The Federal Reserve System has announced a series of applications where specific individuals and Grand Bancorp, Inc. have proposed acquiring shares of Stark Bancshares, Inc. This acquisition would indirectly allow them to gain shares of LimeBank, both located in Bolivar, Missouri. The public can view the applications at Federal Reserve Banks and submit comments, which are publicly disclosed and should not include confidential information, by February 18, 2025. Comments may be submitted in writing or electronically, and further information can be found through the Federal Reserve Board's website.
Simple Explanation
The Federal Reserve System is looking at people who want to buy parts of a bank, and they are asking everyone to share their thoughts about it by a certain date. They want you to know that anything you say will be shared with everyone, so be careful with what personal stuff you include.