Federal Reserve Reviews Bank Control and Share Acquisition Notices
Published Date: 9/23/2025
Notice
Summary
If you want to buy or keep big shares in a bank or bank holding company, you need to tell the Federal Reserve and wait for their okay. People affected include shareholders and banks involved in these deals. You’ve got until October 8, 2025, to send your comments, so don’t miss the deadline to have your say!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 0 costs, 2 mixed.
Public comment window and disclosure rules
If you want to comment on these bank control applications, the Federal Reserve must receive your written comments by October 8, 2025. Comments are subject to public disclosure (they will generally be made available without change), and you should not include confidential or identifying information in your submission.
Specific ESOP application to retain bank voting shares
The filing lists Southern Illinois Bancorp, Inc. Employee Stock Ownership Plan (ESOP) and named trustees seeking to retain voting shares of Southern Illinois Bancorp, Inc., and thereby indirectly retain voting shares of The First National Bank of Carmi in Carmi, Illinois. The public portions of the application are available for inspection at the Federal Reserve Bank indicated and at the Board's offices.
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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
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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.
Previous / Next Documents
Previous: 2025-18434 — 26North BDC, Inc., et al.
26North BDC and its related companies want permission to team up and invest together in the same businesses, which usually isn’t allowed. This change affects investors and the companies involved by making joint investments easier and potentially more profitable. If no one objects by October 14, 2025, the SEC will approve this new way to work together.
Next: 2025-18436 — 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 October 8, 2025. This affects companies across the U.S. and helps keep banking activities safe and fair.