98-24491. Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies

[Federal Register Volume 63, Number 176 (Friday, September 11, 1998)]
[Notices]
[Page 48732]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24491]


-----------------------------------------------------------------------

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. 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 September 28, 1998.
    A. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, 
Minneapolis, Minnesota 55480-0291:
    1. Herbert A. Lund and Ralph H. Peterson as trustees for the 
Herbert A. Lund Revocable Trust, Albert Lea, Minnesota; to acquire 
voting shares of Lake Bank Shares, Inc., Albert Lea, Minnesota, and 
thereby indirectly acquire voting shares of Security Bank Minnesota, 
Albert Lea, Minnesota, and First State Bank of Emmons, Emmons, 
Minnesota.

    Board of Governors of the Federal Reserve System, September 8, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-24491 Filed 9-10-98; 8:45 am]
BILLING CODE 6210-01-F