Notice2025-18661
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
September 25, 2025
Issuing agencies
Federal Reserve System
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 184 (Thursday, September 25, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 184 (Thursday, September 25, 2025)]
[Notices]
[Page 46199]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-18661]
-----------------------------------------------------------------------
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 October 10, 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#3f727e7f524f534c11594d5d11504d58"><span class="__cf_email__" data-cfemail="206d61604d504c530e4652420e4f5247">[email protected]</span></a>:
1. The FWK Profinium Stock Trust UAD 4.15.25, Fred W. Krahmer and
Michelle Krahmer, as co-trustees, the EIK & MFK Youth Trust, Ronald
Kopischke, as trustee, the FCK Profinium Stock Trust UAD 4.15.25, Fred
C. Krahmer, as trustee, the MFK Profinium Stock Trust UAD 4.15.25, Fred
W. Krahmer and Michelle Krahmer, as co-trustees, the Marital Trust
pursuant to Article 6 of the Constance I. Krahmer Revocable Trust, Fred
C. Krahmer, as trustee, all of Fairmont, Minnesota; the Fred W. Krahmer
Trust pursuant to Article 9 of the Constance I. Krahmer Revocable
Trust, Fairmont, Minnesota, Fred W. Krahmer, Fairmont, Minnesota, and
Peoples Bank, Rock Valley, Iowa, as co-trustees; the Ryan M. Rivers
Trust pursuant to Article 7 of the Constance I. Krahmer Revocable
Trust, Peoples Bank, as trustee, the Caitlyn M. Krahmer Trust pursuant
to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank,
as trustee, the Collin J. Kain Trust pursuant to Article 7 of the
Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, the
Ella I. Krahmer Trust pursuant to Article 7 of the Constance I. Krahmer
Revocable Trust, Peoples Bank, as trustee, the Max F. Krahmer Trust
pursuant to Article 7 of the Constance I. Krahmer Revocable Trust,
Peoples Bank, as trustee, all of Rock Valley, Iowa; each to join the
Krahmer Family Control Group, a group acting in concert, by retaining
voting shares of Profinium Financial Holdings, Inc., Fairmont,
Minnesota, and thereby indirectly retaining voting shares of Profinium,
Inc., Truman, Minnesota. Fred C. Krahmer and Fred W. Krahmer are
members of the Krahmer Family Control Group and were each previously
permitted by the Federal Reserve System to acquire control of voting
shares of Profinium Financial Holdings, Inc.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2025-18661 Filed 9-24-25; 8:45 am]
BILLING CODE P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on September 25, 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.