Search Results for keywords:"public disclosure"

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Search Results: keywords:"public disclosure"

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  • 2025-07545 — Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
    Type:Notice
    Citation:90 FR 18659
    Reading Time:about a minute or two

    The Federal Reserve System has announced a notice regarding proposals by companies to engage in or acquire companies involved in nonbanking activities. According to the notice, these activities should relate to banking and be permissible under the Bank Holding Company Act and Regulation Y. Interested parties can inspect the public portions of the applications at designated Federal Reserve Banks or online. Comments regarding the applications must be submitted by May 16, 2025.

    Simple Explanation

    The Federal Reserve System wants to let people know that some companies are planning to either start new or buy companies that do activities related to banking but aren't exactly banks. People can look at these plans online or at special places and have until May 16, 2025, to share their thoughts.

  • 2024-28325 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
    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.”

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