Search Results for keywords:"Marathon MHC"

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Search Results: keywords:"Marathon MHC"

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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.

  • 2021-00184 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 1111
    Reading Time:about a minute or two

    The Federal Reserve System is considering applications from companies that want to become or acquire bank holding companies under the Bank Holding Company Act of 1956. The notice mentions that these applications are available for public review at the selected Federal Reserve Banks and online. Comments from the public regarding these applications must be submitted by February 8, 2021. An example applicant listed is Marathon MHC and Marathon Bancorp, Inc. from Wisconsin, which seeks to acquire Marathon Bank as part of a transition from a mutual to a stock form.

    Simple Explanation

    The people at the Federal Reserve are looking at companies that want to own banks. They are asking folks to share their thoughts by February 8, 2021, but it's not clear how that works.