Search Results for keywords:"First Bank

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Search Results: keywords:"First Bank

  • Type:Notice
    Citation:90 FR 15987
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain individuals, including members of the Crouse family from Wyoming and Colorado, have applied under the Change in Bank Control Act to acquire shares of Financial Security Corporation and Security State Bank in Basin, Wyoming. These applications allow the public to review the related documents at the Federal Reserve Banks or the Board of Governors' offices and submit comments before May 1, 2025. Comments submitted will be publicly disclosed and should not contain confidential information.

    Simple Explanation

    The Federal Reserve System is letting people know that some folks, including the Crouse family, want to buy shares in a bank in Wyoming. People can check out the details and say what they think about it before the beginning of May 2025.

  • Type:Notice
    Citation:90 FR 9628
    Reading Time:about 2 minutes

    The Federal Reserve System has announced that certain individuals and trusts have submitted applications under the Change in Bank Control Act to acquire shares of specific banks or bank holding companies. The Price & Minta Ford Living Trust, with Price Ford and Minta Ford as co-trustees, from Memphis, Tennessee, aims to gain additional shares in Commercial Holding Company, Inc., and indirectly, Commercial Bank & Trust Company in Paris, Tennessee. Meanwhile, the Steve Burrage 2024 Succession Trust and the Roberta Burrage 2024 Succession Trust look to become part of the Burrage Family Control Group to acquire shares in First Antlers Bancorporation, Inc., and indirectly FirstBank in Antlers, Oklahoma. Public comments on these applications are invited until March 3, 2025.

    Simple Explanation

    The government is looking into some people and groups who want to buy more parts of certain banks, like owning more of the bank or company. They are asking people to tell them what they think about these plans by a certain date.

  • Type:Notice
    Citation:90 FR 10927
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from individuals intending to acquire shares in a bank or bank holding company. These applications, submitted under the Change in Bank Control Act and corresponding regulations, are open for public inspection at specified Federal Reserve Banks. Interested parties can submit their comments until March 17, 2025, and the comments may be publicly disclosed. Specifically noted is an application involving the Buckeye State Bank's employee stock ownership plan and trustees looking to retain voting shares in Ohio.

    Simple Explanation

    The Federal Reserve is checking if some people can buy parts of a bank in Ohio, and they want to know what other people think about this by March 17, 2025. People can read what the bank has sent to the Federal Reserve and can also say if they're okay with it or not.

  • Type:Notice
    Citation:89 FR 107142
    Reading Time:about 2 minutes

    The Federal Reserve System has announced that individuals listed in the notice have applied to acquire shares of banks or bank holding companies under the Change in Bank Control Act. The applications are open for public inspection at the Federal Reserve Banks mentioned and the Board of Governors. Public comments on these applications, which are subject to disclosure, can be submitted until January 15, 2025. One application involves Dominik Mjartan and Georgia Miller Mjartan seeking shares in American Bancorp, Inc., while another involves the Sturm Family Control Group aiming to keep shares in Sturm Financial Group, Inc.

    Simple Explanation

    The Federal Reserve is checking if some people can buy parts of certain banks, and anyone can say what they think about this until January 15, 2025.

  • Type:Notice
    Citation:90 FR 9972
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from various individuals and trusts wishing to acquire shares in banks and bank holding companies. These applications are being reviewed under the Change in Bank Control Act, and public comments on the applications are invited until March 7, 2025. Two sets of applications are highlighted: one involves the Arden Wolf Family Group seeking to acquire shares of Platte Valley Bancorp, Inc. in Nebraska, and the other involves the Whelan Family Group aiming to acquire shares of Relationship Financial Corporation and Guadalupe Bank in Texas. Information about these applications is available for public inspection at the relevant Federal Reserve Banks.

    Simple Explanation

    The Federal Reserve System is looking at requests from some people and family groups who want to own more pieces of certain banks. They want people to tell them what they think about this before March 7, 2025.

