Type:Notice
Citation:90 FR 15986
Reading Time:about a minute or two
The Federal Reserve System is reviewing several applications from companies that want to form bank holding companies or acquire control of banks. The applications are submitted under the Bank Holding Company Act and other regulations. People interested in these actions can check the details at the mentioned Federal Reserve Bank locations or online, and they can send written comments. Comments must be submitted by May 16, 2025, and will be open to public inspection.
Simple Explanation
The Federal Reserve is looking at requests from companies that want to start or buy banks, and anyone can look at these requests and say what they think by a certain date.