Search Results for keywords:"bank holding company"

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Search Results: keywords:"bank holding company"

  • 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.

  • Type:Notice
    Citation:89 FR 103828
    Reading Time:about a minute or two

    The Federal Reserve System announces 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 the Federal Reserve Bank of Richmond and the Board of Governors. People interested in commenting on the applications can send their views to the respective locations by January 3, 2025. Comments will be publicly disclosed and should exclude any confidential information.

    Simple Explanation

    Some people want to buy shares in a bank, and the Federal Reserve wants to know what people think about it. If anyone has something to say, they can send their thoughts by January 3, 2025, but they shouldn't include private information.

  • Type:Notice
    Citation:90 FR 8296
    Reading Time:about a minute or two

    The Federal Reserve System has published a notice about individuals applying to gain control over shares of a bank or bank holding company under the Change in Bank Control Act. These applications are available for public inspection at Federal Reserve Banks and the Board of Governors' offices. People are encouraged to express their opinions in writing about these applications, with a deadline for comments set as February 12, 2025. An example of such an application involves Guido E. Hinojosa Cardoso, who seeks to join a control group to acquire shares of Anchor Bancorp Inc. and Anchor Bank in Florida.

    Simple Explanation

    The government is letting people know that some folks want to buy lots of shares in a bank, and they're asking everyone what they think about it. People can write in to share their opinions, but they need to do it before February 12, 2025.

  • Type:Notice
    Citation:89 FR 104153
    Reading Time:about a minute or two

    The Federal Reserve System announced that certain individuals have applied to acquire shares of a bank or bank holding company under the Change in Bank Control Act. These applications are publicly available for review at specific Federal Reserve locations and can be requested online. Interested parties can submit their comments by January 6, 2025, but should be aware that these comments will be made public without alteration. One specific application involves Richard and Beth Wright, who intend to retain voting shares in Milco Bancorporation, Inc., and indirectly in the Bank of Iberia, both in Missouri.

    Simple Explanation

    Some people want to buy shares (like a small part) of a bank, and the Federal Reserve is checking to make sure everything is okay. People can tell the Federal Reserve what they think about this plan by sending in their thoughts, but these will be shared for everyone to see.

  • 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 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 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 11833
    Reading Time:about 2 minutes

    The Federal Reserve System has announced that people listed in the notice have applied to gain control of shares in a bank or bank holding company under the Change in Bank Control Act. Interested individuals can review the public parts of the applications at the Federal Reserve Banks or through the Board's website. The public can also send their comments on these applications, but they should be aware that any information shared will be publicly disclosed. Comments on the applications should be submitted by March 27, 2025.

    Simple Explanation

    The Federal Reserve is giving some people a chance to buy parts of a bank, and they want to make sure everyone knows about it and can say what they think before a certain date. People can check the details online or at specific places and tell the Federal Reserve what they think by the end of March.

  • Type:Notice
    Citation:86 FR 3153
    Reading Time:about a minute or two

    The Federal Reserve System has announced that several individuals have applied to acquire shares in banks or bank holding companies under the Change in Bank Control Act. These applications are open for public viewing and can be accessed at the Federal Reserve Bank offices or online. People who are interested can submit their written comments about the applications by January 29, 2021. Specifically, John Morrow of Albion, Nebraska, plans to join a family group to retain voting shares of Cedar Rapids State Company and, by extension, Cedar Rapids State Bank in Nebraska.

    Simple Explanation

    The document talks about some people who want to buy parts of a bank, and anyone can look at their plans and say what they think about it until January 29, 2021. But it's a bit tricky to know exactly how to do that or where to go to see these plans and share their thoughts.

  • 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.

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