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 August 19, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

BORDER BANCSHARES, INC.

* 3A3

Border Bancshares, Inc., Greenbush, Minnesota, to acquire 100 percent of First State Bank of Clearbrook, Clearbrook, Minnesota.

Newspaper:	Not available
Federal Register:	09/13/2017

DRAYTON BANCOR, INC.

4c8
* 3A5

Drayton Bancor, Inc., Drayton, North Dakota to acquire via merger, 100 percent of Pembina County Bankshares Ltd, Cavalier, North Dakota, and thereby indirectly acquire Citizens State Bank Midwest, Cavalier, North Dakota. Drayton Bancor, Inc., to merge with Pembina County Bankshares, Ltd. and thereby indirectly acquire Citizens Insurance Agency, Inc., Cavalier, North Dakota, and Walhalla Insurance Agency, LLC, Walhalla, North Dakota, and thereby indirectly engage in general insurance activities in a community that has a population not exceeding 5,000.

Newspaper:	09/06/2017
Federal Register:	09/06/2017

FLATHEAD LAKE BANCORPORATION, INC.

CIC

Change in control notice by Brian Solsrud, North Oaks, Minnesota, to acquire shares of Flathead Lake Bancorporation, Inc., Polson, Montana, and thereby indirectly control First Citizens Bank Polson NA, Polson, Montana.

Newspaper:	Not available
Federal Register:	09/05/2017

STERLING FINANCIAL GROUP, INC.

CIC

Retroactive notice by Boyd Brent Myers, of Tazewell, Tennessee, as trustee of six McNeilus family trusts, all of Rochester, Minnesota, to retain control of voting shares of Sterling Financial Group, Inc., Rochester, Minnesota, and thereby indirectly retain control of Sterling State Bank, Austin, Minnesota.

Newspaper:	Not available
Federal Register:	08/17/2017

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending August 19, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis