Federal Register #2026-06401

Notice of Applications for Change in Bank Control and Acquisition of Shares

This notice from the Federal Reserve System addresses regulatory applications for changes in bank control: - Government Buyer: - Federal Reserve System - Federal Reserve Bank of St. Louis - Board of Governors of the Federal Reserve System - Purpose and Scope: - Notice pertains to applications under the Change in Bank Control Act - Focuses on individuals seeking to acquire voting shares in Townsend Financial Corporation and Farmers Bank, both in Parsons, Tennessee - Public comments are invited and instructions for public inspection of applications are provided - Products/Services: - No products or services are being procured - No OEMs or vendors are mentioned - Unique/Notable Requirements: - Notice is informational and relates to regulatory oversight of bank ownership changes, not procurement activities

Description

This notice from the Federal Reserve System announces applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It details the process for public inspection of applications and invites public comments on the acquisitions. The notice includes specific cases of individuals seeking to acquire voting shares in certain financial institutions. It serves to inform the public and stakeholders about pending changes in bank control.

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