Search Results for keywords:"Change in Bank Control"

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Search Results: keywords:"Change in Bank Control"

  • Type:Notice
    Citation:90 FR 10638
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from individuals and family trusts known as the Jones Control Group. They are seeking permission to retain shares and control of the Commercial National Corporation in Texas and its related financial entities. The public is invited to comment on these applications by March 12, 2025, and such comments will be publicly accessible. Any comments should be sent to the Federal Reserve Bank of Dallas or the Board of Governors.

    Simple Explanation

    The Federal Reserve is checking if the Jones family can keep owning part of a bank in Texas. People can tell the Reserve what they think about this until March 12, 2025.

  • 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:90 FR 12317
    Reading Time:about a minute or two

    The Federal Reserve System has announced that several people from the Wilson family in Ava, Illinois, have applied to maintain control over the Headquarters Holding Company. This control allows them to indirectly hold shares in The First National Bank of Ava. The public can review parts of these applications online or at the Federal Reserve offices and submit written comments by April 1, 2025. Comments submitted will be publicly disclosed, so people should avoid including confidential information.

    Simple Explanation

    The Federal Reserve System is letting people know that a family in Illinois wants to keep owning part of a bank, and if people have thoughts about this, they can write them down and send them in.