Skip to Content


Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) Start Printed Page 8940(BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below.

The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States.

Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 27, 2017.

A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, IL 60690-1414

1. Audubon County Investment Company, Audubon, Iowa; to acquire Audubon State Bank, also from Audobon, Iowa.

B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

1. Wadena Bankshares, Inc., Wadena, Minnesota; to acquire FNB Acquisition Holding Corporation, Minnesota and indirectly acquire First National Agency of Wadena, and The First National Bank, both of Wadena, Minnesota.

C. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments can also be sent electronically to

1. Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan Brandon, Mississippi; to acquire an additional 0.46 percent, for a total of 17.7 percent, of the voting shares of Community Bancshares of Mississippi, Inc., Mississippi, and thereby indirectly acquire Community Bank of Mississippi, Forest, Mississippi; Community Bank of Ellisville, Ellisville, Mississippi; Community Bank of North Mississippi, Amory, Mississippi; Community Bancshares Coast, Inc., Brandon, Mississippi; and Community Bank Coast, Biloxi, Mississippi.

Start Signature

Board of Governors of the Federal Reserve System, January 26, 2017.

Yao-Chin Chao,

Assistant Secretary of the Board.

End Signature End Preamble

[FR Doc. 2017-02062 Filed 1-31-17; 8:45 am]