[Federal Register Volume 82, Number 77 (Monday, April 24, 2017)]
[Notices]
[Pages 18907-18908]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08150]


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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

[[Page 18908]]

Control 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 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than May 9, 2017.
    A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Asif M. Dakri and Faizel M. Dakri, Houston, Texas; to acquire 
voting shares of Wallis Bancshares, Inc. (``Wallis Bancshares''), 
Houston, Texas, and thereby indirectly acquire voting shares of Wallis 
State Bank, Wallis, Texas; and Musa A. Dakri, Asif M. Dakri, Faizel M. 
Dakri, the Dakri Family 2012 GST Trust for Asif M. Dakri, and the Dakri 
Family 2012 GST Trust for Faizel M. Dakri, all of Houston Texas, as a 
group acting in concert, to acquire voting shares of Wallis Bancshares.
    B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. James Richard Sankovitz, Chaska, Minnesota; individually and as 
trustee of the Irrevocable Trust Agreement for the benefit of Katherine 
M. Buland (``Buland Trust''), to acquire voting shares of Frankson 
Investment Corporation (``Frankson''), and thereby indirectly acquire 
shares of The First National Bank of Waseca, all of Waseca, Minnesota; 
and the Buland Trust (James Sankovitz, Thomas Sankovitz, and Ann 
Gaytko, as trustees) and Bernard Gaytko, Waseca, Minnesota, to retain 
voting shares of Frankson and join the Sankovitz family shareholder 
group which was previously approved to control Frankson, as a group 
acting in concert.

    Board of Governors of the Federal Reserve System, April 18, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-08150 Filed 4-21-17; 8:45 am]
 BILLING CODE 6210-01-P