Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
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The Federal Reserve System published a notice on March 25, 2026 listing individuals who have applied under the Change in Bank Control Act to acquire or retain shares of New York Mills Bancshares, Inc. and its subsidiary bank, Farmers & Merchants State Bank of New York Mills. Gwen Denninger, Karla Buerkle, Sara Vosper, Julie Radniecki, and Betsy Roder are seeking to join the existing Buerkle Family Shareholder Group acting in concert. The notice provides the standards the Board will consider under 12 U.S.C. 1817(j)(7) and invites public comments on the applications. Comments must be received by April 9, 2026 at the Federal Reserve Bank of Minneapolis or the Board of Governors. Application materials are available for public inspection.
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Key Changes
- Public comment deadline set for April 9, 2026
- Five named individuals (Gwen Denninger, Karla Buerkle, Sara Vosper, Julie Radniecki, Betsy Roder) seeking to join Buerkle Family Shareholder Group
- Application concerns retaining shares of New York Mills Bancshares, Inc. and Farmers & Merchants State Bank of New York Mills
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