Federal Reserve Eyes Bank Mergers: Public Comments Open
Published Date: 2/23/2026
Notice
Summary
Some companies want to become bank holding companies or merge with banks, and they’ve asked the Federal Reserve for approval. If you’re interested, you can share your thoughts by March 25, 2026. These changes could shake up who controls certain banks, so keep an eye on the money moves and new players in town!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
GreatAmerica’s bank holding application
GreatAmerica Holdings, Inc. filed to become a bank holding company by acquiring Heritage Bank (Marion, Iowa) and merging with GreatAmerica Interim National Bank (Cedar Rapids, Iowa). The public portions of the application are available for inspection at the Federal Reserve Bank listed (Chicago) and at the Board of Governors.
Public comment and records deadline
Interested persons may inspect public portions of these applications at the indicated Federal Reserve Bank or the Board of Governors and may submit written comments. Comments must be received by March 25, 2026, will be subject to public disclosure, and commenters are warned not to include confidential or identifying information.
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