Search Results for keywords:"bank control notice"

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Search Results: keywords:"bank control notice"

  • Type:Notice
    Citation:90 FR 9901
    Reading Time:about a minute or two

    Notificants, including Hermine M. Granberry and The Allision Lee Granberry Trust with trustee William S. Granberry Jr., have applied under the Change in Bank Control Act to acquire shares in a bank or bank holding company. The public can review these applications at specified Federal Reserve Banks and submit comments, which will be made publicly available. Comments must be received by March 6, 2025, and should not contain confidential information. The Federal Reserve Board oversees this process and any submissions.

    Simple Explanation

    Some people, including Hermine and a family trust, want to buy shares in a bank, and they told the government about it. People can look at the details and say what they think before a deadline, but they shouldn't share any secrets in their comments.

  • Type:Notice
    Citation:90 FR 10500
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from various individuals and trusts seeking approval to acquire shares in a bank or bank holding company under the Change in Bank Control Act. The applications, which detail the involved parties from the Scott Family Group, aim to retain voting shares of Scott Bancshares, Inc., and Scott State Bank in Illinois. The public can view these applications and submit comments, which will be made publicly available. Comments must be sent to the designated Federal Reserve Bank or the Board of Governors by March 11, 2025.

    Simple Explanation

    The Federal Reserve is letting people know that some families want to buy shares in certain banks in Illinois, and they would like everyone's thoughts by March 11, 2025. People can see these requests and share what they think, but they need to be careful because their comments might be shared with others.

  • Type:Notice
    Citation:90 FR 15241
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from several individuals to acquire shares of a bank or bank holding company under the Change in Bank Control Act. The public can review the applications and submit comments until April 24, 2025. Comments may be disclosed publicly and should not contain confidential information. The individuals listed are seeking to join the Sarazine Family Control Group to maintain voting shares in Emmetsburg Bank Shares, Inc. and Iowa Trust and Savings Bank.

    Simple Explanation

    The Federal Reserve is checking if some people can take a bigger part in a bank, and they want everyone to know about it. People can say what they think about this until April 24, 2025, but cannot share secrets.

  • 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:90 FR 12733
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from individuals and family groups seeking to acquire or retain shares in certain banks or bank holding companies. The D'Angelo Family Group intends to retain or acquire shares in First Greenwich Financial, Inc. and its associated bank in Connecticut. Meanwhile, the Kincaid Family Group plans to acquire shares in Northeast Kansas Bancshares, Inc. and other related banks in Kansas and Missouri. Public comments on these applications can be submitted to the relevant Federal Reserve Banks or the Board of Governors until April 3, 2025.

    Simple Explanation

    The Federal Reserve System, which is sort of like the manager of banks, got requests from two families—the D'Angelo Family in Connecticut and the Kincaid Family in Kansas and Missouri—who want to buy or keep owning parts of some banks. People can send their thoughts about this until April 3, 2025.

  • Type:Notice
    Citation:86 FR 11530
    Reading Time:about 3 minutes

    The Federal Reserve System has announced that several individuals and groups have applied to acquire shares of banks or bank holding companies under the Change in Bank Control Act. These applications are being reviewed based on specific factors outlined in the law. The public can inspect the details of these applications and submit comments until March 12, 2021. Families and individuals from Missouri and Kansas are among the applicants aiming to retain or acquire control over various banking institutions.

    Simple Explanation

    Some people and families want to buy parts of banks, and the Federal Reserve is checking to make sure it's okay. People can say what they think about this until March 12, 2021.