Search Results for keywords:"Federal Reserve Bank"

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Search Results: keywords:"Federal Reserve Bank"

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  • 2021-03952 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 11775
    Reading Time:about a minute or two

    The Federal Reserve System has announced that several companies are applying to become bank holding companies or to acquire control over banks or bank holding companies. These actions are in accordance with the Bank Holding Company Act and related regulations. One such application is from Sunstate Bancshares, Inc., which aims to acquire Sunstate Bank in Miami, Florida. Public comments on these applications need to be submitted by March 29, 2021, addressed to the specific Federal Reserve Bank or the Board of Governors in Washington, DC.

    Simple Explanation

    In this notice, the Federal Reserve is talking about companies like Sunstate Bancshares wanting to own or take control over banks. People can say what they think by sending a letter before March 29, 2021.

  • 2024-28992 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
    Type:Notice
    Citation:89 FR 99263
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from a group wanting to acquire shares in a bank or bank holding company. These applications are under review according to the Change in Bank Control Act and related regulations. The applications are available for public inspection and comments are welcome but should not include confidential information. Comments must be submitted by December 26, 2024, to the specified Federal Reserve Bank or the Board of Governors in Washington, DC.

    Simple Explanation

    The Federal Reserve is checking if a group can buy parts of a bank. People can say what they think about this, but they shouldn't share secrets in their comments.

  • 2025-06332 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
    Type:Notice
    Citation:90 FR 15570
    Reading Time:about a minute or two

    The document is a notice from the Federal Reserve System about applications submitted under the Change in Bank Control Act. These applications involve individuals and entities seeking to acquire shares of a bank or bank holding company. The public can review the applications and submit comments, which will be publicly disclosed. Comments should be sent to the relevant Federal Reserve Bank or the Board of Governors by April 29, 2025.

    Simple Explanation

    The Federal Reserve is letting people know that some are trying to buy parts of a bank and asking the public to share their thoughts by the end of April 2025. They will make comments available for everyone to see, but they promise not to share any secret business info.