23 May 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 is accepting applications for changes in bank control under the Change in Bank Control Act. Interested parties can publicly comment on applications for acquiring shares of banks and bank holding companies, emphasizing the importance of transparency and compliance in financial dealings within the banking sector.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document outlines a regulatory process for acquiring shares of banks or bank holding companies, affecting business owners and executives seeking to expand or consolidate their banking interests. Compliance with the Change in Bank Control Act is necessary for potential acquirers, indicating a regulatory scrutiny that may impact strategic decisions.