Bank Mergers and Formations Get Fed Green Light Check
Published Date: 4/10/2026
Notice
Summary
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you want to share your thoughts, you have until May 11, 2026, to send comments. This process affects banks and their owners, and it helps keep banking safe and fair.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Public comment window open
You can send written comments about the bank holding company applications listed in this notice. Comments must be received by May 11, 2026, at the Reserve Bank indicated or at the Board of Governors in Washington, DC.
Comments will be publicly disclosed
Comments you send about the applications are generally made available to the public without change. Do not include confidential or identifying information in your comment because it will be subject to public disclosure.
Applications available for inspection
The public portions of the applications are available for immediate inspection at the Federal Reserve Bank of Minneapolis and at the Board of Governors. You can also request the information through the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
Fulda Bancorporation acquisition filing
Fulda Bancorporation, Inc., of Britton, South Dakota, has applied to acquire Root River State Bank in Chatfield, Minnesota. The Federal Reserve Bank of Minneapolis is the Reserve Bank handling this application.
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