2025-05651Notice

Bank Shakeup Alert: Mergers in Illinois Spark Fed Review

Published Date: 4/2/2025

Notice

Summary

Some bank companies want to join forces by merging or buying each other, and they’ve asked the Federal Reserve for approval. If you’re involved with these banks or just curious, you can share your thoughts by May 2, 2025. These moves could shake up who controls certain banks and might affect how they operate and grow.

No Economic Impacts Identified for this Document

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Key Dates

Published Date
Effective Date
4/2/2025
5/2/2025

Department and Agencies

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Independent Agency
Agency
Federal Reserve System
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