Notice2026-17412
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
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
August 26, 2026
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 91 Issue 164 (Wednesday, August 26, 2026)</title>
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[Federal Register Volume 91, Number 164 (Wednesday, August 26, 2026)]
[Notices]
[Pages 55096-55097]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-17412]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other
applicable statutes and regulations to become a bank holding company
and/or to acquire the assets or the ownership of, control of, or the
power to vote shares of a bank or bank holding company and all of the
banks and nonbanking companies owned by the bank holding company,
including the companies listed below.
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 the BHC Act (12 U.S.C. 1842(c)). If the proposal also
involves the acquisition of a nonbanking company, the review also
includes whether the acquisition of the nonbanking company complies
with the standards in section 4 of the BHC Act (12 U.S.C. 1843), and
interested persons may express their views in writing on the standards
enumerated in section 4. Unless otherwise noted, nonbanking activities
will be conducted throughout the United States.
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
September 25, 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#135e52537e637f603d7561713d7c6174"><span class="__cf_email__" data-cfemail="3c717d7c514c504f125a4e5e12534e5b">[email protected]</span></a>:
1. Versa Bancorp, Minneapolis, Minnesota; to become a bank holding
company by acquiring VersaHoldings US Corp, London, Ontario, Canada
(``VersaHoldings''), and thereby indirectly acquiring VersaBank USA
[[Page 55097]]
National Association, Holdingford, Minnesota (``VersaBank USA'').
In addition, Versa Bancorp, through the acquisition of VersaFinance
US Corp., London, Ontario, Canada, to engage in extending credit and
servicing loans and data processing pursuant to sections 225.28(b)(1)
and 225.28(b)(14) of the Board's Regulation Y, respectively.
In addition, GBH Inc., Breslau, Ontario, Canada; to acquire 24.34
percent of the voting shares of Versa Bancorp, and thereby indirectly
retain voting shares of VersaHoldings and VersaBank USA.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-17412 Filed 8-25-26; 8:45 am]
BILLING CODE P
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