Search Results for keywords:"First Bank

Found 689 results
Skip to main content

Search Results: keywords:"First Bank

  • Type:Notice
    Citation:86 FR 10966
    Reading Time:about a minute or two

    The Federal Reserve System has published a notice listing companies that have applied for approval to become bank holding companies or to acquire significant portions of existing bank holding companies, as per the Bank Holding Company Act. The notice invites public comments on these applications, which should be sent to the designated Federal Reserve Bank or the Board of Governors by March 25, 2021. Examples include the Banner County Ban Corporation Employee Stock Ownership Plan and Trust seeking to increase its stake in Banner County Ban Corporation, and Carpenter Acquisition Corporation aiming to become a bank holding company by acquiring First Colorado Financial Corp.

    Simple Explanation

    The Federal Reserve System is telling people about companies that want to be in charge of banks or own big parts of them. They want everyone to know about it and give their thoughts by March 25, 2021.

  • Type:Notice
    Citation:90 FR 10826
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from companies that want to become bank holding companies or acquire control over existing banks or bank holding companies. Interested people can review these applications and submit comments. Comments should be submitted by March 13, 2025, and any information included in them will be publicly accessible. One specific application is from Yoakum National Bancshares, Inc., aiming to acquire Ganado Bancshares, Inc., and thereby gain control over Citizens State Bank in Texas.

    Simple Explanation

    The Federal Reserve is looking at requests from companies that want to own banks. People can say what they think about these requests until March 13, 2025, but their name and details will be shared with everyone.

  • Type:Notice
    Citation:86 FR 9340
    Reading Time:about a minute or two

    The Federal Reserve System has announced a notice about several companies seeking approval to become bank holding companies or acquire existing ones. These applications are made under the Bank Holding Company Act of 1956 and related regulations. The public can inspect these applications at designated Federal Reserve Banks or via the Federal Reserve's Freedom of Information Office. Comments on these applications are invited and must be submitted by March 15, 2021.

    Simple Explanation

    Some companies want to become or join banks, and they're asking for permission to do so. People can look at these requests and say what they think by March 15, 2021.

  • Type:Notice
    Citation:89 FR 104153
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from several companies seeking approval to become bank holding companies or to acquire control of other banks or bank holding companies under the Bank Holding Company Act of 1956. The public can view these applications at the Federal Reserve Banks and the Board of Governors' offices, or request them online. People interested in these applications may submit their comments in writing by January 21, 2025. The applications include F&M Bancshares, Inc. acquiring Newcastle Bancshares, Inc. in Texas, and LevelField Financial, Inc. becoming a bank holding company by acquiring Burling Bank in Illinois.

    Simple Explanation

    The Federal Reserve is looking at applications from companies that want to either become or take over banks. People can check out these applications and share their thoughts on them until January 21, 2025.

  • Type:Notice
    Citation:86 FR 3153
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain companies are seeking approval to become bank holding companies or acquire control of existing banks or bank holding companies. These applications are available for public inspection at specified Federal Reserve Banks and online. Interested individuals can submit written comments on these applications, which must be received by February 16, 2021. One noteworthy application is from SBWY Financial Corporation in Evanston, Wyoming, to acquire State Bank in Green River, Wyoming.

    Simple Explanation

    Some companies want to become big bosses of banks, and they need permission from a group called the Federal Reserve System. People can look at these plans and say what they think, but they need to send their opinions before a special date in February.

  • Type:Notice
    Citation:86 FR 539
    Reading Time:about a minute or two

    The Federal Reserve System announced that several companies have applied for approval to become bank holding companies or to acquire assets or control of banks or bank holding companies. Public portions of these applications are available for inspection at specific Federal Reserve Banks and online through the Federal Reserve's website. Interested individuals can submit their comments about these applications by February 5, 2021. One notable application involves PNC Financial Services Group, Inc. and PNC Bancorp, Inc. seeking to acquire BBVA USA Bancshares, Inc. and indirectly BBVA USA.

    Simple Explanation

    The Federal Reserve says some companies want to buy banks or become bank owners, and people can look at these plans online and share their thoughts by early February 2021. One big company, PNC, wants to buy another bank called BBVA USA.

  • Type:Notice
    Citation:90 FR 7696
    Reading Time:about a minute or two

    The Federal Reserve System has published a notice regarding applications by companies seeking approval to become bank holding companies or to acquire assets or shares of banks or bank holding companies. These applications are based on the Bank Holding Company Act of 1956 and other relevant regulations. Members of the public can access the application details and share their written feedback before February 21, 2025. Specifically, United Community Banks, Inc., based in Greenville, South Carolina, proposes to acquire ANB Holdings, Inc., and American National Bank in Oakland Park, Florida.

    Simple Explanation

    The Federal Reserve is telling people about a plan where one big bank wants to buy another bank, and anyone can say what they think about it before February 21, 2025.

  • Type:Notice
    Citation:86 FR 1971
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from several companies seeking approval to become bank holding companies or to acquire control over existing banks or bank holding companies. These applications are based on regulations laid out by the Bank Holding Company Act of 1956. The public can review these applications at designated Federal Reserve Banks or online. Comments on these applications must be submitted by February 10, 2021, to either the mentioned Reserve Bank or the Board of Governors.

    Simple Explanation

    The Federal Reserve is looking at requests from companies that want to become big banks or buy other banks. People can say what they think about these requests until February 10, 2021.

  • Type:Notice
    Citation:90 FR 8296
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    The Federal Reserve is like a big helper that checks if companies can become or buy banks. They’re looking at three companies' plans to buy banks right now. People can learn about these plans and tell the helpers what they think by a certain day.

  • Type:Notice
    Citation:89 FR 107142
    Reading Time:about a minute or two

    The Federal Reserve System issued a notice about companies applying to become bank holding companies or acquiring control over bank-related assets under the Bank Holding Company Act of 1956. The notice mentions that the applications are available for public inspection at specified Federal Reserve Banks and on the Federal Reserve's website. Comments on these applications can be submitted by January 30, 2025. An example noted is River Run Bancorp, MHC of Newburyport, Massachusetts, which plans to merge with Rollstone Bancorp, MHC to acquire Rollstone Bank & Trust in Fitchburg, Massachusetts.

    Simple Explanation

    The big bank bosses are talking about joining forces or buying other banks, and they want to make sure everyone knows about it. People have until the end of January 2025 to say what they think about these plans.