Notice of Change in Control of a Bank Holding Company


NOTICE OF CHANGE IN CONTROL

OF A BANK HOLDING COMPANY

Bradley Dean Meester, Worthington, Minnesota, intends to apply to the Federal Reserve Board for permission, as a proposed co-trustee, to acquire control of First State Bank Southwest 2010 Amended and Restated KSOP Plan and Trust, which controls 25% or more of the shares of First Rushmore Bancorporation, Inc., both of Worthington, Minnesota. First Rushmore Bancorporation, Inc. controls First State Bank Southwest, Pipestone, Minnesota. The Federal Reserve considers a number of factors in deciding whether to approve the notice.

You are invited to submit comments in writing on this notice to the Federal Reserve Bank of Minneapolis, Attention: Applications Officer, Division of Supervision, Regulation and Credit, P.O. Box 291, Minneapolis, MN 55480-0291. Comments can also be sent electronically to MA@mpls.frb.org. The comment period will not end before July 22, 2023 and may be somewhat longer. The Board’s procedures for processing applications may be found at 12 C.F.R. Part 262.25. To obtain a copy of the Federal Reserve Board’s procedures, or if you need more information about how to submit your comments on the notice, contact Chris Wangen, Assistant Vice President, at (612) 204-5087. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the notice if they are received in writing by the Reserve Bank on or before the last day of the comment period.