18 Jul 2025
🏦Change in Bank Control Notices by Federal Reserve
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It emphasizes public participation and compliance standards necessary for such acquisitions, providing insights into regulatory procedures and stakeholder engagement.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The text involves regulatory compliance regarding the Change in Bank Control Act, affecting business owners and bank executives who may seek to acquire shares. It highlights the necessity for public comment on proposed acquisitions, which could impact strategic decisions.