Fed Eyes Bank Mergers: Comments Due by June
Published Date: 5/8/2025
Notice
Summary
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you have thoughts, you can send comments by June 9, 2025. This affects banks, their owners, and anyone interested in bank mergers or acquisitions.
Analyzed Economic Effects
5 provisions identified: 2 benefits, 1 costs, 2 mixed.
Public comment window opens
The Federal Reserve is accepting written comments on applications to form or acquire bank holding companies. Comments must be received by June 9, 2025 at the Reserve Bank listed or the Board of Governors in Washington, DC.
Comments will be publicly disclosed
Comments you send are subject to public disclosure and generally will be made available without change, including personal or business contact information. The notice tells you not to include confidential information that would not be appropriate for public disclosure.
Applications available for public inspection
Public portions of the bank holding company applications are available for immediate inspection at the Federal Reserve Banks named in the notice and at the Board of Governors. You can also request related filings via the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
Ponce Financial Group application listed
Ponce Financial Group, Inc., Bronx, New York, applied to become a bank holding company by acquiring Ponce Bank, Bronx, New York, upon the bank's conversion from a federal savings bank to a national bank. This application is listed for public comment and review.
Chickasaw Banc Holding Company acquisition listed
Chickasaw Banc Holding Company, Oklahoma City, Oklahoma, applied to acquire Oklahoma Heritage Bank, Roff, Oklahoma. The application is available for public inspection and comment through June 9, 2025.
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