Federal Reserve System Change in Bank Control Notices

Regs.gov: Federal Reserve System

Published March 19th, 2026

Detected March 20th, 2026

Summary

The Federal Reserve System has posted notices of applications filed under the Change in Bank Control Act. These applications seek approval to acquire shares of a bank or bank holding company. Interested parties can submit written comments on the applications by April 6, 2026.

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What changed

The Federal Reserve System has published a notice regarding applications filed 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 Vicki Clark, Ann Carda, and Thomas Clark, who are seeking to join the Clark Family Control Group to retain voting shares of Chandler Bancshares, Inc., and indirectly retain shares of State Bank of Chandler. The Board of Governors will consider factors outlined in the Act when reviewing these applications.

Regulated entities and interested parties may submit written comments regarding these applications. Comments must be received by the designated Federal Reserve Bank or the Board of Governors' offices no later than April 6, 2026. Comments are subject to public disclosure and should not contain confidential information. The public portions of the applications are available for inspection at the indicated Federal Reserve Banks and the Board of Governors' offices.

What to do next

Submit written comments regarding applications by April 6, 2026.
Review public portions of applications for potential interest.

Source document (simplified)

Content

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 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