Fed Reviews Bank Mergers: Comment by October, Nothing Thrilling
Published Date: 9/14/2026
Notice
Summary
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you have thoughts, you can send your comments by October 14, 2026. This affects banks, companies, and the public, making sure everything follows the rules before any big money moves happen.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Public Comment Deadline and Disclosure
You can send written comments about these bank-holding-company applications, but they must arrive by October 14, 2026. Comments are subject to public disclosure and generally will be made available without change, so do not include confidential or identifying information you do not want published.
TabaPay's Bank Holding Company Application
TabaPay, Inc. has applied to become a bank holding company by acquiring Transact Bank, National Association. TabaPay also proposes to engage de novo in data processing activities under Regulation Y §225.28(b)(14) and to conduct money transmission activities through its subsidiary pursuant to section 4(c)(8) of the Bank Holding Company Act, with nonbanking activities to be conducted throughout the United States.
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Key Dates
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