18 Jun 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 System has issued a notice regarding applications for acquiring shares of banks or bank holding companies. The public has the opportunity to comment on these applications, emphasizing transparency in the approval process. The notice provides details on how to express views and the associated regulatory framework under the Change in Bank Control Act.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The notice pertains to applications under the Change in Bank Control Act, affecting business owners and executives involved in bank acquisitions. It outlines the public comment process, indicating that transparency and stakeholder engagement are expected in such transactions. The requirements to disclose certain information could affect their strategy and compliance.