Fed Seeks Input on Bank Share Acquisitions
Published Date: 7/7/2026
Notice
Summary
If you want to buy shares in a bank or a bank holding company, you need to tell the Federal Reserve first. They’re checking these requests carefully and want to hear from the public by July 22, 2026. This helps keep banks safe and fair while making sure everyone knows who’s in charge.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Must Notify Fed Before Buying Bank Shares
If you want to buy shares in a bank or a bank holding company, you must apply to the Federal Reserve under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y Sec. 225.41 before completing the acquisition. The Federal Reserve will review applications under paragraph 7 of the Act to decide whether to allow the share acquisition.
Public Can Inspect Files and Comment
The public portions of these change-in-control applications are available for inspection at the Federal Reserve Bank listed or at the Board of Governors, and you can request copies via the Board's FOIA page at https://www.federalreserve.gov/foia/request.htm. If you want to submit comments, send them to the Reserve Bank indicated or to the Board Secretary so they arrive not later than July 22, 2026.
Comments Will Be Public — Don't Include Secrets
Comments submitted on these applications are subject to public disclosure and generally will be made available without change, including contact or identifying information. Do not include confidential business information or other details you do not want publicly disclosed when you submit comments.
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Key Dates
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