24 Mar 2025
🏦Change in Bank Control Notices and Acquisitions Overview
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System has issued a notice regarding applications under the Change in Bank Control Act, affecting acquisitions of bank shares. Interested parties can submit comments regarding the applications, which will be publicly disclosed. The notice specifies the process for acquiring shares in banks or bank holding companies and outlines relevant public documentation.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content discusses the Change in Bank Control Act and the process for acquiring shares of a bank or bank holding company, which affects business owners considering acquisitions. Regulatory compliance and public comment opportunities highlight key considerations for executives involved in such transactions.