Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 69331 [2020-24183]

Agencies

• FEDERAL RESERVE SYSTEM

[Federal Register Volume 85, Number 212 (Monday, November 2, 2020)]
[Notices]
[Page 69331]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-24183]


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

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 (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 
applications are set forth in paragraph 7 of the Act (12 U.S.C. 
1817(j)(7)).
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in paragraph 7 of the Act.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington, DC 20551-0001, not later than November 17, 2020.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Songer Farms, Inc., David A. Songer, both of Veedersburg, 
Indiana; together with Jahn S. Songer, Beverly D. Songer and minor 
children, all of Veedersburg, Indiana; Tracy Songer Wright, Columbus, 
Indiana, Barbara L. Songer, Rotonda West, Florida; Suzanne N. Kunkle 
and Aaron H. Kunkle, both of Indianapolis, Indiana; and Marci S. Roark, 
Navarre, Florida; to join Stephen A. Songer, Veedersburg, Indiana, and 
form the Songer Family Control Group, a group acting in concert to 
retain 25 percent or more of the voting shares of Veedersburg Bank 
Corporation, and thereby indirectly retain 25 percent or more of the 
voting shares of CentreBank, both of Veedersburg, Indiana.
    2. The Theodore G. Saltzman Jr. Bank Trust, Theodore Saltzman as 
trustee, both of Dakota Dunes, South Dakota; to replace the Saltzman 
Family Control group and become members of a group acting in concert to 
retain 25 percent or more of the voting shares of Pioneer Development 
Company and indirectly retain 25 percent or more of the voting shares 
of Pioneer Bank, both of Sergeant Bluff, Iowa. In addition, The Sundae 
M. Haggerty Irrevocable Bank Trust, Shennen S.C. Saltzman, as trustee, 
The Shennen S.C. Saltzman Bank Trust, Shennen Saltzman, as trustee, all 
of Dakota Dunes, South Dakota; The Shennen S.C. Saltzman Irrevocable 
Bank Trust, Sundae Haggerty, as trustee, and The Sundae M. Haggerty 
Bank Trust, Sundae Haggerty, as trustee, all of South Sioux City, 
Nebraska; to replace the Saltzman Family Control group and become 
members of a group acting in concert to acquire 25 percent or more of 
the voting shares of Pioneer Development Company and indirectly acquire 
25 percent or more of the voting shares of Pioneer Bank.
    B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. The 2017 Porter Loomis Legacy Trust, John Porter Loomis, as 
trustee and both as members of the Loomis Family Group, both of Pratt, 
Kansas, The Adele Krey Loomis Revocable Trust, Anne Marie Sadowski 
Loomis, both of Pratt, Kansas, and Adele Krey Loomis, as co-trustees, 
Stamford, Connecticut, The KLW Stock Trust, Linda M. Loomis, both of 
Iuka, Kansas, and Katherine L. Work, as co-trustees, La Canada 
Flintridge, California, The Margaret P. Hellmuth Stock Trust, Linda M. 
Loomis, both of Iuka, Kansas and Margaret P. Hellmuth, as co-trustees, 
Glencoe, Illinois, and The Victoria K. Thompson Stock Trust, Iuka, 
Kansas, Linda M. Loomis and Victoria K. Thompson, as co-trustees, Santa 
Cruz, California; to become members of the Loomis Family Group, a group 
acting in concert to acquire voting shares of The Peoples Bankshares 
Ltd. and thereby indirectly acquire The Peoples Bank, both in Pratt, 
Kansas. In addition, The Linda M. Loomis Revocable Trust, Linda M. 
Loomis, as trustee, The Joseph F. Loomis Revocable Trust, Joseph F. 
Loomis and Linda M. Loomis, co-trustees, all of Iuka, Kansas, The John 
Porter Loomis Revocable Trust, J. Porter Loomis and Anne Marie Sadowski 
Loomis, as co-trustees, all of Pratt, Kansas, to become members of the 
Loomis Family Group, a group acting in concert to retain voting shares 
and acquire additional voting shares of Peoples Bankshares Ltd. and 
thereby indirectly retain voting shares and acquire additional voting 
shares of the Peoples Bank. Finally, Anne Marie Sadowski Loomis Trust, 
Anne Marie Sadowski Loomis and John Porter Loomis, as co-trustees, to 
become members of the Loomis Family Group and retain voting shares of 
Peoples Bankshares Ltd. and thereby indirectly retain voting shares of 
the Peoples Bank.

    Board of Governors of the Federal Reserve System, October 28, 
2020.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2020-24183 Filed 10-30-20; 8:45 am]
BILLING CODE P