Search Results for keywords:"First Bank

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Search Results: keywords:"First Bank

  • Type:Notice
    Citation:90 FR 1128
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from individuals wishing to acquire shares of a bank or bank holding company, as specified under the Change in Bank Control Act. These applications, including related documents, are available for public review at designated Federal Reserve Banks and on the Federal Reserve's website. The public can submit comments on these applications, but any comments received will be disclosed publicly, meaning personal or confidential information should not be included. In particular, the notification includes individuals from Alabama seeking to join a control group to retain shares in FBDC Financial Corp. and First Fidelity Bank.

    Simple Explanation

    The Federal Reserve System is letting people who want to buy shares in a bank or banking company send in their applications. Everyone can look at these applications and say what they think, but they shouldn't share anything private because anything they say will be shared with everyone.

  • Type:Notice
    Citation:90 FR 13364
    Reading Time:about 4 minutes

    The Federal Reserve System has received applications from several trusts and individuals who want to acquire shares of Berco, Inc., which controls The Bennington State Bank in Salina, Kansas. The applicants, acting as the Berkley Family Group, aim to retain voting shares of the bank. The public can view these applications at the specified Federal Reserve Bank and submit comments by April 7, 2025. Comments are subject to public disclosure and should not contain confidential information.

    Simple Explanation

    The Federal Reserve received applications from a group of people and trusts who want to buy shares of a company that controls a bank in Kansas. People can look at these applications or give their thoughts until April 7, 2025.

  • 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 10729
    Reading Time:about 2 minutes

    The Federal Reserve System received applications from several individuals and trusts to acquire shares of Guaranty Bancorp, Inc., and Woodsville Guaranty Savings Bank, both located in Woodsville, New Hampshire. The public can inspect the application details and other filings at the indicated Federal Reserve Banks or on the Board of Governors' website. Comments about the applications must be submitted by March 13, 2025, and will be publicly disclosed without alterations, so personal or confidential information should not be included.

    Simple Explanation

    The Federal Reserve System is looking at requests from some people who want to buy a part of two banks in New Hampshire. They’re asking people to share their thoughts on this by March 13, 2025, and everyone can read these thoughts, so people shouldn’t include secrets or personal information.

  • 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: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: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:86 FR 9504
    Reading Time:about a minute or two

    The Federal Reserve System has announced that several individuals have applied to purchase shares of a bank or bank holding company under the Change in Bank Control Act. These applications and related filings are open for public inspection at designated Federal Reserve Banks, and members of the public can submit written comments about these applications by March 3, 2021. One specific application involves Scott A. Schoenmann from Wisconsin, who wants to retain voting shares in The Peoples Community Bancshares, Inc., and indirectly in The Peoples Community Bank. The notice is officially recorded under the document number 2021-03050 and includes information on where further details can be accessed.

    Simple Explanation

    The Federal Reserve System is letting people know that there are plans for some individuals to buy parts of a bank, and they can give their opinions about it. One person from Wisconsin, Scott A. Schoenmann, wants to keep some say in his bank, and everyone can check the details and share thoughts until March 3, 2021.

  • 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: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.

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