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Search Results: keywords:"First Bank

  • Type:Notice
    Citation:86 FR 8793
    Reading Time:about 2 minutes

    The Federal Reserve System is publishing a notice regarding several applications under the Change in Bank Control Act. The notice lists individuals from the Tutera Family Group applying to acquire or retain shares in Central Bancshares of Kansas City and its subsidiary, Central Bank of Kansas City. Public filings and related documents are available for inspection at the Federal Reserve Bank of Kansas City and the Board of Governors. Interested parties have until February 24, 2021, to submit comments on the applications.

    Simple Explanation

    The Federal Reserve System is letting people know that some members of the Tutera family want to buy or keep more pieces of a bank in Kansas City. People can also tell the Federal Reserve what they think about this, but only until February 24, 2021.

  • Type:Notice
    Citation:90 FR 8716
    Reading Time:about a minute or two

    The Federal Reserve System has announced a series of applications where specific individuals and Grand Bancorp, Inc. have proposed acquiring shares of Stark Bancshares, Inc. This acquisition would indirectly allow them to gain shares of LimeBank, both located in Bolivar, Missouri. The public can view the applications at Federal Reserve Banks and submit comments, which are publicly disclosed and should not include confidential information, by February 18, 2025. Comments may be submitted in writing or electronically, and further information can be found through the Federal Reserve Board's website.

    Simple Explanation

    The Federal Reserve System is looking at people who want to buy parts of a bank, and they are asking everyone to share their thoughts about it by a certain date. They want you to know that anything you say will be shared with everyone, so be careful with what personal stuff you include.

  • Type:Notice
    Citation:89 FR 95788
    Reading Time:about a minute or two

    The Federal Reserve System has received applications under the Change in Bank Control Act for individuals in the Gerber family to acquire voting shares of Chippewa Valley Agency, Ltd., and Chippewa Valley Bank in Hayward, Wisconsin. The applications are available for public inspection and comments, which are subject to public disclosure, can be submitted by December 18, 2024, to the Federal Reserve Bank of Minneapolis or the Board of Governors in Washington, DC. Interested individuals are warned to avoid including confidential information in their comments.

    Simple Explanation

    Imagine a family wants to buy part of a bank, and they ask the important bank bosses for permission. The bank bosses tell everyone about this and say to the people, "Hey, if you have anything to say about it, let us know by December 18, but remember that anything you say will be shared with others.”

  • Type:Notice
    Citation:86 FR 539
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares in banks or bank holding companies. These applications are being reviewed based on specified factors from the Act. Public information about these applications can be accessed at Federal Reserve Banks and the Board of Governors' offices or requested online. Comments from the public are welcomed, provided they are submitted by January 21, 2021, to the appropriate authorities.

    Simple Explanation

    The Federal Reserve System wants to know what people think about some people trying to buy big parts of banks. They are listening to everyone's ideas and thoughts until January 21, 2021, to help them decide if these people should be allowed to do it.

  • Type:Notice
    Citation:90 FR 16682
    Reading Time:about a minute or two

    The document is a notice from the Federal Reserve System, published in the Federal Register. It details applications submitted under the Change in Bank Control Act, specifically regarding individuals or entities seeking to acquire shares in banks or bank holding companies. The notice lists two specific applications: one involving Todd J. Anderson and the Peter and Marie Anderson Living Trust aiming to retain shares of Koda Bancor, Inc., and another involving Karen L. Schumacher to gain control over shares of the same institution through the KodaBank Employee Stock Ownership Plan. The document invites the public to submit comments by May 6, 2025, and provides instructions for accessing application details or submitting feedback.

    Simple Explanation

    The Federal Reserve System is telling people about some folks trying to buy shares in a bank, and they want to know what others think about it by May 6, 2025. They mention how to share your thoughts, but it might be a bit confusing.

  • Type:Notice
    Citation:90 FR 13364
    Reading Time:about 4 minutes

    The Federal Reserve System has received applications from several trusts and individuals who want to acquire shares of Berco, Inc., which controls The Bennington State Bank in Salina, Kansas. The applicants, acting as the Berkley Family Group, aim to retain voting shares of the bank. The public can view these applications at the specified Federal Reserve Bank and submit comments by April 7, 2025. Comments are subject to public disclosure and should not contain confidential information.

    Simple Explanation

    The Federal Reserve received applications from a group of people and trusts who want to buy shares of a company that controls a bank in Kansas. People can look at these applications or give their thoughts until April 7, 2025.

  • Type:Notice
    Citation:86 FR 8016
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from several individuals and trusts to acquire shares in a bank or bank holding company. This is under the Change in Bank Control Act and the Board's Regulation Y. Details of these applications are available for public viewing at the specified Federal Reserve Banks or the Board of Governors' offices. Interested parties can submit their comments on these applications by February 18, 2021.

    Simple Explanation

    People want to buy pieces of a bank, and the big boss group needs to check if it's okay. Anyone who wants to say something about this has until February 18, 2021, to do so.

  • Type:Notice
    Citation:86 FR 9504
    Reading Time:about a minute or two

    The Federal Reserve System has announced that several individuals have applied to purchase shares of a bank or bank holding company under the Change in Bank Control Act. These applications and related filings are open for public inspection at designated Federal Reserve Banks, and members of the public can submit written comments about these applications by March 3, 2021. One specific application involves Scott A. Schoenmann from Wisconsin, who wants to retain voting shares in The Peoples Community Bancshares, Inc., and indirectly in The Peoples Community Bank. The notice is officially recorded under the document number 2021-03050 and includes information on where further details can be accessed.

    Simple Explanation

    The Federal Reserve System is letting people know that there are plans for some individuals to buy parts of a bank, and they can give their opinions about it. One person from Wisconsin, Scott A. Schoenmann, wants to keep some say in his bank, and everyone can check the details and share thoughts until March 3, 2021.

  • Type:Notice
    Citation:90 FR 13487
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares of a bank or bank holding company. Specifically, the Petrie Grandchildren Trust and related entities want to retain and acquire voting shares of Merchants Bancorp and Merchants Bank of Indiana in Carmel, Indiana. The public can view and comment on these applications, but comments need to be received by April 8, 2025, and may be disclosed to the public. The Federal Reserve Bank of Chicago is handling the applications, and comments can be submitted electronically or by mail.

    Simple Explanation

    The Federal Reserve is looking at whether certain people, like a group called the Petrie Grandchildren Trust, can buy shares in a bank called Merchants Bank of Indiana. People can say what they think about this, as long as they do it by a specific date, but they should be careful not to share any private information they want to keep secret.

  • Type:Notice
    Citation:89 FR 95213
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications under the Change in Bank Control Act from individuals and trusts seeking to acquire shares of banks or bank holding companies. These applications are available for public inspection at the relevant Federal Reserve Banks and online. Interested individuals can submit their comments, which are publicly disclosed, before December 17, 2024. For example, William F. Dugan from Nebraska intends to acquire shares in Flatirons Bank, and the Glenn R. Hamilton Trust, along with Glenn Hamilton and Marsha Hamilton, is looking to maintain and extend their control over Community First Bank in Missouri.

    Simple Explanation

    The Federal Reserve System is looking at requests from people who want to buy parts of some banks. These requests can be looked at online, and anyone can say what they think about it before December 17, 2024.

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