Search Results for keywords:"savings and loan holding company"

The Federal Reserve Board is seeking public comments on a proposal to extend an application process for three years. This application is for entities that want to become savings and loan holding companies or acquire savings associations. The public is invited to provide feedback on the necessity and efficiency of the information collection process, ways to improve it, and how to minimize the burden on those who need to fill it out. The deadline for submitting comments is February 4, 2025.

The Federal Reserve System has received applications from several parties, known collectively as The Stilwell Group, which includes Stilwell Activist Investments, L.P., Stilwell Activist Fund, L.P., Stilwell Partners, L.P., and Joseph D. Stilwell. These parties are seeking approval to buy shares in IF Bancorp, Inc., and consequently in Iroquois Federal Savings and Loan Association, both located in Watseka, Illinois. The public is invited to comment on these applications by April 14, 2025, and comments will be made publicly available. Applications and related documents can be reviewed at the indicated Federal Reserve Banks or obtained via the Federal Reserve's Freedom of Information Office.

The Federal Reserve System is reviewing applications from individuals seeking to acquire shares in a savings and loan holding company under the Change in Bank Control Act. Interested parties can view application details at select Federal Reserve Banks and submit comments or concerns by March 3, 2025. Public comments will be fully disclosed and may include personal or business information. The notice specifically mentions an application by Jeffrey A. Schumacher and John Schumacher to retain voting shares of American Federal Corporation and American Federal Bank in North Dakota.