Fed Says: Want to Buy a Bank? Wait for Our Okay First
Published Date: 12/16/2025
Notice
Summary
If you want to buy or control shares in a bank or bank holding company, you need to tell the Federal Reserve and get approval. People affected include anyone trying to take over or keep control of bank shares. You’ve got until December 31, 2025, to send in your comments, so don’t wait—this process keeps banks safe and sound!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Must notify Fed before buying bank control
If you want to buy or keep control of shares in a bank or a bank holding company, you must file a notice with the Federal Reserve and obtain its approval under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (12 CFR 225.41). This applies to anyone trying to acquire or retain control of bank voting shares.
Public comments are disclosed; deadline Dec 31, 2025
People who comment on these bank-control applications should know that comments are subject to public disclosure and will generally be made available without change. Comments must be received at the listed Reserve Bank or the Board of Governors by December 31, 2025, and public portions of the applications are available for inspection at the indicated Federal Reserve Bank(s) and the Board offices or via the Board's FOIA request webpage.
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