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Change In Bank Control
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Flagship Financial Group, Inc., Eden Prairie, Minnesota -- Timothy J. Hoese, individually, and as beneficiary with voting rights to the Clayton W. Hoese Irrevocable Trust Under Agreement dated June 18, 1981, as modified September 12, 2023, all of Glencoe, Minnesota; to become a member of the Hoese/Schornack Family Shareholder Group, a group acting in concert, to retain voting shares of Flagship Financial Group, Inc., and thereby indirectly retain voting shares of Flagship Bank Minnesota, Wayzata, Minnesota, and Security Bank & Trust Company, Glencoe, Minnesota.
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Permitted,
April 9, 2024
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Fishback Financial Corporation, Brookings, South Dakota -- the Fishback-Mitchell FFC Living Trust established August 16, 2023, Amanda T. Mitchell and John T. Fishback, as co-trustees, all of San Francisco, California, to become members of the Fishback Family Shareholder Group, a group acting in concert, to retain voting shares of Fishback Financial Corporation and thereby indirectly retain voting shares of First Bank & Trust, Brookings, South Dakota.
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Permitted,
April 9, 2024
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Minnesota Community Bancshares, Inc., Albert Lea, Minnesota -- Mark J. Heinemann Trust Agreement dated January 23, 2024, Mark Heinemann and Allison Berg Heinemann, as co-trustees, all of Albert Lea, Minnesota; Leslie Heinemann and Lisbeth Heinemann, both of Flandreau, South Dakota; and Thomas T. Berg and Paula D. Berg, both of Albert Lea, Minnesota; as members of the Heinemann Family Control Group, a group acting in concert, to acquire voting shares of Minnesota Community Bancshares, Inc., and thereby indirectly acquire voting shares of Arcadian Bank, Albert Lea, Minnesota.
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Permitted,
April 4, 2024
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Stearns Financial Services, Inc., Saint Cloud, Minnesota -- the Estate of Noman C. Skalicky, Maple [Grove, Minnesota,] and the Norman C. Skalicky Revocable Trust Agreement dated December 23, 2019, Minneapolis, Minnesota, and more, to form the Hillger Control Group, a group acting in concert, to retain voting shares of Stearns Financial Services, Inc., and thereby indirectly retain voting shares of Stearns Bank National Association, Saint Cloud, Minnesota, and more.
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Permitted,
February 21, 2024
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