Search Results for keywords:"bank acquisitions"

The Federal Reserve System issued a notice about companies applying to become bank holding companies or acquiring control over bank-related assets under the Bank Holding Company Act of 1956. The notice mentions that the applications are available for public inspection at specified Federal Reserve Banks and on the Federal Reserve's website. Comments on these applications can be submitted by January 30, 2025. An example noted is River Run Bancorp, MHC of Newburyport, Massachusetts, which plans to merge with Rollstone Bancorp, MHC to acquire Rollstone Bank & Trust in Fitchburg, Massachusetts.

The Federal Reserve System has received applications from individuals and groups seeking to acquire shares of banks or bank holding companies under the Change in Bank Control Act. In the Chicago region, the Brady Family Control Group intends to acquire shares of Community Financial Corp. and Community Savings Bank in Iowa. Meanwhile, in the Kansas City region, the Whitham Family Control Group plans to acquire shares of Whitcorp Financial Company and its associated banks in Kansas and Colorado. The public can view these applications and submit comments by a specified deadline, which will be publicly disclosed.

The Federal Reserve System has announced that several individuals and groups have applied to acquire shares of banks or bank holding companies under the Change in Bank Control Act. These applications are being reviewed based on specific factors outlined in the law. The public can inspect the details of these applications and submit comments until March 12, 2021. Families and individuals from Missouri and Kansas are among the applicants aiming to retain or acquire control over various banking institutions.

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. The applications and associated information are available for public inspection at specified Federal Reserve Banks. Individuals can express their opinions on these applications by submitting written comments, which will be publicly disclosed without modifications. Comments must be submitted by February 20, 2025, either to the specified Reserve Bank or the Board of Governors in Washington, DC.

The Federal Reserve System has announced that certain individuals and trusts have submitted applications under the Change in Bank Control Act to acquire shares of specific banks or bank holding companies. The Price & Minta Ford Living Trust, with Price Ford and Minta Ford as co-trustees, from Memphis, Tennessee, aims to gain additional shares in Commercial Holding Company, Inc., and indirectly, Commercial Bank & Trust Company in Paris, Tennessee. Meanwhile, the Steve Burrage 2024 Succession Trust and the Roberta Burrage 2024 Succession Trust look to become part of the Burrage Family Control Group to acquire shares in First Antlers Bancorporation, Inc., and indirectly FirstBank in Antlers, Oklahoma. Public comments on these applications are invited until March 3, 2025.

The Federal Reserve System announced that certain individuals have applied to acquire shares of a bank or bank holding company under the Change in Bank Control Act. These applications are publicly available for review at specific Federal Reserve locations and can be requested online. Interested parties can submit their comments by January 6, 2025, but should be aware that these comments will be made public without alteration. One specific application involves Richard and Beth Wright, who intend to retain voting shares in Milco Bancorporation, Inc., and indirectly in the Bank of Iberia, both in Missouri.