Fulda Bancorporation Inc. Application to Acquire Root River State Bank
Summary
The Federal Reserve published a notice that Fulda Bancorporation, Inc. of Britton, South Dakota applied to the Board for approval to acquire Root River State Bank, Chatfield, Minnesota pursuant to the Bank Holding Company Act of 1956. The public may submit comments on the application to the Federal Reserve Bank of Minneapolis or the Board of Governors by May 11, 2026.
What changed
The Federal Reserve published a notice of an application by Fulda Bancorporation, Inc. to acquire Root River State Bank. The notice invites public comment on the standards enumerated in the Bank Holding Company Act and makes the public portions of applications available for inspection at the Federal Reserve Bank of Minneapolis.
Bank holding companies, community banks, and investors should monitor this and similar applications as they may affect market concentration, competitive dynamics in Minnesota and South Dakota banking markets, and available banking services in affected communities. Parties with concerns about these acquisitions should submit written comments before the deadline.
What to do next
- Submit public comments to the Federal Reserve Bank of Minneapolis or Board of Governors by May 11, 2026
- Monitor Federal Reserve decisions on pending bank holding company applications
- Review applications for potential competitive or community impacts
Archived snapshot
Apr 10, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Notice
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
A Notice by the Federal Reserve System on 04/10/2026
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- Public Inspection Published Document: 2026-07011 (91 FR 18461) Document Headings ###### Federal Reserve System
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 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)). ( printed page 18462)
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 May 11, 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:
- Fulda Bancorporation, Inc., Britton, South Dakota; to acquire Root River State Bank, Chatfield, Minnesota.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-07011 Filed 4-9-26; 8:45 am]
BILLING CODE 6210-01-P
Published Document: 2026-07011 (91 FR 18461)
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