Federal Register #2026-22070

Federal Reserve notice of bank and bank holding company share-control applications

The Federal Reserve System published a notice concerning applications to acquire or retain voting shares in banks and bank holding companies. - Government buyer and offices: Federal Reserve System; application offices are the Federal Reserve Banks of Chicago, Kansas City, and Dallas. - Applicants and entities: Jacob Edward Schubert and Devon Mensching Schubert seek to join the Mensching Family Control Group in connection with Itasca Bancorp Inc. and Itasca Bank and Trust Co. Richard D. Burns and Janet C. Walsh seek shares in CMJR Investments, Inc. and indirectly The Lyndon State Bank; Patrick G. Walsh and Carmen M. Burns seek to join the Burns Family Control Group to retain shares in those entities. Klinka Lollar Austin seeks to join the Austin/Chapman Family Control Group to retain shares in Capital Bancorp, Inc. and indirectly Capital Bank. - Procurement scope: No products, services, quantities, part numbers, OEMs, or vendors are requested. - Notable information: The notice concerns applications under the Change in Bank Control Act and Regulation Y and invites written public comments; public portions of the applications are available for inspection.

Description

The Federal Reserve System notice concerns applications under the Change in Bank Control Act and Regulation Y to acquire shares of banks or bank holding companies. It lists applications to acquire or retain voting shares and to join family control groups acting in concert. Interested persons may submit written comments on the applications by November 13, 2026. The public portions of the applications are available for inspection at the identified Federal Reserve Banks and the Board of Governors.

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