Banks Plot Mergers: Fed Calls for Public Commentary
Published Date: 1/26/2026
Notice
Summary
Bank companies want to join forces, buy, or merge with other banks, and the Federal Reserve is checking their applications. If you’re involved with these companies or just curious, you can share your thoughts by February 25, 2026. These moves could change who controls certain banks and might affect money flow in your community.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 0 costs, 3 mixed.
Federal Reserve Reviewing Bank Deals
The Federal Reserve is reviewing applications under the Bank Holding Company Act and Regulation Y for companies that want to form, acquire, or merge with bank holding companies or banks. These applications seek approval to acquire ownership, control, or voting power of banks and related nonbank companies.
Public Comment, Deadline, and Disclosure
Anyone may submit written comments on these applications, and comments must be received by February 25, 2026. Comments are subject to public disclosure and will generally be made available without change, so you should not include confidential contact or business information in your submission.
Burke & Herbert Proposed LinkBank Purchase
Burke & Herbert Financial Services Corp., Alexandria, Virginia, has applied to acquire LINKBANCORP, Inc., and thereby indirectly acquire LINKBANK of Camp Hill, Pennsylvania. This specific application is listed for public inspection and comment under the Federal Reserve review process.
Application Materials Available to Public
The public portions of the applications and related filings are available for inspection at the Federal Reserve Bank indicated in each notice and at the Board of Governors' offices, and can also be requested via the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
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Key Dates
Related Federal Register Documents
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