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The Federal Reserve System has announced a notice concerning several companies seeking approval to become bank holding companies or to acquire control of banks or bank holding companies. These applications are submitted under the Bank Holding Company Act and related regulations. The public can view the applications and related documents at specified Federal Reserve Banks and the Board of Governors' offices. Comments from the public are welcomed but must be submitted by April 2, 2025, and should not include any confidential information that shouldn't be publicly disclosed.

The Federal Reserve System has received applications from several companies seeking approval to become bank holding companies or to acquire control over existing banks or bank holding companies. The applications are filed under the Bank Holding Company Act of 1956 and adhere to applicable regulations. Public comments on these applications must be submitted by February 10, 2021. The applications can be inspected at specified Federal Reserve Banks or the Board of Governors' offices, with further access available through their Freedom of Information Office.

The Board of Governors of the Federal Reserve System has proposed a rule to change how Suspicious Activity Reports (SARs) are filed by certain financial institutions, like state member banks and bank holding companies. The rule aims to allow for exemptions from these requirements to help banks more effectively meet Bank Secrecy Act requirements, potentially leading to innovative ways to tackle financial crime. The Board will coordinate with FinCEN on exemption requests and is seeking public comments on the proposal until February 22, 2021. The proposal emphasizes that these exemptions won't relieve institutions from complying with FinCEN’s SAR regulations.

The Federal Reserve System has released a notice regarding applications submitted under the Change in Bank Control Act. These applications involve individuals and groups seeking to acquire or retain voting shares of certain banks and bank holding companies. For instance, one application involves a group in New Jersey attempting to acquire more voting shares of Bankwell Financial Group, Inc., in Connecticut. Another involves individuals in Texas looking to acquire shares of Relationship Financial Corporation and its subsidiary, Guadalupe Bank. Interested parties can review these applications and submit comments by February 14, 2025.

The Federal Reserve System has announced several applications for review involving bank holding companies. These applications, governed by the Bank Holding Company Act, include Huntington Bancshares Incorporated's plan to acquire TCF Financial Corporation and First Cahawba Bancshares, Inc.'s proposal to become a bank holding company by acquiring First Cahawba Bank. Interested parties can review the applications and submit their comments to the respective Federal Reserve Banks or the Board of Governors by February 18, 2021.

The Federal Reserve System has announced that individuals listed in the notice have applied to acquire shares of banks or bank holding companies under the Change in Bank Control Act. The applications are open for public inspection at the Federal Reserve Banks mentioned and the Board of Governors. Public comments on these applications, which are subject to disclosure, can be submitted until January 15, 2025. One application involves Dominik Mjartan and Georgia Miller Mjartan seeking shares in American Bancorp, Inc., while another involves the Sturm Family Control Group aiming to keep shares in Sturm Financial Group, Inc.

The Federal Reserve System has announced that certain companies are seeking approval to become bank holding companies or to acquire control of banks or bank holding companies. These applications are open for public inspection and comment. For example, Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan intends to acquire 19.34% of Community Bancshares of Mississippi, Inc. Interested parties must submit their comments by March 18, 2021.

In the Federal Register from December 26, 2024, a notice was published by the Federal Reserve Bank of Chicago, originally under the title "Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities." This has been corrected to "Formations of, Acquisitions by, and Mergers of Bank Holding Companies." The correction clarifies that the company involved applied to become a bank holding company or acquire control of one under the Bank Holding Company Act of 1956. It also corrects that entities referred to as savings and loan holding companies are actually bank holding companies. The comment period for the public remains open until January 27, 2025.

The Federal Reserve System announced that several companies have applied for approval to become bank holding companies or to acquire assets or control of banks or bank holding companies. Public portions of these applications are available for inspection at specific Federal Reserve Banks and online through the Federal Reserve's website. Interested individuals can submit their comments about these applications by February 5, 2021. One notable application involves PNC Financial Services Group, Inc. and PNC Bancorp, Inc. seeking to acquire BBVA USA Bancshares, Inc. and indirectly BBVA USA.

The Federal Reserve System is considering applications from companies that want to become or acquire bank holding companies under the Bank Holding Company Act of 1956. The notice mentions that these applications are available for public review at the selected Federal Reserve Banks and online. Comments from the public regarding these applications must be submitted by February 8, 2021. An example applicant listed is Marathon MHC and Marathon Bancorp, Inc. from Wisconsin, which seeks to acquire Marathon Bank as part of a transition from a mutual to a stock form.