Federal Register #2026-11524

Federal Reserve Notice: Proposals for Bank Acquisitions and Mergers

This notice from the Federal Reserve System concerns regulatory proposals for company acquisitions and mergers in the banking sector. - Government buyer: - Federal Reserve System - Companies involved: - Brookfield Bancshares, Inc. (proposing to acquire North Shore Trust and Savings) - Barnes Bancorp, Inc. (proposing to acquire Community State Bank) - Tri-County Bancorp, Inc. (proposing to merge with Mayville Financial Corporation and acquire Mayville State Bank) - Gateway Holding Company, Inc. (proposing to acquire Gateway Commercial Bank) - Nature of request: - Regulatory approval for company formations, acquisitions, and mergers under the Bank Holding Company Act and Regulation Y - No products, services, OEMs, or vendors are being procured - The notice invites public comments on whether these proposals meet regulatory standards - No unique technical or product requirements are specified, as this is not a procurement action

Description

This notice announces proposals by companies to engage in or acquire companies involved in permissible nonbanking activities under the Bank Holding Company Act and Regulation Y. The activities are either directly conducted or through subsidiaries and are closely related to banking. The notice provides information on the companies involved, the nature of the nonbanking activities, and invites public comments on whether the proposals comply with regulatory standards. Comments must be received by July 9, 2026, and the public portions of applications are available for inspection at designated Federal Reserve Banks and the Board of Governors.

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