Notice2022-03603
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
February 18, 2022
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 87 Issue 34 (Friday, February 18, 2022)</title>
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[Federal Register Volume 87, Number 34 (Friday, February 18, 2022)]
[Notices]
[Pages 9347-9348]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03603]
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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 March 7, 2022.
A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291.
Comments can also be sent electronically to <a href="/cdn-cgi/l/email-protection#3e737f7e534e524d10584c5c10514c59"><span class="__cf_email__" data-cfemail="420f03022f322e316c2430206c2d3025">[email protected]</span></a>:
1. Greg LeGare and Elaine LeGare, both of Osseo, Wisconsin; Bradley
LeGare and Sharon LeGare, both of St. Charles, Illinois; Jeffrey P.
LeGare, Lucas, Texas; Jennifer LeGare, Eau Claire, Wisconsin; and
Pamela LeGare-Van Hout, Appleton, Wisconsin; to become the LeGare
Group, a group acting in concert, to retain voting shares of Platinum
Bancorp, Inc., and thereby indirectly retain voting shares of Platinum
Bank, both of Oakdale, Minnesota.
2. Daniel Otten, Hayward, Minnesota; to acquire voting shares of
Minnesota Community Bancshares, Inc. (MCBI), Albert Lea, Minnesota, and
thereby indirectly acquire voting shares of Arcadian Bank, Hartland,
Minnesota.
In addition, the Daniel M. Otten Revocable Trust and the Kim M.
Otten Revocable Trust, Daniel Otten and Kim Otten, as co-trustees of
both trusts, all of Hayward, Minnesota; and the Magdalene E. Otten
Revocable Trust, Magdalene Otten, as co-trustee, both of Wisner,
Nebraska, and Daniel Otten, as co-trustee; to become members of the
Otten Family Control Group, a group acting in concert, to acquire
voting shares of MCBI, and thereby indirectly acquire voting shares of
Arcadian Bank.
B. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
1. The M.D. Michaelis GST Exempt Trust, the M.D. Michaelis Trust B,
the
[[Page 9348]]
Paula Sue Michaelis GST Exempt Trust, and the Paula Sue Michaelis Trust
B, all of Wichita, Kansas; to become members of the Michaelis Family
Group, a group acting in concert, to retain voting shares of Emprise
Financial Corporation (the company), and thereby indirectly retain
voting shares of Emprise Bank, both of Wichita, Kansas. The co-trustees
of each of the aforementioned trusts have been previously approved by
the Federal Reserve to serve as trustees of other trusts.
In addition, Aaron K. Veatch, as co-trustee of the Michael D.
Michaelis Trust and the Paula Sue Michaelis Trust, all of Wichita,
Kansas; to become a member of the Michaelis Family Group and to acquire
shares of the company.
Board of Governors of the Federal Reserve System, February 15,
2022.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-03603 Filed 2-17-22; 8:45 am]
BILLING CODE P
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