Notice2023-09047

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
April 28, 2023

Issuing agencies

Federal Reserve System

Full Text

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<title>Federal Register, Volume 88 Issue 82 (Friday, April 28, 2023)</title>
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[Federal Register Volume 88, Number 82 (Friday, April 28, 2023)]
[Notices]
[Page 26305]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-09047]


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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 May 15, 2023.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. The Frederick and Ruth Schwertfeger Irrevocable Trust of 2019, 
Wauwatosa, Wisconsin; Frederick C. Schwertfeger, Elm Grove, Wisconsin, 
and Alexandra G. Solanki, Wauwatosa, Wisconsin, as co-trustees; to join 
the Schwertfeger Family Control Group, a group acting in concert, to 
retain voting shares of Sword Financial Corporation, and thereby 
indirectly retain voting shares of Horicon Bank, both of Horicon, 
Wisconsin, and Cornerstone Community Bank, Grafton, Wisconsin.
    Additionally, Alexandra G. Solanki, as co-trustee, of the Horicon 
Bank Profit Sharing and Employee Stock Ownership Plan (ESOP), Horicon, 
Wisconsin; to acquire voting shares of Sword Financial Corporation, and 
thereby indirectly acquire voting shares of Horicon Bank and 
Cornerstone Community Bank. The ESOP owns Sword Financial Corporation.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-09047 Filed 4-27-23; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on April 28, 2023.

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