The Federal Reserve System has announced that certain individuals have applied under the Change in Bank Control Act to acquire shares in a bank or bank holding company. These applications are available for public inspection at specific Federal Reserve Banks and can also be requested from the Board's Freedom of Information Office. People interested in commenting on these applications can submit their views in writing by April 4, 2025. All comments submitted may be disclosed publicly, so confidential information should not be included. For instance, Emma Ryan from Heartwell, Nebraska, is part of a group seeking to get voting shares in First Central Nebraska Co., indirectly impacting the Nebraska State Bank and Trust Company.
Simple Explanation
In this notice, the Federal Reserve is telling people about certain individuals who want to buy shares in a bank. People can look at these requests and share what they think, but they need to send their opinions by April 4, 2025.