Fed Reviews Bank Control Changes for Stability
Published Date: 4/22/2025
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 May 7, 2025, to speak up! This process helps keep banks strong and protects everyone’s money.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 0 costs, 1 mixed.
Public comment deadline May 7, 2025
You can send written comments about the bank-control applications, but the Federal Reserve must receive them by May 7, 2025. Comments will be part of the public record, so do not include confidential personal or business information.
Applications available for public inspection
The public portions of the applications are available for inspection at the listed Federal Reserve Bank(s) and at the Board of Governors, and can be requested via the Board's FOIA process at https://www.federalreserve.gov/foia/request.htm. You may inspect these filings to see details about the proposed change in control.
Smith family seeks to retain Bank of Dawson shares
Harry Phillips Smith 2020 Trust, Raines Smith Bettis, John L. Leach, III, Robert L. Leach, and Adelaide S. Satterfield, all of Albany, Georgia, applied to join the Smith Family Group to retain voting shares of Dawson Bancshares, Inc., and thereby indirectly retain voting shares of Bank of Dawson in Dawson, Georgia. The application is filed under the Change in Bank Control Act and is open for public comment.
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Key Dates
Related Federal Register Documents
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
Big U.S. banks that are super important to the economy are getting new rules to keep them safer and stronger. These changes tweak how much money they must keep on hand and how they handle long-term debt, helping prevent financial trouble. The new rules kick in soon and could affect how these banks manage billions in assets and debt.
2026-11522 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If you or your family want to buy or control shares in a bank or bank holding company, you need to tell the Federal Reserve and wait for approval. The Federal Reserve reviews these requests carefully and invites the public to share their thoughts by June 24, 2026. This keeps bank ownership clear and fair, making sure big money moves get the green light before they happen.
2026-11523 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Some companies want to become bank holding companies or merge with others, which means they’ll control banks or other financial businesses. If you want to share your thoughts, you’ve got until July 9, 2026, to send comments. These changes could shake up local banking, so keep an eye on who’s joining forces and when!
2026-11448 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Some folks want to buy 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 June 23, 2026, to speak up! This process helps keep banks strong and protects everyone’s money.
2026-11355 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Mascoma Mutual Financial Services from New Hampshire is merging with Androscoggin Bancorp in Maine and will also take over Portland Trust Company to offer trust services. This means bigger banking options and new services for customers in these areas. The Federal Reserve fixed a previous notice to make sure everyone knows the details clearly.
2026-11100 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Bank companies want to grow by forming new groups, buying other banks, or merging with them. If you’re involved with these companies, you can share your thoughts by July 3, 2026. These moves could change who controls local banks and might affect money and services in your community.
Previous / Next Documents
Previous: 2025-06872 — Submission for OMB Review; Transfer Order-Surplus Personal Property and Continuation Sheet, Standard Form (SF) 123
The government is asking to keep using a form called SF 123, which helps track extra government stuff being passed around. This affects agencies that handle surplus property and makes sure paperwork stays simple and clear. No big changes or costs, just a smooth extension to keep things running on time.
Next: 2025-06875 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
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 22, 2025, to send comments. This process affects banks, their owners, and the public, making sure everything stays safe and fair in banking.