Notice2023-27512

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
December 15, 2023

Issuing agencies

Federal Reserve System

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<title>Federal Register, Volume 88 Issue 240 (Friday, December 15, 2023)</title>
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[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Page 86898]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-27512]


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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 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 December 29, 2023.
    A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice 
President) 1000 Peachtree Street NE, Atlanta, Georgia 30309; Comments 
can also be sent electronically to <a href="/cdn-cgi/l/email-protection#a4e5d4d4c8cdc7c5d0cdcbcad78ae7cbc9c9c1cad0d7e4c5d0c88ac2d6c68acbd6c3"><span class="__cf_email__" data-cfemail="703100001c19131104191f1e035e331f1d1d151e04033011041c5e1602125e1f0217">[email&#160;protected]</span></a>:
    1. Martha Sigmon Spurlock, Big Stone Gap, Virginia; Rachel Sigmon 
West, Harrogate, Tennessee; and Andra Sigmon Ostergard, Bluffton, South 
Carolina; as a group acting in concert, to retain voting shares of 
Unified Shares, LLC, Harrogate, Tennessee. Unified Shares, LLC, 
controls Commercial Bancgroup, Inc., which controls Commercial Bank, 
both of Harrogate, Tennessee. Commercial Bancgroup, Inc., also controls 
AB&T Financial Corporation, which in turn controls Alliance Bank & 
Trust Company, both of Gastonia, North Carolina.
    In addition, Rachel Sigmon West, Harrogate, Tennessee; and Martha 
Sigmon Spurlock and Charles Kenneth Spurlock, Jr., both of Big Stone 
Gap, Virginia; as part of a group acting in concert with Unified 
Shares, LLC, to retain voting shares of Commercial Bancgroup, Inc.''
    B. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant 
Vice President) One Memorial Drive, Kansas City, Missouri 64198-0001. 
Comments can also be sent electronically to 
<a href="/cdn-cgi/l/email-protection#afe4eceedfdfc3c6cccedbc6c0c1ecc0c2c2cac1dbdcefc4cc81c9ddcd81c0ddc8"><span class="__cf_email__" data-cfemail="a4efe7e5d4d4c8cdc7c5d0cdcbcae7cbc9c9c1cad0d7e4cfc78ac2d6c68acbd6c3">[email&#160;protected]</span></a>:
    1. The Bruce Jessup Trust, Bruce Jessup and Terrie Jessup, as co-
Trustees, all of Butler, Missouri; to retain voting shares of Community 
First Bancshares, Inc. and thereby indirectly retain voting shares of 
Community First Bank, both of Butler, Missouri. Bruce Jessup, 
individually, was previously permitted to control Community First 
Bancshares, Inc.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-27512 Filed 12-14-23; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on December 15, 2023.

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