Federal Register #2026-20149

Federal Reserve notice concerning indirect voting shares in Midland Financial Co. and Midfirst Bank

The Federal Reserve System issued a regulatory notice about proposed indirect voting-share acquisitions involving two Oklahoma City financial institutions. - Government agency: Federal Reserve System; applications are available for inspection through the Federal Reserve Bank of Kansas City and the Board of Governors of the Federal Reserve System. - Institutions involved: Midland Financial Co. and Midfirst Bank, both based in Oklahoma City, Oklahoma. - Applicants: Marissa B. Records seeks authority to appoint or remove trustees of several family trusts; Raymond Kido seeks to become co-trustee of two trusts. The proposed trust roles would result in indirect acquisition of voting shares in the institutions. - Procurement status: This is a regulatory notice, not a procurement opportunity. No products, services, OEMs, vendors, quantities, or part numbers are specified. - Notable requirement: The notice concerns applications under the Change in Bank Control Act and Regulation LL; application materials are available for public inspection and comments may be submitted.

Description

The Federal Reserve System notice concerns applications under the Change in Bank Control Act and Regulation LL to acquire shares of a savings and loan holding company. The listed applicants seek to become trustees or co-trustees and thereby indirectly acquire voting shares of Midland Financial Co. and Midfirst Bank, both in Oklahoma City, Oklahoma. Comments on the applications must be received by October 16, 2026. The notice states that application materials are available for inspection at the indicated Federal Reserve Bank and the Board of Governors.

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