Fed Eyes Family Bank Buyouts for Safety
Published Date: 6/9/2025
Notice
Summary
Families and groups wanting to buy or keep big chunks of banks must tell the Federal Reserve and wait for approval. The public can check these plans and share their thoughts by June 24, 2025. This keeps bank ownership clear and fair, making sure no surprises pop up with who controls the money.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Must File Change-in-Control Notice
If you or a family/group want to acquire or retain voting shares of a bank or bank holding company, you apply to the Federal Reserve under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y Sec. 225.41. The Board will consider the factors listed in paragraph 7 of the Act when deciding on the application.
Public Access and Comment Rights
You can inspect the public portions of these bank-control applications at the Federal Reserve Bank listed (for example, Federal Reserve Bank of Atlanta, 1000 Peachtree Street NE, Atlanta, Georgia 30309) and at the Board of Governors. You may also request records via the Board's FOIA link (https://www.federalreserve.gov/foia/request.htm) and you can submit written comments on the applications by June 24, 2025.
Comments Will Be Publicly Disclosed
If you send comments about these applications, those comments are generally made public without change and may include personal or business contact or identifying information. Do not include confidential or sensitive information in your submission because comments are subject to public disclosure.
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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.
2026-09891 — Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
Some companies want to start or buy businesses that do activities related to banking but aren’t banks themselves. The Federal Reserve is letting the public know and asking for comments by June 2, 2026. This helps keep banking safe and fair while allowing new business moves across the U.S.
2026-09890 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If you want to buy or control shares in a bank or bank holding company, you need to tell the Federal Reserve first. They’re reviewing requests like the Mahar Family’s plan to keep control of their bank in North Dakota. If you want to share your thoughts, you’ve got until June 2, 2026, to speak up—so don’t miss the deadline!
2026-09806 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Some families and trusts want to buy more shares in a bank and its holding company in Kansas. The Federal Reserve is checking their applications and wants the public to share thoughts by June 1, 2026. This process helps keep bank ownership clear and fair, making sure big money moves get a thumbs-up before they happen.
2026-09529 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If you want to buy or control a bank or bank holding company, you need to tell the Federal Reserve and wait for approval. People affected include those trying to buy shares in banks like Grant County Bank or Cattlemens Bank. You’ve got until May 28, 2026, to send your comments, so don’t miss the deadline if you want to have your say!
2026-09389 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If someone wants to buy a big chunk of a bank or a company that owns a bank, they have to tell the Federal Reserve first. People can check out these plans and share their thoughts by May 27, 2026. This keeps bank ownership clear and fair, making sure no surprises pop up with money or control changes.
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