  • Type:Notice
    Citation:90 FR 4742
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain individuals have applied to acquire shares in a bank or bank holding company under the Change in Bank Control Act. The applications are available for public inspection and comment before January 31, 2025, at the Federal Reserve Bank of Minneapolis and the Board of Governors in Washington, DC. Specifically, Gabrielle Pogatchnik from Philadelphia is seeking to join the Pogatchnik Family Control Group to retain shares in Finlayson Bancshares, which owns First Independent Bank and Northview Bank in Minnesota. Comments submitted will be publicly disclosed, and should not contain confidential information unsuitable for public disclosure.

    Simple Explanation

    Some people want to buy shares in a company that owns a bank, and now others can look at what they want to do and say their opinions by the end of January 2025.

  • Type:Notice
    Citation:86 FR 10967
    Reading Time:about a minute or two

    The Federal Reserve System announced that several individuals have applied to acquire shares of a bank or bank holding company under the Change in Bank Control Act. The applications are available for public inspection at specified Federal Reserve Bank locations and online. People who are interested can submit their comments by the deadline of March 10, 2021. This notification specifically highlights an application involving a group from Texas seeking shares in Louise Bancshares, Inc., which owns First State Bank and Dilley State Bank.

    Simple Explanation

    The Federal Reserve System is making sure everything is okay with people who want to buy part of a bank, like inspecting your friend's drawings to make sure you won't run out of crayons. People can say what they think about this by March 10, 2021, just like sharing your thoughts on your friend's work in class.

  • Type:Notice
    Citation:90 FR 11607
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from individuals and groups who want to acquire shares in banks or bank holding companies. These applications are reviewed under the Change in Bank Control Act, and the public can view them at the respective Federal Reserve Banks or online. Comments from the public are welcome but should not include confidential details, as they will be made publicly available. Two specific applications have been mentioned: one involving trustees retaining shares in Community Financial Services in Kentucky, and another concerning individuals joining a family group to acquire shares in Carlson Bankshares in Minnesota.

    Simple Explanation

    The Federal Reserve is looking at requests from people who want to own parts of banks, just like you might share toys with your friends. They want to make sure everything is fair, and people can tell the Federal Reserve what they think, just like when you talk about sharing rules in kindergarten.

  • Type:Notice
    Citation:89 FR 102144
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from individuals seeking to acquire shares of banks or bank holding companies under the Change in Bank Control Act. These applications, which are open for public inspection, are also available for expedited inquiries through relevant Federal Reserve Banks or the Board's Freedom of Information Office. Interested parties can submit their written comments, which will generally be made public, by January 2, 2025. One specific application involves Christopher M. George from Fremont, California, who has applied to acquire shares in Greenwoods Financial Group, Inc. and indirectly in The Greenwood's State Bank in Wisconsin.

    Simple Explanation

    The Federal Reserve is looking at some requests from people who want to buy parts of banks, and they are letting everyone know so people can say what they think about it. One of the people in line to make a purchase is Christopher from California, and others have until January 2, 2025, to share their thoughts.

  • Type:Notice
    Citation:90 FR 8528
    Reading Time:about 2 minutes

    The Federal Reserve System has released a notice regarding applications submitted under the Change in Bank Control Act. These applications involve individuals and groups seeking to acquire or retain voting shares of certain banks and bank holding companies. For instance, one application involves a group in New Jersey attempting to acquire more voting shares of Bankwell Financial Group, Inc., in Connecticut. Another involves individuals in Texas looking to acquire shares of Relationship Financial Corporation and its subsidiary, Guadalupe Bank. Interested parties can review these applications and submit comments by February 14, 2025.

    Simple Explanation

    In a new notice, the Federal Reserve System is talking about people or groups trying to buy more pieces, or "shares," of certain banks. This is like when someone wants to own more parts of a toy shop in a new town. People can look at what is happening and tell the people in charge how they feel about it until February 14, 2025.

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