Fed Eyes Bank Mergers: Standard Checks for Stability Ahead
Published Date: 2/19/2026
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 March 23, 2026. This process affects banks, companies, and the public by making sure these big moves follow the rules and keep things safe.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Public comment window and disclosure rules
The Federal Reserve is accepting public comments on applications to form, acquire, or merge bank holding companies. Comments must be received by March 23, 2026, will be subject to public disclosure (and generally made available without change), and the public portions of applications are available for inspection at the indicated Federal Reserve Banks and at the Board's offices; information can also be requested via the Board's FOIA process.
Digital Asset Acquisition Corp. seeks to buy Old Glory Bank
Digital Asset Acquisition Corporation, Princeton, New Jersey, has filed to become a bank holding company by acquiring Old Glory Holding Company, Oklahoma City, Oklahoma, and thereby indirectly acquiring Old Glory Bank, Elmore City, Oklahoma. This application is listed at the Federal Reserve Bank of Kansas City and is open for public comment through March 23, 2026.
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