80_FR_15661 80 FR 15605 - Change in Bank Control Notices; Acquisitions of Shares of a Savings and Loan Holding Company

80 FR 15605 - Change in Bank Control Notices; Acquisitions of Shares of a Savings and Loan Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 56 (March 24, 2015)

Page Range15605-15605
FR Document2015-06675

Federal Register, Volume 80 Issue 56 (Tuesday, March 24, 2015)
[Federal Register Volume 80, Number 56 (Tuesday, March 24, 2015)]
[Notices]
[Page 15605]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06675]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a 
Savings and Loan Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and the Board's Regulation LL (12 CFR 
part 238) to acquire shares of a savings and loan holding company. The 
factors that are considered in acting on the notices are set forth in 
paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than April 8, 2015.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. J. Scott Nelson, Redwood Falls Minnesota, individually and James 
Tersteeg, and Thomas Stotesbery, all as a trustees of the HomeTown Bank 
Employee Stock Ownership Plan, Redwood Falls Minnesota; J. Scott Nelson 
and John Nelson, Redwood Falls, Minnesota; Sarah Hoyt, St Paul 
Minnesota, all as members of the Nelson family shareholder group acting 
in concert, to acquire and retain voting shares Redwood Financial, 
Inc., Redwood Falls, Minnesota, and thereby indirectly acquire and 
retain voting shares of HomeTown Bank, Redwood Falls, Minnesota.

    Board of Governors of the Federal Reserve System, March 19, 
2015.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2015-06675 Filed 3-23-15; 8:45 am]
BILLING CODE 6210-01-P



                                                                                Federal Register / Vol. 80, No. 56 / Tuesday, March 24, 2015 / Notices                                                  15605

