The Federal Reserve System has issued a notice about applications from companies seeking to become bank holding companies or to acquire other banks or bank holding companies. These applications are filed under the Bank Holding Company Act of 1956, and interested parties can view the public portions of these applications at specific Federal Reserve Banks and online. The notice specifies that comments about the applications must be submitted in writing by May 22, 2025, and reminds the public that comments will generally be made available as part of the public record. One of the noted applications involves Fleur Capital Corporation aiming to acquire Simmesport State Bank in Louisiana.
Simple Explanation
The Federal Reserve System is letting people know about companies wanting to buy or join with banks. One of these companies, Fleur Capital Corporation, wants to buy a bank in Louisiana called Simmesport State Bank. People can look at these plans and say what they think until May 22, 2025.