9 Jun 2025
🏦Regulatory Notice on Bank Control and Acquisitions
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System announced application procedures under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. Notificants must comply with specific standards during the application process, which are subject to public comment and disclosure. Interested parties can express their views regarding applications under review.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content discusses regulatory requirements and processes under the Change in Bank Control Act, which directly impacts business owners and executives seeking to acquire shares in banks or bank holding companies. Compliance with the outlined procedures is crucial for such acquisitions, thus affecting strategic business decisions.