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 March 22, 2008

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANCSHARES, INC. CIC Change in Control notice by John M. Morrison Revocable Trust #4, dated January 18, 2000, John M. Morrison Trustee, Naples, Florida, to gain control of Central Bancshares Inc., Golden Valley, Minnesota and thereby indirectly gain control of Central Bank, Stillwater, Minnesota.
Newspaper: Not available
Federal Register: 04/07/2008
FRANDSEN FINANCIAL CORPORATION * 3A5 Frandsen Financial Corporation, Arden Hills, Minnesota, to merge with Anderson Financial Group, Inc., Wayzata, Minnesota and thereby indirectly acquire Northern National Bank, Nisswa, Minnesota.
Newspaper: Not available
Federal Register: 04/17/2008
FRANDSEN FINANCIAL CORPORATION * 3A5 Frandsen Financial Corporation, Arden Hills, Minnesota, to merge with Tower Bancshares, Inc., Cloquet, Minnesota, and thereby indirectly acquire State Bank of Tower, Tower, Minnesota.
Newspaper: Not available
Federal Register: 04/17/2008
GLACIER BANK * 18C
* Branch
Glacier Bank, Kalispell, Montana, to merge with Glacier Bank of Whitefish, Whitefish, Montana and incident thereto, proposes to establish branches at 319 East Second Street, Whitefish, Montana, 222 Dewey Avenue, Eureka, Montana, and 6195 Hwy 93 South, Whitefish, Montana.
Newspaper: 03/28/2008
Federal Register: Not applicable
HAZEN BANCORPORATION, INC. * 3A3 Hazen Bancorporation, Inc., Hazen, North Dakota, to acquire additional shares of the outstanding stock of North Star Holding Company, Inc., Jamestown, North Dakota, to increase its ownership to 19.20%, and thereby indirectly acquire Unison Bank, Jamestown, North Dakota and Unison Bank, Mesa, Arizona, a de novo bank.
Newspaper: Not available
Federal Register: Not available
HAZEN BANCORPORATION, INC. * 3A3 Hazen Bancorporation, Inc., Hazen, North Dakota, through its 19.20% ownership of North Star Holding Company, Inc., Jamestown, North Dakota, to acquire indirect control of Unison Bank, Mesa, Arizona, a de novo bank.
Newspaper: Not available
Federal Register: Not available
MCINTOSH COUNTY BANK HOLDING COMPANY, INC. * 3A3 McIntosh County Bank Holding Company, Inc., Ashley, North Dakota, to acquire additional shares of the outstanding stock of North Star Holding Company,Inc., Jamestown, North Dakota, to maintain its 33.33% ownership, and thereby indirectly acquire Unison Bank, Jamestown, North Dakota and Unison Bank, Mesa, Arizona, a de novo bank.
Newspaper: Not available
Federal Register: Not available
MCINTOSH COUNTY BANK HOLDING COMPANY, INC. * 3A3 McIntosh County Bank Holding Company, Inc., Ashley, North Dakota, through its 33.33% ownership of North Star Holding Company, Inc., Jamestown, North Dakota, to acquire indirect control of Unison Bank, Mesa, Arizona, a de novo bank.
Newspaper: Not available
Federal Register: Not available
NORTH STAR HOLDING COMPANY, INC. * 3A3 North Star Holding Company, Inc., Jamestown, North Dakota, to acquire 100% of Unison Bank, Mesa, Arizona, a de novo bank.
Newspaper: Not available
Federal Register: Not available
NORTHERN STAR FINANCIAL, INC. CIC Notice by Louis B. Olsen, Eagan, Minnesota, to acquire 23% of the shares of Northern Star Financial, Inc., Mankato, Minnesota, and thereby indirectly gain control of Northern Star Bank, Mankato, Minnesota.
Newspaper: Not available
Federal Register: 04/09/2008
SUPERIOR BANCORPORATION, LTD. CIC Notice by Timothy A. Tierney, Madison, Wisconsin,as an individual, and as part of a group in concert with Mark R. Tierney, Superior, Wisconsin, and David S. Tierney, Eden Prairie, Minnesota, to acquire control of Superior Bancorporation LTD, Superior, Wisconsin, and thereby indirectly acquire control Community Bank Superior, Superior, Wisconsin.
Newspaper: Not available
Federal Register: Not available
WISHEK BANCORPORATION, INC. * 3A3 Wishek Bancorporation, Inc., Wishek, North Dakota, through its 28.26% ownership of North Star Holding Company, Inc., Jamestown, North Dakota, to acquire indirect control of Unison Bank, Mesa, Arizona, a de novo bank.
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

* 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