Fed Eyes Bank Share Deals for Stability Check
Published Date: 4/8/2026
Notice
Summary
Some folks want to buy or keep shares in banks or bank companies, and the Federal Reserve is checking their applications to make sure everything’s fair and safe. If you want to share your thoughts, you’ve got until April 23, 2026, to speak up! This process helps keep our banks strong and trustworthy while making sure big money moves get a thumbs-up from the experts.
Analyzed Economic Effects
4 provisions identified: 3 benefits, 1 costs, 0 mixed.
You can comment by April 23, 2026
If you want to express views about proposed changes in bank control, you can submit written comments to the indicated Federal Reserve Bank or the Board of Governors. Comments must be received not later than April 23, 2026.
Comments will be publicly disclosed
Any comments you send about these bank control applications will be made available to the public without change and may include personal or business contact information. Do not include confidential information you would not want publicly disclosed.
Applications available for public inspection
Public portions of the bank control applications are available for immediate inspection at the Federal Reserve Bank(s) listed and at the Board of Governors, and can also be requested via the Board's Freedom of Information Office. You may request expedited access as described in the notice.
Specific filing: First Holding Company of Cavalier
An application was filed for Gregory P. Mayo (Fargo, ND) and the Barbara J. Mayo 2020 GST Trust (Barbara J. Mayo, trustee) to retain or acquire voting shares of First Holding Company of Cavalier, Inc., and thereby indirectly of United Valley Bank, both in Cavalier, North Dakota. Comments on this application must be received by April 23, 2026.
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