Federal Reserve Issues Change-in-Control Notices for Three Bank Acquisitions

The Board of Governors of the Federal Reserve System published notice FR Doc 2026-22070 in the Federal Register (Vol. 91, No. 208, Oct. 29, 2026, p. 68150) announcing three applications filed under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (12 CFR 225.41). The applications seek approval to acquire voting shares of banks or bank holding companies.

A. Jacob Edward Schubert and Devon Mensching Schubert, as custodian for a minor child, request to join the Mensching Family Control Group to acquire voting shares of Itasca Bancorp Inc. and indirectly acquire voting shares of Itasca Bank and Trust Co., both located in Itasca, Illinois.

B. Richard D. Burns and Janet C. Walsh propose to acquire voting shares of CMJR Investments, Inc., thereby indirectly acquiring voting shares of The Lyndon State Bank in Lyndon, Kansas. In addition, Patrick G. Walsh and Carmen M. Burns seek to join the Burns Family Control Group to retain voting shares of CMJR and indirectly retain voting shares of LSB. Burns and Walsh have previously been permitted to be members of the Burns Family Control Group.

C. Klinka Lollar Austin intends to join the Austin/Chapman Family Control Group to retain voting shares of Capital Bancorp, Inc., thereby indirectly retaining voting shares of Capital Bank in Houston, Texas.

The public portions of these applications are available for inspection at the Federal Reserve Banks of Chicago, Kansas City, and Dallas, and at the Board's offices. Comments must be submitted to the indicated Reserve Bank or to Benjamin W. McDonough, Secretary of the Board, at 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, no later than November 13, 2026. Comments are subject to public disclosure and will be released without alteration, except for removal of personal or confidential identifiers. The Board's Freedom of Information Office can provide expedited copies upon request.