Federal Register #2026-21970

Federal Reserve notice of applications to form or acquire bank holding companies

The Federal Reserve System announced two bank holding company applications for public comment; this is a regulatory notice, not a procurement opportunity. - Government agency: Federal Reserve System. - Applications: - Newington Bancshares, Inc. of Newington, Georgia, seeks to become a bank holding company by acquiring voting shares of Bank of Newington. - Plains Acquisition Corporation of Humble, Texas, seeks to acquire Austin Colony, Inc., and thereby indirectly acquire First National Bank of Lake Jackson. - No products, services, quantities, part numbers, or procurement requirements are listed.

Description

The Federal Reserve System notice concerns applications for approval under the Bank Holding Company Act and related regulations to form or acquire bank holding companies, acquire bank shares or assets, or obtain control of banks and related companies. The listed applications are from Newington Bancshares, Inc., seeking to become a bank holding company by acquiring Bank of Newington, and Plains Acquisition Corporation, seeking to acquire Austin Colony, Inc. and thereby indirectly acquire First National Bank of Lake Jackson. Comments on the applications must be received by November 27, 2026.

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