Aggregated News From Investment Management Regulators

Federal Reserve Board announces approval of application by Bern Bancshares, Inc.

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The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Bern Bancshares, Inc., Bern, Kansas, to increase its ownership interest from 6.38 percent to 6.74 percent of the voting shares of UBT Bancshares, Inc., which wholly owns United Bank & Trust, both of Marysville, Kansas.

Attached is the Board’s order relating to this action.

Attachment (PDF)

This news item was originally published by the Federal Reserve Board (FRB US). For more information, please see the Source Link.

Regulator Information

Regulator Name: Federal Reserve System
Abbreviation: FRB US
Jurisdiction: United States

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