Federal Register #2026-21626

Federal Reserve notice on proposed acquisition of Bonanza Valley State Bank

The Federal Reserve published a regulatory notice about a proposed bank acquisition, not a procurement opportunity. - Government entities: Federal Reserve System; Board of Governors of the Federal Reserve System; Federal Reserve Bank of Minneapolis. - Application: Bonanza Valley Acquisitions, Inc., of Brooten, Minnesota, seeks to become a bank holding company by acquiring Bonanza Valley State Bank, also in Brooten. - The notice identifies no products, services, quantities, part numbers, or OEMs; there are no procurement line items.

Description

The Federal Reserve System notice concerns applications for approval under the Bank Holding Company Act and related regulations to become a bank holding company or acquire bank interests or assets. It lists an application by Bonanza Valley Acquisitions, Inc. of Brooten, Minnesota, to become a bank holding company by acquiring Bonanza Valley State Bank. Interested persons may submit written comments on the applications, which are subject to public disclosure. Comments must be received by November 23, 2026.

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