Fed Eyes New Owners for Local Savings and Loans
Published Date: 3/2/2026
Notice
Summary
Some folks want to buy shares of a savings and loan holding company, which means they could control a local bank. If you care about who runs your bank, you can check out their plans and share your thoughts by March 17, 2026. This process keeps bank ownership clear and fair, making sure everyone plays by the rules.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Public access to filings and FOIA requests
The public portions of the applications to acquire control of a savings and loan holding company are available for immediate inspection at the Federal Reserve Bank(s) indicated and at the Board of Governors' offices. You can also request the information on an expedited basis through the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
You can submit comments by March 17, 2026
If you want to express your views about the proposed acquisition, you may submit written comments on the standards in paragraph 7 of the Change in Bank Control Act. Comments about the listed application must be received at the Federal Reserve Bank of Chicago or the Board of Governors (Benjamin W. McDonough, Deputy Secretary) not later than March 17, 2026.
Comments will be publicly disclosed
Comments sent about these applications will be subject to public disclosure and generally made available without change, including personal or business contact information. Do not include confidential or identifying information you do not want disclosed.
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Key Dates
Related Federal Register Documents
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Next: 2026-04097, Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Some companies want to become bank holding companies or merge with others, which means they’ll control banks and related businesses. If you’re interested, you can check out their applications and share your thoughts by April 1, 2026. These changes could shake up local banking, so keep an eye on the Federal Reserve’s decisions!