Federal Reserve: Change in Bank Control Notices and Acquisitions of Shares

FR: Federal Reserve System

Published March 20th, 2026

Detected March 20th, 2026

Summary

The Federal Reserve System published a notice regarding change in bank control applications and acquisitions of shares. These applications are filed under the Change in Bank Control Act and Regulation Y. The notice lists specific applicants and the banks or bank holding companies involved.

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What changed

The Federal Reserve System has published a notice detailing applications received under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (§ 225.41). The notice lists specific applicants, such as the Clark Family Control Group, and the banks or bank holding companies they intend to acquire or retain shares in, including Chandler Bancshares, Inc. and State Bank of Chandler.

Interested parties can submit written comments regarding these applications by April 6, 2026. Comments should focus on the standards outlined in paragraph 7 of the Act and must not include confidential or inappropriate information for public disclosure. The applications and related filings are available for inspection at the Federal Reserve Bank of Minneapolis and the Board of Governors.

What to do next

Submit written comments regarding applications by April 6, 2026
Ensure comments do not contain confidential or inappropriate information

Source document (simplified)

Notice

Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

A Notice by the Federal Reserve System on 03/20/2026

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Public Inspection Published Document: 2026-05531 (91 FR 13603) Document Headings ###### Federal Reserve System

The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).

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 paragraph 7 of the Act. ( printed page 13604)

Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure.

Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Benjamin W. McDonough, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than April 6, 2026.

A. Federal Reserve Bank of Minneapolis (Mark Nagle, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. Comments can also be sent electronically to MA@mpls.frb.org:

Vicki Clark, Lake Placid, Florida; Ann Carda, Saint Louis Park, Minnesota; and Thomas Clark, Sioux Center, Iowa; to join the Clark Family Control Group, a group acting in concert, to retain voting shares of Chandler Bancshares, Inc., Chandler, Minnesota, through joint ownership of the shares with Lonnie Clark, Chandler, Minnesota, and thereby indirectly retain voting shares of State Bank of Chandler, Chandler, Minnesota. Lonnie Clark is a member of the Clark Family Control Group and was previously permitted by the Federal Reserve System to acquire voting shares of Chandler Bancshares, Inc., in his individual capacity.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell,

Associate Secretary of the Board.

[FR Doc. 2026-05531 Filed 3-19-26; 8:45 am]

BILLING CODE P

Published Document: 2026-05531 (91 FR 13603)