Notice2021-18656
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 30, 2021
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 86 Issue 165 (Monday, August 30, 2021)</title>
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[Federal Register Volume 86, Number 165 (Monday, August 30, 2021)]
[Notices]
[Page 48424]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-18656]
[[Page 48424]]
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices; Acquisitions of Shares of a Bank
or Bank Holding Company
The notificants listed below have applied under the Change in Bank
Control Act (Act) (12 U.S.C. 1817(j)) and Sec. 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 <a href="https://www.federalreserve.gov/foia/request.htm">https://www.federalreserve.gov/foia/request.htm</a>.
Interested persons may express their views in writing on the standards
enumerated in paragraph 7 of the Act.
Comments regarding each of these applications must be received at
the Reserve Bank indicated or the offices of the Board of Governors,
Ann E. Misback, Secretary of the Board, 20th Street and Constitution
Avenue NW, Washington, DC 20551-0001, not later than September 14,
2021.
A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. The John Bradley Young, Sr., Marital Non-Exempt Trust, the John
Bradley Young, Sr. Family Exempt Trust, the John Bradley Young, Sr.
Marital Exempt Trust, the Jeff Young 2021 Irrevocable Trust, and the J.
Bradley Young, Jr., 2021 Irrevocable Trust, Jeffrey T. Young,
individually, and as trustee of the aforementioned trusts, all of
Centerville, Iowa; to retain voting shares of Bradley Bancorp, Inc.,
and thereby indirectly retain voting shares of Iowa Trust and Savings
Bank, both of Centerville, Iowa.
In addition, the J. Bradley Young, Jr., Trust, Iowa Trust and
Savings Bank, as trustee, and J. Bradley Young, Jr., as settlor with
voting rights of Bradley Bancorp Inc., all of Centerville, Iowa; to
form the Young Family Control Group, a group acting in concert. to
retain voting shares of Bancorp, and thereby indirectly retain voting
shares of the Bank.
Board of Governors of the Federal Reserve System, August 25,
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-18656 Filed 8-27-21; 8:45 am]
BILLING CODE P
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.