Search Results for citation:"89 FR 103827"

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Search Results: citation:"89 FR 103827"

  • Type:Notice
    Citation:89 FR 103827
    Reading Time:about a minute or two

    The Federal Reserve System has released a notice about companies seeking approval to form or acquire bank holding companies. These applications are pursuant to the Bank Holding Company Act and related regulations. One notable application is from Winchester Bancorp, MHC, which aims to become a bank holding company by acquiring a majority stake in Winchester Bancorp, Inc., and thus gain control over Winchester Savings Bank. The public can access the applications for inspection and are invited to submit comments by January 21, 2025.

    Simple Explanation

    The notice from the Federal Reserve System is about some companies asking permission to own banks. One company, Winchester Bancorp, wants to buy a lot of another bank to be in charge of it, and people can read about this and share their thoughts by January 21, 2025.

  • Type:Notice
    Citation:89 FR 103827
    Reading Time:about a minute or two

    The Federal Deposit Insurance Corporation (FDIC) Board of Directors held a closed meeting on December 17, 2024, at 10:45 a.m. in Washington, DC. They discussed FDIC’s resolution, supervision, and corporate activities. The meeting was called on short notice, as deemed necessary by the Board, and was closed to the public to maintain confidentiality as per the "Government in the Sunshine Act." For more details, Debra A. Decker, the Executive Secretary, can be contacted.

    Simple Explanation

    The FDIC board had a secret meeting to talk about important things they do, and they didn't invite the public because they needed to keep it private. They had to meet quickly, but they didn't explain exactly why it was such a hurry or what rules allowed them to keep it secret.

  • Type:Notice
    Citation:89 FR 103827
    Reading Time:about a minute or two

    The Federal Communications Commission (FCC) has renewed the charter for the Consumer Advisory Committee, allowing it to continue its work for another two years until October 2026. This committee will give recommendations to the FCC about consumer needs and will hold public meetings, either in person or via teleconference. The meetings will be fully accessible to individuals with disabilities, and all information will be shared openly. The committee's activities will follow the Federal Advisory Committee Act requirements, ensuring transparency and public access to records.

    Simple Explanation

    The group that gives advice to the FCC about what people need when using phones and the internet gets to keep doing its important work for two more years. They will meet to talk about ideas and make sure everyone can understand, including people with disabilities.