Fed Eyes Bank Buyouts: Speak Up Before April 4 Deadline!
Published Date: 3/20/2025
Notice
Summary
Some folks want to buy shares in banks or bank companies, and the Federal Reserve is checking their applications to make sure everything’s fair and safe. If you want to share your thoughts, you’ve got until April 4, 2025, to speak up! This process helps keep banks strong and protects everyone’s money.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 1 costs, 2 mixed.
Public inspection of bank filings
The public portions of bank acquisition applications are available for immediate inspection at the Federal Reserve Bank(s) indicated (here, the Federal Reserve Bank of Kansas City) and at the Board of Governors. You may also request the information via the Board's Freedom of Information Office using https://www.federalreserve.gov/foia/request.htm.
Deadline to submit public comments
If you want to comment on these bank control applications, your written comments must be received by the Federal Reserve Bank indicated or the Board offices not later than April 4, 2025. The Board's mailing address for comments is Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001.
Comments will be publicly disclosed
Comments submitted on these applications are subject to public disclosure and generally will be made available without change, including personal or business contact or identifying information. You should not include confidential information in a comment because it will likely be publicly posted.
Specific acquisition application listed
The notice lists an application by Emma Ryan of Heartwell, Nebraska, to join the Ryan Family Group to acquire voting shares of First Central Nebraska Co., and thereby indirectly acquire voting shares of Nebraska State Bank and Trust Company of Broken Bow, Nebraska. Interested persons may inspect the public portions of the application and submit comments by April 4, 2025.
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