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Federal Reserve System Reviews Proposed Ownership Changes at Illinois and Minnesota Bank Holding Companies
April 04, 2025
WASHINGTON, April 4 (TNSFR) -- The Federal Reserve System has announced the receipt of applications under the Change in Bank Control Act from individuals seeking to acquire or retain shares in two U.S. bank holding companies, with implications for control over community banks based in Illinois and Minnesota. The filings were disclosed in a notice published in the Federal Register on April 4, 2025.

In Illinois, a broad coalition of individuals associated with the Mensching Family Gro . . .

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