20 Mar 2025
🏦Change in Bank Control Notices
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve has issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. The notice outlines public inspection procedures for applications and invites public comments on the matters involved, ensuring transparency in banking governance activities.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The regulation involves Change in Bank Control Notices, affecting how business owners pursue acquisitions of bank shares. It outlines compliance and public commentary requirements that could influence strategic business decisions regarding banking partnerships.