Type:Notice
Citation:90 FR 16876
Reading Time:about a minute or two
The Federal Reserve System has received applications from individuals in Albany, Georgia, associated with the Smith Family Group, to retain shares in Dawson Bancshares, Inc., and indirectly retain shares in the Bank of Dawson. These applications are under review as part of the Change in Bank Control Act. Public comments on these applications are invited and can be sent to the Federal Reserve Bank of Atlanta by May 7, 2025. All comments become part of the public record and should not include confidential information.
Simple Explanation
People in Georgia who want to keep owning parts of a bank need permission, and others can talk about it until May 7, 2025, but they shouldn't share secrets or personal info because everyone can see the comments.