Federal Register #2026-22399

Federal Reserve notice concerning proposed acquisition of Macon Banctrust voting shares

The Federal Reserve published a bank-control notice regarding a proposed acquisition of voting shares. - Government agency: Federal Reserve System; the Federal Reserve Bank of Atlanta and the Board of Governors are identified in connection with the application. - Applicant: Hugh Wayne Clark of Red Boiling Springs, Tennessee. - Proposed transaction: Clark seeks to acquire additional voting shares of Macon Banctrust, Inc., and thereby indirectly acquire voting shares of Macon Bank and Trust Company. Both institutions are based in Lafayette, Tennessee. - Procurement status: This is a regulatory notice, not a procurement. No products, services, quantities, part numbers, OEMs, or vendors are requested.

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. Hugh Wayne Clark of Red Boiling Springs, Tennessee, applied to acquire additional voting shares of Macon Banctrust, Inc., and thereby indirectly acquire voting shares of Macon Bank and Trust Company, both in Lafayette, Tennessee. Comments must be received by November 18, 2026. The public portions of the applications are available for inspection at the indicated Federal Reserve Bank and the Board of Governors.

View original listing