5 Feb 2025
🏦Change in Bank Control Notices and Financial Implications
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System issued a notice regarding applications for bank control changes involving share acquisitions. The notice outlines the public inspection process for filings, invites public comments, and specifies the regulations governing these actions under the Change in Bank Control Act.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content discusses applications under the Change in Bank Control Act for acquiring shares of a bank or bank holding company, which impacts business owners and executives involved in acquisitions, strategic investments, and financial transactions in the banking sector.