Federal Register #2026-20740

Federal Reserve Notice on Rainbolt Family Group Bank Shareholdings

The Federal Reserve System issued a regulatory notice about a proposed bank-control group application, not a procurement opportunity. - Government agency: Federal Reserve System; no sub-agency or office is identified in the provided notice. - Application parties: David E. Rainbolt GST Trust, with BancFirst as trustee, and the David E. Rainbolt Foundation. - Trust supervisors and Foundation directors named: Dana Kim Rainbolt, Adam Duston Rainbolt, Samuel Johnson Rainbolt, and Jacob Patrick Rainbolt. - Purpose: The parties seek to join the Rainbolt Family Control Group to retain voting shares of BancFirst Corporation and indirectly retain shares in BancFirst, Pegasus Bank, and Worthington Bank. - Notice action: The Federal Reserve invites written public comments on the applicable statutory standards. - Procurement details: No products, services, quantities, part numbers, OEMs, or vendors are requested or identified.

Description

The Federal Reserve System notice concerns applications under the Change in Bank Control Act and Regulation Y to acquire shares of a bank or bank holding company. It identifies applicants seeking to acquire or retain voting shares and describes the associated banks and holding companies. The notice invites written comments on the statutory standards, which are subject to public disclosure. Comments must be received by October 26, 2026.

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