Federal Reserve Reviews Proposed Bank Control Acquisitions
Published Date: 3/10/2026
Notice
Summary
Some folks want to buy shares and take control of certain banks or bank companies, and the Federal Reserve is checking their applications carefully. If you want to share your thoughts about these changes, you’ve got until March 25, 2026, to speak up. This process helps keep bank ownership clear and fair, making sure big money moves get the green light properly.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Public comment on bank takeover
You can send written comments about the proposed change in control of Chesapeake Financial Shares, Inc. Comments must be received by March 25, 2026, at the Federal Reserve Bank of Richmond (P.O. Box 27622, Richmond, Virginia 23261) or at the Board of Governors (Benjamin W. McDonough, Deputy Secretary, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001). The public portions of the applications are available for inspection at the Richmond Reserve Bank and the Board, and may be requested via the Board's FOIA page: https://www.federalreserve.gov/foia/request.htm.
Comments will be publicly disclosed
If you submit a comment about the application, your comment will generally be made available to the public without change and may include personal or business contact or identifying information. Do not include confidential information in your comment. Comments and public application materials can be inspected at the Federal Reserve Bank indicated and at the Board of Governors, and records may be requested via https://www.federalreserve.gov/foia/request.htm.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Related Federal Register Documents
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
Big U.S. banks that are super important to the economy are getting new rules to keep them safer and stronger. These changes tweak how much money they must keep on hand and how they handle long-term debt, helping prevent financial trouble. The new rules kick in soon and could affect how these banks manage billions in assets and debt.
2026-09891 — Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
Some companies want to start or buy businesses that do activities related to banking but aren’t banks themselves. The Federal Reserve is letting the public know and asking for comments by June 2, 2026. This helps keep banking safe and fair while allowing new business moves across the U.S.
2026-09890 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If you want to buy or control shares in a bank or bank holding company, you need to tell the Federal Reserve first. They’re reviewing requests like the Mahar Family’s plan to keep control of their bank in North Dakota. If you want to share your thoughts, you’ve got until June 2, 2026, to speak up—so don’t miss the deadline!
2026-09806 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Some families and trusts want to buy more shares in a bank and its holding company in Kansas. The Federal Reserve is checking their applications and wants the public to share thoughts by June 1, 2026. This process helps keep bank ownership clear and fair, making sure big money moves get a thumbs-up before they happen.
2026-09529 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If you want to buy or control a bank or bank holding company, you need to tell the Federal Reserve and wait for approval. People affected include those trying to buy shares in banks like Grant County Bank or Cattlemens Bank. You’ve got until May 28, 2026, to send your comments, so don’t miss the deadline if you want to have your say!
2026-09389 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If someone wants to buy a big chunk of a bank or a company that owns a bank, they have to tell the Federal Reserve first. People can check out these plans and share their thoughts by May 27, 2026. This keeps bank ownership clear and fair, making sure no surprises pop up with money or control changes.
Previous / Next Documents
Previous: 2026-04678 — Certain Van-Type Trailers and Subassemblies Thereof From Canada, the People's Republic of China, and Mexico: Postponement of Preliminary Determinations in the Countervailing Duty Investigations
The U.S. is delaying its first decision on extra taxes for van-type trailers from Canada, China, and Mexico. This means more time to figure out if these imports get special fees to keep things fair. The new deadline for this decision is now up to 130 days after the investigation started, giving everyone a bit more breathing room.
Next: 2026-04680 — Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Louisiana
A major disaster was declared for parts of Louisiana after a severe winter storm hit from January 23-27, 2026. This declaration opens up special low-interest loans to help local nonprofits recover, with physical damage loan applications due by May 4 and economic injury loans available until December 4. If you’re in one of the affected parishes, now’s the time to apply and get the support you need!