2025-17062Notice

Fed Reviews Bank Mergers and Holding Company Shifts

Published Date: 9/5/2025

Notice

Summary

Bank companies want to merge, buy, or become bank holding companies, and the Federal Reserve is reviewing their applications. If you’re interested, you can send your thoughts by October 6, 2025. These moves could shake up local banks and affect how they operate, so keep an eye on the changes and deadlines!

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

You can comment — deadline Oct 6, 2025

You can submit written comments about these bank holding company applications to the Federal Reserve by October 6, 2025. Comments will be made publicly available without change, so do not include confidential or identifying information.

Specific bank merger applications under review

The Federal Reserve is reviewing applications for bank holding company transactions: Prosperity Bancshares, Inc. to merge with American Bank Holding Corporation (indirectly acquiring American Bank, N.A., Corpus Christi, Texas) and Norwood Financial Corp. to acquire PB Bankshares, Inc. (indirectly acquiring Presence Bank, Coatesville, Pennsylvania). Interested parties can inspect public portions at the indicated Federal Reserve Banks and must submit comments by October 6, 2025.

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Key Dates

Published Date
Effective Date
9/5/2025
10/6/2025

Department and Agencies

Department
Independent Agency
Agency
Federal Reserve System
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