[Federal Register Volume 77, Number 2 (Wednesday, January 4, 2012)]
[Notices]
[Pages 284-285]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-33697]


=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    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 shares of 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

[[Page 285]]

Reserve Bank indicated. The notices also will 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 January 18, 2012.
    A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Gladys E. Youse Trust and Madolyn Y. Babcock both of 
Minneapolis, Minnesota, to acquire additional shares of Metro North 
Bancshares, Inc. and thereby indirectly acquire control of The Bank of 
Elk River, both of Elk River, Minnesota. Additionally, The Gladys E. 
Youse Trust, and its trustee, Madolyn Y. Babcock, propose to join the 
Babcock family shareholder group, which controls 25% or more of Metro 
North Bancshares, Inc.

    Board of Governors of the Federal Reserve System, December 28, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-33697 Filed 1-3-12; 8:45 am]
BILLING CODE 6210-01-P