Notice is hereby given that Border State Bank, 133 Main Street North, Greenbush, Roseau County, Minnesota 56726 has made application to the Minnesota Department of Commerce and the Federal Deposit Insurance Corporation for consent to acquire through merger First Advantage Bank, 9950 Foley Boulevard Northwest, Coon Rapids, Anoka County, Minnesota 55433 and to establish a detached facility at: 9950 Foley Boulevard Northwest, Coon Rapids, Anoka County, Minnesota 55433 (DF 1345). It is contemplated that business locations of the merged banks will continue to be operated. The applications were made pursuant to Minnesota Statutes, Sections 49.33 to 49.41, and 47.51 to 47.57 plus Section 18 (c) of the Federal Deposit Insurance Act. The above applications were filed with the Minnesota Department of Commerce on May 11, 2016.
This notice is being published in the Tribune, Greenbush, on May 26, June 2, and June 16, 2016; and in the Anoka County Union Herald, Coon Rapids, on May 27, June 3, and June 17, 2016.
Any person, bank, or other financial institution has a right to file written communication in favor of or against the applications described above. Written comments will become a part of the public record on the applications and should be addressed to:
M. Shane Deal, Deputy Commissioner James D. LaPierre, Regional Director
Minnesota Department of Commerce Federal Deposit Insurance Corporation
Division of Financial Institutions 1100 Walnut Street
85 7th Place East, Suite 500 Suite 2100
St. Paul, Minnesota 55101 Kansas City, Missouri 64106
Written comments to the Minnesota Department of Commerce must be received within fifteen (15) calendar days after the publication date in Greenbush and Coon Rapids, Minnesota pursuant to Minnesota Statutes, Section 47.54. An administrative hearing in accordance with the provisions of the Administrative Procedure Act, Minnesota Statutes, Chapter 14, may be ordered at the discretion of the Commissioner to hear testimony and to take evidence in favor of or against the applications. In addition, the non-confidential sections of the applications are available for review at the Minnesota Department of Commerce in St. Paul. For an appointment for public review or for information on copies and related charges, please telephone (651) 539-1714 during normal business hours of 8:00 a.m. to 4:00 p.m.
Any person wishing to comment on this application may file his or her comments in writing with the Regional Director of the Federal Deposit Insurance Corporation at its regional office located at 1100 Walnut Street, Suite 2100, Kansas City, Missouri 64106 not later than June 25, 2016. The non-confidential portions of the application are on file in the regional office and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.
Border State Bank
133 Main Street North
Greenbush, Minnesota 56726
Minnesota Bank Charter 1608
FDIC Certificate No. 15684
(May 25, June 1 & June 15, 2016)