The Federal Reserve System is publishing a notice regarding several applications under the Change in Bank Control Act. The notice lists individuals from the Tutera Family Group applying to acquire or retain shares in Central Bancshares of Kansas City and its subsidiary, Central Bank of Kansas City. Public filings and related documents are available for inspection at the Federal Reserve Bank of Kansas City and the Board of Governors. Interested parties have until February 24, 2021, to submit comments on the applications.
Simple Explanation
The Federal Reserve System is letting people know that some members of the Tutera family want to buy or keep more pieces of a bank in Kansas City. People can also tell the Federal Reserve what they think about this, but only until February 24, 2021.