Search Results for keywords:"bank shares"

Found 2 results
Skip to main content

Search Results: keywords:"bank shares"

  • Type:Notice
    Citation:86 FR 8016
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from several individuals and trusts to acquire shares in a bank or bank holding company. This is under the Change in Bank Control Act and the Board's Regulation Y. Details of these applications are available for public viewing at the specified Federal Reserve Banks or the Board of Governors' offices. Interested parties can submit their comments on these applications by February 18, 2021.

    Simple Explanation

    People want to buy pieces of a bank, and the big boss group needs to check if it's okay. Anyone who wants to say something about this has until February 18, 2021, to do so.

  • 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.