Fed Scrutinizes Notices for Bank Control Changes Ahead
Published Date: 2/27/2026
Notice
Summary
Some folks want to buy big chunks of banks or bank companies, and the Federal Reserve is checking their plans to keep things safe and fair. If you want to say something about these buyouts, you’ve got until March 16, 2026, to speak up. This process helps make sure no one sneaks in control without a proper thumbs-up from the Fed.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Public comment period — March 16, 2026
You can submit written comments about the proposed bank-share acquisition; comments must be received at the Federal Reserve Bank indicated or the Board of Governors (Benjamin W. McDonough, Deputy Secretary) not later than March 16, 2026.
Comments are publicly disclosed
If you send a comment, it will be subject to public disclosure and generally made available without change; do not include confidential personal or business identifying information in your submission.
Public inspection and FOIA access
Public portions of the applications and related filings are available for immediate inspection at the Federal Reserve Bank(s) indicated and at the Board of Governors, and may be obtained on an expedited basis by contacting the appropriate Reserve Bank or the Board's Freedom of Information Office via https://www.federalreserve.gov/foia/request.htm.
Specific acquisition filed: Patriot Financial Partners
Patriot Financial Partners (a group of entities and individuals from Radnor, Pennsylvania) filed under the Change in Bank Control Act to acquire voting shares of Parkway Bancorp, Inc., and thereby indirectly acquire voting shares of Parkway Bank and Trust Company in Harwood Heights, Illinois.
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Key Dates
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