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 February 2, 2019

Filer

Filing Type

Filing Proposal

End of Comment Period

FIRST FINANCIAL CORPORATION

CIC

Change in Control Notice by Katherine Burgum Itterman, Fargo, North Dakota, and Fred J. Williams III, Fargo, North Dakota, as trustee of the Fred J. Williams III 2012 GST Trust, Fargo, North Dakota, each to acquire 25 percent or more of the shares of First Financial Corporation, and thereby indirectly acquire control of Bank North, both of Arthur, North Dakota.

Newspaper:	Not available
Federal Register:	02/19/2019

GALE BANK HOLDING COMPANY, INC.

CIC

Change in Control Notice by Scott Kopp, Galesville, Wisconsin to retain 25 percent or more of the shares and thereby control Gale Bank Holding Company, Inc., Galesville, Wisconsin. In addition, Steve Kopp, La Crosse, Wisconsin; Mark Kopp, Galesville, Wisconsin; and Scott Kopp, Galesville, Wisconsin, as a group acting in concert to retain 25 percent of Gale Bank Holding Company, Inc. and thereby indirectly control Bluff View Bank, both of Galesville, Wisconsin.

Newspaper:	Not available
Federal Register:	02/19/2019

NATCOM BANCSHARES,INC.

CIC

Change in Control Notice by Mark A. Manion; the 2016 Mark A. Manion and Shelly M. Manion Joint Revocable Trust - Bank Stock (and its trustees Mark A. Manion and Shelly M. Manion); John Manion; Mary Jo Manion; and Gerald J. Manion; all of Superior, Wisconsin, to retain, as a group acting in concert, 25% or more of the shares and thereby control of NATCOM Bancshares, Inc., Superior, Wisconsin (NATCOM), and thereby indirectly retain control of National Bank of Commerce, Superior, Wisconsin. NATCOM also controls Republic Bancshares, Inc. Duluth, Minnesota, and it subsidiary bank, Republic Bank, Duluth, Minnesota.

Newspaper:	Not available
Federal Register:	Not available

PIONEER BANK

* Branch

Pioneer Bank, Mapleton, Minnesota, to establish a branch facility located at 1450 Adams Street, Mankato, Minnesota.

Newspaper:	02/08/2019
Federal Register:	Not applicable

PSB FINANCIAL SHARES, INC.

CIC

Notice by Cara J. Mulder, Wayzata, Minnesota, to acquire 25 percent of PSB Financial Shares, Inc., Prinsburg, Minnesota, and thereby indirectly acquire control of PrinsBank, Prinsburg, Minnesota.

Newspaper:	02/13/2019
Federal Register:	02/19/2019

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 February 2, 2019

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis