# Federal Register #2026-21625

Federal Reserve notice on applications to retain voting shares in two banking organizations

**Buyer:** Federal Reserve System
**Posted:** October 22, 2026
**Identifier:** 2026-21625

The Federal Reserve System published a notice concerning applications to retain voting shares in two banking organizations.
- **Government buyer / agency:** Federal Reserve System, including the Board of Governors and the Federal Reserve Banks of Atlanta and Minneapolis.
- **Applications described:**
  - The Brooks Family Control Group seeks to retain voting shares in TCB Bancshares, Inc., and indirectly in The Commercial Bank, both in Georgia.
  - The Bushman Family Group seeks to retain voting shares in First Southeastern Banc Group, Inc., and indirectly in First Southeast Bank, both in Minnesota.
- **Products, services, OEMs, and vendors:** None requested or identified; this is a regulatory notice, not a procurement solicitation.
- **Comments:** Interested persons may submit written comments to the relevant Federal Reserve Bank or the Board of Governors.

### Description

The notice identifies applications under the Change in Bank Control Act and the Federal Reserve Board’s Regulation Y to acquire shares of banks or bank holding companies. It lists proposed actions involving voting shares of TCB Bancshares, Inc. and First Southeastern Banc Group, Inc., and their respective affiliated banks. Interested persons may submit written comments on the applications to the indicated Federal Reserve Banks or the Board of Governors. Comments must be received by November 6, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/10/22/2026-21625/change-in-bank-control-notices-acquisitions-of-shares-of-a-bank-or-bank-holding-company)