Federal Reserve Bank Control Acquisition Notices

Regulations.gov Proposed Rules

Published March 24th, 2026

Detected March 25th, 2026

Summary

The Federal Reserve System has posted notices of applications received under the Change in Bank Control Act. These applications relate to the acquisition of shares in banks or bank holding companies. Interested parties can submit written comments on the applications by April 9, 2026.

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What changed

The Federal Reserve System has published notices of applications filed under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (§ 225.41) for the acquisition of shares in banks or bank holding companies. One specific application involves the Buerkle Family Shareholder Group seeking to retain shares of New York Mills Bancshares, Inc., and indirectly, Farmers & Merchants State Bank of New York Mills, Incorporated.

Interested persons may submit written comments regarding these applications, focusing on the standards outlined in paragraph 7 of the Act. Comments must be received by April 9, 2026, at the indicated Federal Reserve Bank or the Board of Governors' offices. Comments are subject to public disclosure and should not contain confidential information.

What to do next

Review applications for potential impact on business interests.
Submit written comments by April 9, 2026, if applicable.

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 9, 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:

Gwen Denninger, Maple Grove, Minnesota; Karla Buerkle, Plymouth, Minnesota; Sara Vosper, Delano, Minnesota; Julie Radniecki, and Betsy Roder, both of New York Mills, Minnesota; to join the Buerkle Family Shareholder Group, a group acting in concert, to retain shares of New York Mills Bancshares, Inc., and thereby indirectly retain shares of Farmers & Merchants State Bank of New York Mills, Incorporated both of New York Mills, Minnesota.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-05821 Filed 3-24-26; 8:45 am] BILLING CODE P