NOTICE OF APPLICATION FOR ACQUISITION OF A BANK BY A BANK HOLDING COMPANY Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota, intends to apply to the Federal Reserve Board for permission to acquire additional shares and thereby increase its ownership interest in Security State Bank Holding Company, Fargo, North Dakota up to a maximum of 41%, and thereby indirectly increase its control of Bank Forward, Fargo, North Dakota. 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, Attention: Applications Officer, Division of Supervision, Regulation and Credit, P.O. Box 291, Minneapolis, MN 55480-0291. Comments can also be sent electronically to The comment period will not end before August 26, 2022 and may be somewhat longer. The Board’s procedures for processing applications may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may be found at 12 C.F.R. 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 application, 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 application if they are received in writing by the Reserve Bank on or before the last day of the comment period. (July 27, 2022) 84690