                                                    Board of Governors of the Federal Reserve             FEDERAL RESERVE SYSTEM                                a nonbanking company, the review also
                                                  System, March 19, 2015.                                                                                       includes whether the acquisition of the
                                                  Margaret McCloskey Shanks,                              Formations of, Acquisitions by, and                   nonbanking company complies with the
                                                  Deputy Secretary of the Board.                          Mergers of Bank Holding Companies;                    standards in section 4 of the BHC Act
                                                  [FR Doc. 2015–06676 Filed 3–23–15; 8:45 am]
                                                                                                          Correction                                            (12 U.S.C. 1843). Unless otherwise
                                                                                                                                                                noted, nonbanking activities will be
                                                  BILLING CODE 6210–01–P                                    This notice corrects a notice (FR Doc.
                                                                                                                                                                conducted throughout the United States.
                                                                                                          2015–06196) published on pages 14133                     Unless otherwise noted, comments
                                                                                                          and 14134 of the issue for Wednesday,                 regarding each of these applications
                                                  FEDERAL RESERVE SYSTEM                                  March 18, 2015.                                       must be received at the Reserve Bank
                                                                                                            A. Federal Reserve Bank of                          indicated or the offices of the Board of
                                                  Change in Bank Control Notices;                         Minneapolis (Jacquelyn K. Brunmeier,                  Governors not later than April 17, 2015.
                                                  Acquisitions of Shares of a Savings                     Assistant Vice President) 90 Hennepin                    A. Federal Reserve Bank of Cleveland
                                                  and Loan Holding Company                                Avenue, Minneapolis, Minnesota                        (Nadine Wallman, Vice President) 1455
                                                                                                          55480–0291:                                           East Sixth Street, Cleveland, Ohio
                                                     The notificants listed below have                      1. Beartooth Financial Corporation,                 44101–2566:
                                                  applied under the Change in Bank                        Billings, Montana; to become a bank                      1. Kentucky Bancshares, Inc., Paris,
                                                  Control Act (12 U.S.C. 1817(j)) and the                 holding company by acquiring 100                      Kentucky; to acquire 100 percent of the
                                                  Board’s Regulation LL (12 CFR part 238)                 percent of the voting shares of Beartooth             voting shares of Madison Financial
                                                  to acquire shares of a savings and loan                 Bank, Billings, Montana.                              Corp., and thereby indirectly acquire
                                                  holding company. The factors that are                     B. Federal Reserve Bank of Dallas                   voting shares of Madison Bank, both in
                                                  considered in acting on the notices are                 (Robert L. Triplett III, Senior Vice                  Richmond, Kentucky.
                                                  set forth in paragraph 7 of the Act (12                 President) 2200 North Pearl Street,                      B. Federal Reserve Bank of Chicago
                                                  U.S.C. 1817(j)(7)).                                     Dallas, Texas 75201–2272:                             (Colette A. Fried, Assistant Vice
                                                                                                            1. FNBK Holdings, Inc., Dallas, Texas;              President) 230 South LaSalle Street,
                                                     The notices are available for                        to become a bank holding company by                   Chicago, Illinois 60690–1414:
                                                  immediate inspection at the Federal                     acquiring 100 percent of the voting                      1. Minier Financial, Inc. Employee
                                                  Reserve Bank indicated. The notices                     shares of The First National Bank of                  Stock Ownership Plan with 401(k)
                                                  also will be available for inspection at                Kemp, Kemp, Texas.                                    Provisions, Minier, Illinois; to acquire
                                                  the offices of the Board of Governors.                    Comments on this application must                   additional voting shares, for a total of 51
                                                  Interested persons may express their                    be received by April 13, 2015.                        percent of the voting shares of Minier
                                                  views in writing to the Reserve Bank                                                                          Financial, Inc., and thereby indirectly
                                                                                                            Board of Governors of the Federal Reserve
                                                  indicated for that notice or to the offices             System, March 19, 2015.                               acquire additional voting shares of First
                                                  of the Board of Governors. Comments                     Margaret McCloskey Shanks,                            Farmers State Bank, both in Minier,
                                                  must be received not later than April 8,                                                                      Illinois.
                                                                                                          Deputy Secretary of the Board.
                                                  2015.                                                                                                            2. Wintrust Financial Corporation,
                                                                                                          [FR Doc. 2015–06673 Filed 3–23–15; 8:45 am]           Rosemont, Illinois; to merge with
                                                     A. Federal Reserve Bank of                           BILLING CODE 6210–01–P                                Community Financial Shares, Inc., Glen
                                                  Minneapolis (Jacquelyn K. Brunmeier,
                                                                                                                                                                Ellyn, Illinois, and thereby indirectly
                                                  Assistant Vice President) 90 Hennepin                                                                         acquire Community Bank-Wheaton/
                                                  Avenue, Minneapolis, Minnesota                          FEDERAL RESERVE SYSTEM                                Glen Ellyn, Illinois.
                                                  55480–0291:
                                                                                                          Formations of, Acquisitions by, and                     Board of Governors of the Federal Reserve
                                                     1. J. Scott Nelson, Redwood Falls                                                                          System, March 19, 2015.
                                                                                                          Mergers of Bank Holding Companies
                                                  Minnesota, individually and James                                                                             Margaret McCloskey Shanks,
                                                  Tersteeg, and Thomas Stotesbery, all as                   The companies listed in this notice                 Deputy Secretary of the Board.
                                                  a trustees of the HomeTown Bank                         have applied to the Board for approval,               [FR Doc. 2015–06674 Filed 3–23–15; 8:45 am]
                                                  Employee Stock Ownership Plan,                          pursuant to the Bank Holding Company
                                                                                                                                                                BILLING CODE 6210–01–P
                                                  Redwood Falls Minnesota; J. Scott                       Act of 1956 (12 U.S.C. 1841 et seq.)
                                                  Nelson and John Nelson, Redwood                         (BHC Act), Regulation Y (12 CFR part
                                                  Falls, Minnesota; Sarah Hoyt, St Paul                   225), and all other applicable statutes
                                                                                                                                                                FEDERAL TRADE COMMISSION
                                                  Minnesota, all as members of the Nelson                 and regulations to become a bank
                                                  family shareholder group acting in                      holding company and/or to acquire the                 [File No. 141 0171]
                                                  concert, to acquire and retain voting                   assets or the ownership of, control of, or
                                                                                                          the power to vote shares of a bank or                 Par Petroleum Corporation and Mid
                                                  shares Redwood Financial, Inc.,                                                                               Pac Petroleum, LLC; Analysis of
                                                  Redwood Falls, Minnesota, and thereby                   bank holding company and all of the
                                                                                                          banks and nonbanking companies                        Proposed Consent Order To Aid Public
                                                  indirectly acquire and retain voting                                                                          Comment
                                                                                                          owned by the bank holding company,
                                                  shares of HomeTown Bank, Redwood
                                                                                                          including the companies listed below.                 AGENCY:    Federal Trade Commission.
                                                  Falls, Minnesota.                                         The applications listed below, as well              ACTION:   Proposed Consent Agreement.
                                                    Board of Governors of the Federal Reserve             as other related filings required by the
                                                  System, March 19, 2015.                                 Board, are available for immediate                    SUMMARY:   The consent agreement in this
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  Margaret McCloskey Shanks,                              inspection at the Federal Reserve Bank                matter settles alleged violations of
                                                  Deputy Secretary of the Board.                          indicated. The applications will also be              federal law prohibiting unfair methods
                                                  [FR Doc. 2015–06675 Filed 3–23–15; 8:45 am]
                                                                                                          available for inspection at the offices of            of competition. The attached Analysis to
                                                                                                          the Board of Governors. Interested                    Aid Public Comment describes both the
                                                  BILLING CODE 6210–01–P
                                                                                                          persons may express their views in                    allegations in the draft complaint and
                                                                                                          writing on the standards enumerated in                the terms of the consent order—
                                                                                                          the BHC Act (12 U.S.C. 1842(c)). If the               embodied in the consent agreement—
                                                                                                          proposal also involves the acquisition of             that would settle these allegations.


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Document Created: 2015-12-18 11:45:20
Document Modified: 2015-12-18 11:45:20
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 15605 

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