Notice2024-26965

Change in Bank Control Notices; Acquisitions of Shares of a Savings and Loan 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
November 19, 2024

Issuing agencies

Federal Reserve System

Full Text

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<title>Federal Register, Volume 89 Issue 223 (Tuesday, November 19, 2024)</title>
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[Federal Register Volume 89, Number 223 (Tuesday, November 19, 2024)]
[Notices]
[Page 91397]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26965]


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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 (``Act'') (12 U.S.C. 1817(j)) and of the Board's Regulation 
LL (12 CFR 238.31) 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 6 of the Act (12 U.S.C. 1817(j)(6)).
    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 6 of the Act.
    Comments received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    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 4, 2024.
    A. Federal Reserve Bank of Minneapolis (Mark Rauzi, Vice 
President),
    90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. Comments can 
also be sent electronically to <a href="/cdn-cgi/l/email-protection#5f121e1f322f332c71392d3d71302d38"><span class="__cf_email__" data-cfemail="a5e8e4e5c8d5c9d68bc3d7c78bcad7c2">[email&#160;protected]</span></a>:
    1. John A. Schumacher, West Fargo, North Dakota, as co-trustee of 
the American Federal Bank and Affiliates Employee Stock Ownership Plan 
(ESOP) and as co-trustee and committee member of the American Federal 
Bank Restricted Stock Plan and Trust (RSP), both of Fargo, North 
Dakota; individually and as a new member of an existing group acting in 
concert consisting of ESOP, RSP, and the individuals that control those 
entities, to acquire voting shares of American Federal Corporation, and 
thereby indirectly acquire voting shares of American Federal Bank, both 
of Fargo, North Dakota.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2024-26965 Filed 11-18-24; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on November 19, 2024.

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.