Notice of Change of Control
Jennifer Garst Family Trust UW dated March 18, 2022, Des Moines, Iowa, with Iowa State Bank, Des Moines, Iowa as Trustee and Elizabeth Garst, Coon Rapids, Iowa as Trust Investment Director intends to apply to the Federal Reserve Board for permission to join the Garst Family Control Group and acquire 10 percent or more of the shares and thereby control of Greene Investment Co, Jefferson, Iowa. Greene Investment Co. controls Home State Bank, Jefferson, Iowa, and Raccoon Valley Bank, Perry, Iowa. The Federal Reserve considers several factors when deciding whether to approve the notice.
You are invited to submit comments in writing on this notice to Christopher Koopmans, Senior Vice President, Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, IL 60604. The comment period will not end before July 30, 2026 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 Suchi Saxena, Community Affairs Officer and Vice President, Community Development, at (312) 322-4357; to request a copy of the notice, contact Christopher Koopmans at (312) 322-8119. The Federal Reserve will consider your comments on the notice if they are received in writing by the Reserve Bank on or before the last day of the comment period.
July 9 2026
LIOW0551702