Search Results for citation:"90 FR 8296"

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Search Results: citation:"90 FR 8296"

  • Type:Notice
    Citation:90 FR 8296
    Reading Time:about a minute or two

    The Federal Reserve System has published a notice about individuals applying to gain control over shares of a bank or bank holding company under the Change in Bank Control Act. These applications are available for public inspection at Federal Reserve Banks and the Board of Governors' offices. People are encouraged to express their opinions in writing about these applications, with a deadline for comments set as February 12, 2025. An example of such an application involves Guido E. Hinojosa Cardoso, who seeks to join a control group to acquire shares of Anchor Bancorp Inc. and Anchor Bank in Florida.

    Simple Explanation

    The government is letting people know that some folks want to buy lots of shares in a bank, and they're asking everyone what they think about it. People can write in to share their opinions, but they need to do it before February 12, 2025.

  • Type:Notice
    Citation:90 FR 8296
    Reading Time:about 9 minutes

    The Federal Trade Commission (FTC) is seeking public input on its plan to extend the current information collection requirements under the Alternative Fuels Rule for another three years. This initiative is done in line with the Paperwork Reduction Act of 1995. The Rule necessitates uniform labeling for alternative fuels and vehicles, helping consumers make informed choices. Comments must be sent by March 31, 2025, and more details on how to submit comments are available on the www.regulations.gov website.

    Simple Explanation

    The Federal Trade Commission wants to keep collecting information about special fuels for cars for three more years. They are asking people to tell them what they think before they decide.

  • Type:Notice
    Citation:90 FR 8296
    Reading Time:about 2 minutes

    The Federal Reserve System published a notice regarding applications from several companies seeking approval to become or acquire bank holding companies. The process is regulated under the Bank Holding Company Act of 1956 and other relevant laws. This notice lists specific applications, including the Lindsey Family Trust's proposal to acquire The Trust Bank in Georgia, Morning Sun Bank Corp.'s plan to acquire First Trust and Savings Bank in Iowa, and Old National Bancorp's acquisition of Bremer Bank in Minnesota. The public can inspect these applications and submit comments, which will be publicly disclosed.

    Simple Explanation

    The Federal Reserve is like a big helper that checks if companies can become or buy banks. They’re looking at three companies' plans to buy banks right now. People can learn about these plans and tell the helpers what they think by a certain day.