 1, 2018 - December 31, 2018)

Institution Location Quarter
CHARTER BK EAU CLAIRE, WISCONSINThird Quarter of 2018
FIRST SECURITY BK OF MALTA MALTA, MONTANAThird Quarter of 2018
GRANITE MNT BK PHILIPSBURG, MONTANAThird Quarter of 2018
WESTERN BK OF WOLF POINT WOLF POINT, MONTANAThird Quarter of 2018
FIRST CITIZENS BK OF BUTTE BUTTE, MONTANAFourth Quarter of 2018
NORTH SHORE BK OF COMMERCE DULUTH, MINNESOTAFourth Quarter of 2018
VALLEY BK GLASGOW GLASGOW, MONTANAFourth Quarter of 2018
YELLOWSTONE BK LAUREL, MONTANAFourth Quarter of 2018

* Subject to the provisions of the Community Reinvestment Act

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