Federal Register #2026-11203

Federal Reserve Notice: Bank Holding Company Mergers and Acquisitions (Mascoma, Androscoggin, Portland Trust)

This notice from the Federal Reserve System concerns regulatory actions related to the formation, acquisition, and merger of bank holding companies, not a procurement opportunity. - Government buyer: Federal Reserve System - No OEMs or commercial vendors are involved - No products or services are being requested or procured - Key details: - Mascoma Mutual Financial Services Corporation (Lebanon, NH) seeks to merge with Androscoggin Bancorp, MHC and acquire Androscoggin Savings Bank (Lewiston, ME) - Mascoma also intends to acquire Portland Trust Company, LLC (Portland, ME) to provide trust company functions - The notice outlines regulatory standards for review and public comment procedures - No contract value, period of performance, or procurement requirements are specified

Description

This notice pertains to the formations, acquisitions, and mergers of bank holding companies as announced by the Federal Reserve System. It includes information about companies applying to become bank holding companies or to acquire control of banks or bank holding companies. The notice provides details on where the public can inspect applications and how to submit comments. It also outlines the regulatory framework under which these activities are reviewed.

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