Federal Register #2026-08161

Federal Reserve Notice: Change in Bank Control and Acquisition of Bank Shares

This notice from the Federal Reserve System addresses regulatory procedures for changes in bank control and acquisitions of shares in banks or bank holding companies. - Government Buyer: - Federal Reserve System - Board of Governors of the Federal Reserve System - Federal Reserve Bank of Chicago - No OEMs, vendors, or commercial products/services are mentioned, as this is a regulatory notice, not a procurement opportunity. - Regulatory Scope: - Covers applications under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (12 CFR 225.41) - References the Bank Holding Company Act (12 U.S.C. 1841 et seq.) - Notable Requirements: - Public comment period is available - Application documents are open for public inspection at Federal Reserve Banks and the Board of Governors' offices - No products, part numbers, or purchase quantities are involved in this notice.

Description

This notice pertains to change in bank control and acquisition of shares of a bank or bank holding company. It provides detailed information about the regulatory process and requirements under the Change in Bank Control Act and Regulation Y. The notice includes information on applications to acquire shares and the standards considered by the Federal Reserve System in acting on these applications. Interested persons may submit comments on the applications by the specified deadline. The public portions of the applications are available for inspection at the Federal Reserve Banks and the Board of Governors.

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