Notice2025-09344

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
May 23, 2025

Issuing agencies

Federal Reserve System

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<title>Federal Register, Volume 90 Issue 99 (Friday, May 23, 2025)</title>
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[Federal Register Volume 90, Number 99 (Friday, May 23, 2025)]
[Notices]
[Page 22096]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-09344]


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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 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 June 9, 2025.
    A. Federal Reserve Bank of Minneapolis (Mark Nagle, Assistant Vice 
President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. 
Comments can also be sent electronically to <a href="/cdn-cgi/l/email-protection#195458597469756a377f6b7b37766b7e"><span class="__cf_email__" data-cfemail="9dd0dcddf0edf1eeb3fbefffb3f2effa">[email&#160;protected]</span></a>:
    1. Nancy Ferche, individually, and as trustee of the Robert Ferche 
Revocable Trust, as amended, (the ``Ferche Trust'') and Marital Trust 
governed by the Ferche Trust agreement, all of St. Stephen, Minnesota; 
to acquire voting shares of St. Joseph Bancshares Acquisitions, Inc. 
(``Company''), and thereby indirectly acquire voting shares of Sentry 
Bank, both of Saint Joseph, Minnesota, and Sherburne State Bank, 
Becker, Minnesota (the ``Banks'').
    Additionally, Kimberly M. Juelke Revocable Trust, with Kimberly 
Juelke as trustee, both of Little Falls, Minnesota; Jason R. Ferche 
2006 Revocable Trust, as amended, with Jason Ferche as trustee, both of 
Rice, Minnesota; Tamara L. Layne Revocable Trust, with Tamara O'Hara 
(formerly known as Tamara L. Layne) as trustee, both of Sartell, 
Minnesota; and Cheryl A. Lumley Revocable Trust, as amended, with 
Cheryl Ferche (formerly known as Cheryl A. Lumley) as trustee, both of 
Sartell, Minnesota; to join the Ferche Family Control Group, a group 
acting in concert, to acquire voting shares of the Company, and thereby 
indirectly acquire voting shares of the Banks.

    Board of Governors of the Federal Reserve System.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2025-09344 Filed 5-22-25; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on May 23, 2025.

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.