First State Bank Southwest 2002 Amended and Restated KSOP Plan and Trust, Worthington, MN intends to apply to the Federal Reserve Board for permission to acquire First Rushmore Bancorporation, Inc., Worthington, MN and thereby acquire control of Fisrt State Bank Southwest, Pipestone, MN. The Federal Reserve considers a number of factors in deciding whether to approve the application including the record of performance of banks we own in helping to meet local credit needs.
You are invited to submit comments in writing on this application to the Federal Reserve Bank of Minneapolis, P.O. Box 291, Minneapolis, MN 55480-0291. The comment period will not end before December 20, 2009 and may be somewhat longer. The Board's procedures for processing applications may be found at 12 C.F.R. Par 262. Procedures for processing protested applications may be found at 12 C.F.R. To obtain a copy of the Federal Reserves Board's procedures, or if you need more information about how to submit your comments on the application, contact Jacqueline G. King, Community Affairs Officer, at (612) 204-5470. The Federal REserve will consider your comments and any request for a public Reserve Bank on or before the last day of the comment period.
(November 19, 2009)
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