Federal Register #2026-11978

Federal Reserve Notice: Applications for Bank Control Acquisitions (Regulatory Announcement)

This notice from the Federal Reserve System concerns regulatory applications for the acquisition of shares in banks or bank holding companies under the Change in Bank Control Act. - Government Buyer: - Federal Reserve System - Board of Governors of the Federal Reserve System - No OEMs or commercial vendors are mentioned, as this is not a procurement action. - No products or services are being requested; the notice pertains to regulatory oversight and public comment on bank control applications. - Unique/Notable Requirements: - The notice invites public comments on the standards for approving acquisitions of bank shares. - Application materials are available for public inspection at designated Federal Reserve Banks and the Board of Governors. - The process is governed by 12 U.S.C. 1817(j) and 12 CFR 225.41. - No quantities, part numbers, or procurement details are provided, as this is not a solicitation for goods or services.

Description

This notice from the Federal Reserve System announces applications under the Change in Bank Control Act to acquire shares of a bank or bank holding company. It outlines the process for public inspection of applications and invites interested persons to express their views in writing on the standards enumerated in the Act. The notice provides details on where to access application information and how to submit comments. It is part of regulatory oversight concerning changes in bank control.

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