[Federal Register Volume 61, Number 57 (Friday, March 22, 1996)]
[Notices]
[Pages 11845-11846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6917]



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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of Banks 
or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notices have been accepted for 
processing, they will also be available for inspection at the offices 
of the Board of Governors. Interested persons may express their views 
in writing to the Reserve Bank indicated for that notice or to the 
offices of the Board of Governors. Comments must be received not later 
than April 5, 1996.
    A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Kenneth Erie, Benidji, Minnesota; to acquire an additional 35.62 
percent, for a total of 55.87 percent, of the voting shares of MEDR 
Bankshares, Inc., Erskine, Minnesota, and thereby indirectly acquire 
American State Bank of Erskine, Erskine, Minnesota, and Twin Valley 
State Bank, Twin Valley, Minnesota.


[[Page 11846]]

    Board of Governors of the Federal Reserve System, March 18, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-6917 Filed 3-21-96; 8:45 am]
BILLING CODE 6210-01-F