Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Cited as:85 FR 41237
Court:Federal Reserve System
Publication Date:09 Jul 2020
Record Number:2020-14826
Federal Register, Volume 85 Issue 132 (Thursday, July 9, 2020)
[Federal Register Volume 85, Number 132 (Thursday, July 9, 2020)]
                [Notices]
                [Pages 41237-41238]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-14826]
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                FEDERAL RESERVE SYSTEM
                Formations of, Acquisitions by, and Mergers of Bank Holding
                Companies
                 The companies listed in this notice have applied to the Board for
                approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
                1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other
                applicable statutes and regulations to become a bank
                [[Page 41238]]
                holding company and/or to acquire the assets or the ownership of,
                control of, or the power to vote shares of a bank or bank holding
                company and all of the banks and nonbanking companies owned by the bank
                holding company, including the companies listed below.
                 The public portions of the applications listed below, as well as
                other related filings required by the Board, if any, are available for
                immediate inspection at the Federal Reserve Bank(s) indicated below and
                at the offices of the Board of Governors. This information may also be
                obtained on an expedited basis, upon request, by contacting the
                appropriate Federal Reserve Bank and from the Board's Freedom of
                Information Office at https://www.federalreserve.gov/foia/request.htm.
                Interested persons may express their views in writing on the standards
                enumerated in the BHC Act (12 U.S.C. 1842(c)).
                 Comments regarding each of these applications must be received at
                the Reserve Bank indicated or the offices of the Board of Governors,
                Ann E. Misback, Secretary of the Board, 20th Street and Constitution
                Avenue NW, Washington, DC 20551-0001, not later than August 10, 2020.
                 A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant
                Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
                 1. Park Financial Group, Inc., Minneapolis, Minnesota; to acquire
                additional voting shares of Mesaba Bancshares, Inc., Grand Rapids,
                Minnesota, and thereby indirectly acquire American Bank of the North,
                Nashwauk, Minnesota, and The Lake Bank, Two Harbors, Minnesota.
                 Board of Governors of the Federal Reserve System, July 6, 2020.
                Yao-Chin Chao,
                Assistant Secretary of the Board.
                [FR Doc. 2020-14826 Filed 7-8-20; 8:45 am]
                BILLING CODE P