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 October 29, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

BIG MUDDY BANCORP, INC.

* 3A3

Big Muddy Bancorp, Inc., Dutton, Montana, to acquire 100 percent of S.B.T. Financial, Inc., Townsend, Montana, and thereby indirectly acquire The State Bank of Townsend, Townsend, Montana.

Newspaper:	11/05/2016
Federal Register:	11/11/2016

CITIZENS STATE BANK OF ARLINGTON

CIC

Change in Control Notice by John R. Rice, Brookings, South Dakota, and Mary D. Rice, Boston, Massachusetts, individually and as a group acting concert, to retain 25 percent or more of the shares of Citizens State Bank of Arlington, Arlington, South Dakota.

Newspaper:	Not available
Federal Register:	10/18/2016

KANDIYOHI BANCSHARES, INC.

CIC

Change in Control Notice by Alix E. Behm, Willmar, Minnesota, to acquire 25 percent or more of the shares of Kandiyohi Bancshares, Inc., Willmar, Minnesota, and thereby indirectly gain control of Home State Bank, Litchfield, Minnesota.

Newspaper:	Not available
Federal Register:	11/07/2016

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
FRANDSEN B&T, LONSDALE, MINNESOTA	751656	04/04/2016	10/13/2016	S	Large Bank
STATE SVG BK OF MANISTIQUE, MANISTIQUE, MICHIGAN	259956	06/28/2016	09/29/2016	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 October 29, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis