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The Federal Reserve System has announced that certain companies have applied for approval to form or acquire bank holding companies. These applications are compliant with the Bank Holding Company Act of 1956 and related regulations. Interested individuals can inspect the applications at specified Federal Reserve Banks or on the Federal Reserve's website. Comments on these applications must be submitted in writing by April 3, 2025, and will be publicly disclosed.

The Federal Reserve System has announced that several companies are applying to become bank holding companies or to acquire control over banks or bank holding companies. These actions are in accordance with the Bank Holding Company Act and related regulations. One such application is from Sunstate Bancshares, Inc., which aims to acquire Sunstate Bank in Miami, Florida. Public comments on these applications need to be submitted by March 29, 2021, addressed to the specific Federal Reserve Bank or the Board of Governors in Washington, DC.

The Federal Reserve System published a notice regarding applications from several companies seeking approval to become or acquire bank holding companies. The process is regulated under the Bank Holding Company Act of 1956 and other relevant laws. This notice lists specific applications, including the Lindsey Family Trust's proposal to acquire The Trust Bank in Georgia, Morning Sun Bank Corp.'s plan to acquire First Trust and Savings Bank in Iowa, and Old National Bancorp's acquisition of Bremer Bank in Minnesota. The public can inspect these applications and submit comments, which will be publicly disclosed.

The Federal Reserve System has received applications from companies seeking approval to become bank holding companies or to acquire assets or control of existing banks or bank holding companies. These applications are made under the Bank Holding Company Act of 1956, along with Regulation Y and other relevant laws. The public portions of these applications can be inspected at specified Federal Reserve Bank locations or online. Interested parties may submit their views in writing by March 4, 2021, regarding the standards outlined in the Act, especially concerning an application from VeraBank, Inc., in Henderson, Texas, to acquire Panola National Bank in Carthage, Texas.

The Consumer Financial Protection Bureau (CFPB) announced a public meeting for the Community Bank Advisory Council and the Credit Union Advisory Council, scheduled for February 12, 2025. This virtual meeting is open to the public and will discuss policy matters such as the Bureau's Unified Regulatory Agenda. Members of the public are encouraged to RSVP and may submit written comments in advance. The agenda and meeting details will be available on the CFPB's website, and a recording of the meeting will be posted afterward.

The Securities and Exchange Commission issued a temporary order and notice regarding an application from The Toronto-Dominion Bank and others for exemption from certain provisions of the Investment Company Act due to guilty pleas by TD Bank US Holding Company and TD Bank, N.A., related to anti-money laundering failures. The application seeks to exempt Epoch Investment Partners and other affiliated entities from disqualification rules that would negatively impact their ability to provide investment services to funds. The applicants argue that the misconduct was limited to certain entities and didn't involve Epoch, and they have taken steps to improve compliance practices. The temporary order allows them to continue services until a decision on a permanent order is made.

The proposed rule requires banking organizations to notify their primary federal regulator within 36 hours of determining in good faith that a "computer-security incident" has occurred that could cause significant disruptions to operations. A "notification incident" is an incident deemed serious enough to impact banking services or financial stability. Additionally, bank service providers must alert at least two individuals at affected banking organization customers immediately upon experiencing a significant disruption lasting four or more hours. This rule aims to ensure timely and effective responses to potential cybersecurity threats impacting the banking sector.

The Federal Reserve System has announced an extension of the comment period for an application involving the formation or acquisition of bank holding companies. The application in question concerns First Citizens BancShares, Inc., located in Raleigh, North Carolina, acquiring CIT Group, Inc., based in New York, New York. The public is invited to express their views in writing about this application, with the new deadline for submissions set for February 22, 2021. The information is accessible for review at the Federal Reserve Bank of Richmond and through specified online resources.

The Office of the Comptroller of the Currency (OCC) is requesting comments from the public and other federal agencies on renewing an information collection known as the "Bank Appeals Follow-Up Questionnaire." This is part of a broader effort to reduce paperwork and respondent burden under the Paperwork Reduction Act of 1995 (PRA). The information gathered will assess the effectiveness of the OCC's appeals process for banks and help improve it. Comments on the need, accuracy, and potential improvements of this information collection are invited, and they must be submitted by April 19, 2021.

The President has decided to extend the national emergency related to the situation in the West Bank for another year, beyond February 1, 2025. This emergency was first declared in early 2024 due to concerns over increased violence, forced displacements, and the destruction of property, which threaten peace and security in the region. These actions negatively impact U.S. foreign policy goals, including the two-state solution, and pose a risk to the security and stability of the broader Middle East. The notice has been sent to Congress and will be published in the Federal Register.