Fed Reviews Who Wants to Buy Bank Shares Next
Published Date: 2/25/2026
Notice
Summary
Some folks want to buy shares in banks or bank holding companies, and the Federal Reserve is checking their applications to make sure everything’s on the up and up. If you want to share your thoughts, you’ve got until March 12, 2026, to speak up. This process helps keep bank ownership clear and fair, with no surprises on who’s in control or how much money is involved.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Public access to bank acquisition filings
You can inspect the public parts of applications to buy bank shares at the Federal Reserve Bank listed (for example, the New York Fed at 33 Liberty Street) and at the Board of Governors offices. You can also request these records on an expedited basis by contacting the indicated Reserve Bank or the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
Public comment opportunity and deadline
If you want to weigh in on a pending bank-control application, you may submit written comments on the legal standards cited in the Change in Bank Control Act. Comments about these applications must be received by the Reserve Bank listed or the Board of Governors by March 12, 2026.
Comments will be publicly disclosed
Comments sent to the Reserve Bank or Board will be made publicly available without change and may include personal or business contact information. The notice warns you not to include confidential information in your comments because it will generally be disclosed.
Specific ownership application: Capobianco family
The Josephine M. Capobicanco Irrevocable Gift Trust, Anthony M. Capobianco, and Sandra D. Capobianco (all of Glen Cove, NY) applied to join the Capobicanco Family Control Group to retain voting shares of American Community Bancorp, Inc., and thereby indirectly retain voting shares of American Community Bank. That application is listed for public inspection and comment.
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