Notice2026-07116
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 13, 2026
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 91 Issue 70 (Monday, April 13, 2026)</title>
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[Federal Register Volume 91, Number 70 (Monday, April 13, 2026)]
[Notices]
[Page 18865]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-07116]
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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,
Benjamin W. McDonough, Secretary of the Board, 20th Street and
Constitution Avenue NW, Washington DC 20551-0001, not later than April
28, 2026.
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#bdf0fcfdd0cdd1ce93dbcfdf93d2cfda"><span class="__cf_email__" data-cfemail="074a46476a776b742961756529687560">[email protected]</span></a>:
1. The Zachariah Spalj Escrow Trust, the Kalina Spalj Escrow Trust,
the Megan Ritter Escrow Trust, the Joe Ritter Escrow Trust, and the
Natalie Ritter Escrow Trust, John Ohlin, as trustee of all
aforementioned trusts, all of Baxter, Minnesota; to become members of
the Spalj Family Control Group, a group acting in concert, to acquire
voting shares of Deerwood Bancshares, Inc., Baxter, Minnesota, and
thereby indirectly acquire voting shares of Deerwood Bank, Waite Park,
Minnesota. John Ohlin was previously permitted by the Federal Reserve
System to acquire voting shares of Deerwood Bancshares, Inc., and to
join the Spalj Family Control Group.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-07116 Filed 4-10-26; 8:45 am]
BILLING CODE P
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