Type:Notice
Citation:90 FR 15241
Reading Time:about 2 minutes
The Federal Reserve System has received applications from several individuals to acquire shares of a bank or bank holding company under the Change in Bank Control Act. The public can review the applications and submit comments until April 24, 2025. Comments may be disclosed publicly and should not contain confidential information. The individuals listed are seeking to join the Sarazine Family Control Group to maintain voting shares in Emmetsburg Bank Shares, Inc. and Iowa Trust and Savings Bank.
Simple Explanation
The Federal Reserve is checking if some people can take a bigger part in a bank, and they want everyone to know about it. People can say what they think about this until April 24, 2025, but cannot share secrets.