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Applications BulletinDistrict 9
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| Type | Application | Ending date of comment period |
|---|---|---|
| * 18C |
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 - Not available Fed Reg - Not applicable |
| CIC |
Notice by Lloyd O. Olson, Lake Park, Minnesota, to retain 10 percent or more of the shares of Lake Park Bancshares, Inc., Lake Park, Minnesota, and thereby indirectly retain control of State Bank of Lake Park, Lake Park, Minnesota. |
Newspaper - Not available Fed Reg - 03/04/2008 |
*Subject to the provisions of the Community Reinvestment Act.
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.
| RSSD number | Institution/Location | Exam date | CRA public date | CRA rating | Exam type |
|---|---|---|---|---|---|
| NONE |
| Institution | Location |
|---|---|
None |
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Consumer Compliance
