Search Results for keywords:"First Bank

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Search Results: keywords:"First Bank

  • 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 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:89 FR 105604
    Reading Time:about a minute or two

    The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares in a bank or bank holding company. These applications are open for public inspection, and people can comment on them until January 13, 2025. Comments will be publicly disclosed, so they should not contain confidential information. One application involves members of the Kahn Family seeking to retain voting shares of United Iowa Bancshares Inc., and by extension, FNNB Bank in Newton, Iowa.

    Simple Explanation

    The government is checking if some people, like the Kahn Family, can own more of a bank, and they are asking what everyone thinks about it until January 13, 2025. People need to be careful not to share secrets when they tell what they think.

  • 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 9628
    Reading Time:about 2 minutes

    The Federal Reserve System has announced that certain individuals and trusts have submitted applications under the Change in Bank Control Act to acquire shares of specific banks or bank holding companies. The Price & Minta Ford Living Trust, with Price Ford and Minta Ford as co-trustees, from Memphis, Tennessee, aims to gain additional shares in Commercial Holding Company, Inc., and indirectly, Commercial Bank & Trust Company in Paris, Tennessee. Meanwhile, the Steve Burrage 2024 Succession Trust and the Roberta Burrage 2024 Succession Trust look to become part of the Burrage Family Control Group to acquire shares in First Antlers Bancorporation, Inc., and indirectly FirstBank in Antlers, Oklahoma. Public comments on these applications are invited until March 3, 2025.

    Simple Explanation

    The government is looking into some people and groups who want to buy more parts of certain banks, like owning more of the bank or company. They are asking people to tell them what they think about these plans by a certain date.

  • Type:Notice
    Citation:90 FR 9972
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from various individuals and trusts wishing to acquire shares in banks and bank holding companies. These applications are being reviewed under the Change in Bank Control Act, and public comments on the applications are invited until March 7, 2025. Two sets of applications are highlighted: one involves the Arden Wolf Family Group seeking to acquire shares of Platte Valley Bancorp, Inc. in Nebraska, and the other involves the Whelan Family Group aiming to acquire shares of Relationship Financial Corporation and Guadalupe Bank in Texas. Information about these applications is available for public inspection at the relevant Federal Reserve Banks.

    Simple Explanation

    The Federal Reserve System is looking at requests from some people and family groups who want to own more pieces of certain banks. They want people to tell them what they think about this before March 7, 2025.

  • Type:Notice
    Citation:90 FR 12733
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from individuals and family groups seeking to acquire or retain shares in certain banks or bank holding companies. The D'Angelo Family Group intends to retain or acquire shares in First Greenwich Financial, Inc. and its associated bank in Connecticut. Meanwhile, the Kincaid Family Group plans to acquire shares in Northeast Kansas Bancshares, Inc. and other related banks in Kansas and Missouri. Public comments on these applications can be submitted to the relevant Federal Reserve Banks or the Board of Governors until April 3, 2025.

    Simple Explanation

    The Federal Reserve System, which is sort of like the manager of banks, got requests from two familiesβ€”the D'Angelo Family in Connecticut and the Kincaid Family in Kansas and Missouriβ€”who want to buy or keep owning parts of some banks. People can send their thoughts about this until April 3, 2025.

  • Type:Notice
    Citation:90 FR 13163
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain individuals have applied under the Change in Bank Control Act to acquire shares in a bank or bank holding company. These applications are available for public inspection at specific Federal Reserve Banks and can also be requested from the Board's Freedom of Information Office. People interested in commenting on these applications can submit their views in writing by April 4, 2025. All comments submitted may be disclosed publicly, so confidential information should not be included. For instance, Emma Ryan from Heartwell, Nebraska, is part of a group seeking to get voting shares in First Central Nebraska Co., indirectly impacting the Nebraska State Bank and Trust Company.

    Simple Explanation

    In this notice, the Federal Reserve is telling people about certain individuals who want to buy shares in a bank. People can look at these requests and share what they think, but they need to send their opinions by April 4, 2025.

  • Type:Notice
    Citation:90 FR 13487
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares of a bank or bank holding company. Specifically, the Petrie Grandchildren Trust and related entities want to retain and acquire voting shares of Merchants Bancorp and Merchants Bank of Indiana in Carmel, Indiana. The public can view and comment on these applications, but comments need to be received by April 8, 2025, and may be disclosed to the public. The Federal Reserve Bank of Chicago is handling the applications, and comments can be submitted electronically or by mail.

    Simple Explanation

    The Federal Reserve is looking at whether certain people, like a group called the Petrie Grandchildren Trust, can buy shares in a bank called Merchants Bank of Indiana. People can say what they think about this, as long as they do it by a specific date, but they should be careful not to share any private information they want to keep secret.

  • Type:Notice
    Citation:90 FR 9032
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain individuals have applied under the Change in Bank Control Act to acquire shares in a bank or bank holding company. The applications and associated information are available for public inspection at specified Federal Reserve Banks. Individuals can express their opinions on these applications by submitting written comments, which will be publicly disclosed without modifications. Comments must be submitted by February 20, 2025, either to the specified Reserve Bank or the Board of Governors in Washington, DC.

    Simple Explanation

    The Federal Reserve is letting people know that some individuals want to buy part of a bank, and you can tell them what you think about this by writing a comment. You can see the details at some Federal Reserve locations or online, and you need to send your thoughts by February 20, 2025.