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Bank Holding Company Merger Applications Notice

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Summary

The Federal Reserve published a notice announcing bank holding company merger applications under the Bank Holding Company Act of 1956. GEBSCO, Inc. of Mondovi, Wisconsin applied to acquire Rushford State Bank of Rushford, Minnesota. The public comment deadline is May 22, 2026.

Published by Federal Reserve System on federalregister.gov . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

The Federal Reserve published a notice of a bank holding company application under the Bank Holding Company Act of 1956 and Regulation Y. GEBSCO, Inc. applied to acquire Rushford State Bank (Incorporated). Comments on this application must be submitted by May 22, 2026.

Bank holding companies and acquiring firms should be aware that merger applications are subject to public comment periods. Any person may submit views on the standards enumerated in the BHC Act. Applications are available for inspection at the Federal Reserve Bank of Minneapolis.

Archived snapshot

Apr 22, 2026

GovPing 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 04/22/2026

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  • Public Inspection Published Document: 2026-07816 (91 FR 21496) 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)).

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 ( printed page 21497) NW, Washington, DC 20551-0001, not later than May 22, 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:

  1. GEBSCO, Inc., Mondovi, Wisconsin; to acquire Rushford State Bank (Incorporated), Rushford, Minnesota.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell,

Associate Secretary of the Board.

[FR Doc. 2026-07816 Filed 4-21-26; 8:45 am]

BILLING CODE 6210-01-P

Published Document: 2026-07816 (91 FR 21496)

CFR references

12 CFR part 225

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Last updated

Classification

Agency
Federal Reserve System
Published
April 22nd, 2026
Comment period closes
May 22nd, 2026 (30 days)
Compliance deadline
May 22nd, 2026 (30 days)
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
91 FR 21496
Docket
2026-07816

Who this affects

Applies to
Banks
Industry sector
5221 Commercial Banking
Activity scope
Bank mergers Bank acquisitions BHC applications
Geographic scope
United States US

Taxonomy

Primary area
Banking
Operational domain
Compliance
Compliance frameworks
Dodd-Frank
Topics
Financial Services Securities

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