12 Mar 2025
🏦Regulatory Notice
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 under the Change in Bank Control Act. The public can comment on applications, which must be received by a specified date. Furthermore, applications and related filings are available for public inspection.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document outlines compliance requirements regarding acquisitions under the Change in Bank Control Act. Banks considering acquisitions must adhere to specific filing and commenting processes, which can affect operational strategy and investment decisions.