Fed Reviews Bank Mergers Across Southern States
Published Date: 1/8/2026
Notice
Summary
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you have thoughts, you can send comments by February 9, 2026. This affects banks in Florida, Puerto Rico, Alabama, and Georgia, and could change who controls these banks soon.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 1 costs, 2 mixed.
Application to Acquire Eastern National Bank
FNA Holding Inc. (Weston, Florida) and FACEBANK International Corporation (Guaynabo, Puerto Rico) have applied to the Federal Reserve to become bank holding companies by acquiring Eastern National Bank in Miami, Florida. The public portions of the application are available for inspection at the Federal Reserve Bank of Atlanta and via the Board's FOIA process, and comments are due by February 9, 2026.
CBS Banc‑Corp Acquisition Affecting Trenton, GA Bank
CBS Banc-Corp., Russellville, Alabama, has applied to acquire TAG Bancshares Inc., and thereby indirectly acquire Citizens Bank and Trust, Inc., in Trenton, Georgia. The application materials can be inspected at the Federal Reserve Bank of Atlanta or the Board's offices, and the comment deadline is February 9, 2026.
Public Comments Are Made Public — Protect Private Info
Comments on these applications must be submitted by February 9, 2026, and comments received are generally made publicly available without change. Do not include confidential business or personal contact information in comments because they may be disclosed.
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Key Dates
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