Fed Reviews Proposed Bank Share Acquisition in Small Texas Town
Published Date: 1/7/2026
Notice
Summary
Some folks want to buy more shares of a bank in Sterling City, Texas, and the Federal Reserve is checking it out. If you want to share your thoughts, you’ve got until January 22, 2026, to speak up. This process helps keep bank ownership clear and fair, making sure everything’s on the up and up before the sale happens.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Public comment chance on local bank sale
A group of named residents from Sterling City, Texas, applied to acquire additional voting shares of Sterling City Bancshares, Inc., and indirectly The First National Bank of Sterling City. If you want to express your views, you can submit written comments to the Federal Reserve Bank of Dallas or to the Board of Governors by January 22, 2026.
Comments will be publicly disclosed
Comments sent about the application will generally be made public without change, so you should not include confidential or identifying information in your submission. The notice warns that business or personal contact details sent in comments may be disclosed.
Application files available for inspection
The public portions of the applications and related filings are available for immediate inspection at the Federal Reserve Bank of Dallas (2200 North Pearl Street, Dallas, TX 75201-2272) and at the Board of Governors' offices; they are also available via the Board's Freedom of Information Office. You can request expedited access or obtain the files by contacting the indicated Federal Reserve Bank or the Board's FOIA office.
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Key Dates
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