2025-22252: Formations of, Acquisitions by, and Mergers of Bank Holding Companies

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What this rule does

2025-22252 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies. Notice.

Plain-language description generated by AI — not the agency’s official summary, which we have not captured for this rule. Read the official text →

The rule, in full

476 words as published, December 08, 2025. View the original →

Federal Register, Volume 90 Issue 233 (Monday, December 8, 2025) [Federal Register Volume 90, Number 233 (Monday, December 8, 2025)] [Notices] [Page 56761] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-22252] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies 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.) (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 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 the BHC Act (12 U.S.C. 1842(c)). Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Benjamin W. McDonough, Deputy Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than January 7, 2026.

A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice

President) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments can also be sent electronically to [email protected]:

1. Pinnacle Financial Corporation, Elberton, Georgia; to merge with

Morris State Bancshares, Inc., and thereby indirectly acquire Morris Bank, both of Dublin, Georgia.

B. Federal Reserve Bank of Minneapolis (Mark Nagle, Assistant Vice

President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. Comments can also be sent electronically to [email protected]:

1. Stearns Financial Services, Inc. Employee Stock Ownership Plan

and Trust, Saint Cloud, Minnesota; to acquire up to 25.02 percent of the voting shares of Stearns Financial Services, Inc., and thereby indirectly acquire voting shares of Stearns Bank National Association, both of Saint Cloud, Minnesota. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2025-22252 Filed 12-5-25; 8:45 am] BILLING CODE P

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