Monday - February 23, 2026
Federal Reserve System Received Applications for Control of Todd Bancshares, Magnolia Banking
February 10, 2026
WASHINGTON, Feb. 10 (TNSFR) -- The Federal Reserve System has received applications from multiple groups seeking to retain voting shares of bank holding companies in Arkansas and Kentucky under the Change in Bank Control Act. These filings involve several family groups seeking control of Todd Bancshares Inc. and Magnolia Banking Corp.

The Shanks Family Control Group, Buckley Family Control Group, and Hampton Family Control Group, all based primarily in Trenton and Pembroke, Kentucky . . .

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