Federal Reserve: Change in Bank Control Notices
Summary
The Federal Reserve System has published notices regarding changes in bank control and acquisitions of shares of banks or bank holding companies. These notices detail applications received under the Change in Bank Control Act and Regulation Y. Interested parties can submit comments by April 2, 2026.
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) for acquisitions of shares in banks or bank holding companies. The notice lists specific applicants, including Robert Beymer and trusts associated with Maya J. Smith and Zoie M. Smith, along with the entities involved, such as Lakin Bancshares, Inc., KCB Bank, Security Financial Services Corporation, and Security Financial Bank. The Federal Reserve will consider the factors outlined in paragraph 7 of the Act when reviewing these applications.
Regulated entities and interested parties have until April 2, 2026, to submit written comments regarding these applications. Comments should be sent to the indicated Federal Reserve Banks or the Board of Governors and are subject to public disclosure. While the notice itself does not impose new obligations, it serves as a public record of pending control changes and provides an opportunity for public input on the applications.
What to do next
- Review applications for changes in bank control and acquisitions of shares.
- Submit comments to the relevant Federal Reserve Bank or the Board of Governors by April 2, 2026, if interested.
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 03/18/2026
PDF
Document Details
- Table of Contents
- Public Comments
- Regulations.gov Data
- Sharing
- Other Formats
- Public Inspection Published Document: 2026-05318 (91 FR 13026) 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.
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 2, 2026.
A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001. Comments ( printed page 13027) can also be sent electronically to KCApplicationComments@kc.frb.org:
- Robert Beymer, as trustee of Diane Beymer Credit Shelter Trust and Robert Beymer Revocable Trust dtd 02/24/2022, all of Garden City, Kansas; to retain voting shares of Lakin Bancshares, Inc., and thereby indirectly retain voting shares of KCB Bank, both of Lakin, Kansas.
B. 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:
- The Maya J. Smith Irrevocable Trust dated 12/14/2022 and the Zoie M. Smith Irrevocable Trust dated 12/14/2022 (together, the “Trusts”); to join the Bauer Family Shareholder Group, a group acting in concert, to retain voting shares of Security Financial Services Corporation, and thereby indirectly retain voting shares of Security Financial Bank, both of Durand, Wisconsin. Tad M. Bauer, the trustee of the Trusts, was previously approved by the Federal Reserve System to join the Bauer Family Shareholder Group in his individual capacity.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-05318 Filed 3-17-26; 8:45 am]
BILLING CODE P
Published Document: 2026-05318 (91 FR 13026)
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