Search Results for keywords:"Home Owners' Loan Act"

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Search Results: keywords:"Home Owners' Loan Act"

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  • 2024-30728 — Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
    Type:Notice
    Citation:89 FR 105048
    Reading Time:about a minute or two

    The Federal Reserve System published a notice about companies planning to engage in or acquire nonbanking activities under the Home Owners' Loan Act. The information regarding these applications is accessible both at the specified Federal Reserve Bank and the Board of Governors. Interested individuals can express their views in writing, ensuring that comments are submitted by January 27, 2025. The Marathon MHC of Wisconsin plans to merge with Marathon Bancorp, Inc., converting to stock form as part of the transaction.

    Simple Explanation

    The Federal Reserve is telling people that a company called Marathon MHC wants to join with another company, Marathon Bancorp, and change its form, like turning a toy into a different shape. People can write letters to say what they think about this by the end of January next year.

  • 2024-28525 — Proposed Agency Information Collection Activities; Comment Request
    Type:Notice
    Citation:89 FR 96974
    Reading Time:about 4 minutes

    The Federal Reserve Board is seeking public comments on a proposal to extend an application process for three years. This application is for entities that want to become savings and loan holding companies or acquire savings associations. The public is invited to provide feedback on the necessity and efficiency of the information collection process, ways to improve it, and how to minimize the burden on those who need to fill it out. The deadline for submitting comments is February 4, 2025.

    Simple Explanation

    The Board of Governors of the Federal Reserve wants people to share their thoughts on making sure the forms used by companies who want to buy or become savings banks are easy and not too tough; they're asking for ideas on how to make filling out these forms better by February 2025.