# 2026-19702: Fed Eyes Nonbank Business Takeovers for Approval

2026-19702, Notice of Proposals to Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, is a Federal Register notice from Federal Reserve System published 2026-09-25; PRIA reads it as touching household money (as of 2026-10-02).

- Canonical: https://policyrisk.com/federal-register/2026-19702
- As of: 2026-10-02
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-19702
- Title: Notice of Proposals to Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
- Type: Notice
- Agencies: Federal Reserve System
- Citation: 91 FR 60958
- Published: 2026-09-25
- Effective: unknown
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-10-02

## In one line

Fed Eyes Nonbank Business Takeovers for Approval

## Summary

Some companies want to start or buy businesses that do activities related to banking but aren’t banks themselves. The Federal Reserve is checking these plans and asking the public to share their thoughts by October 13, 2026. This affects companies across the U.S. and helps keep banking activities safe and fair.

## Effects PRIA read

- Middlefork Seeks Community Development Powers: mixed, low. Middlefork Financial Group (Hyden, Kentucky) has filed a notice under section 4 of the Bank Holding Company Act and Regulation Y to engage in community development activities pursuant to 12 CFR 225.28(b)(12). Unless otherwise noted, the filing says these activities would be conducted throughout the…
- JGS Jr. Family Holding Wants to Lend and Service Loans: mixed, low. JGS Jr. Family Holding Corporation (Salt Lake City, Utah) has given notice under section 4 of the Bank Holding Company Act and Regulation Y to engage in extending credit and servicing loans pursuant to 12 CFR 225.28(b)(1). The filing indicates these activities would be conducted throughout the Unit…

## Related documents

- [2026-08298](https://policyrisk.com/federal-register/2026-08298): Regulatory Capital Rule: Community Bank Leverage Ratio Framework, 2026-04-29
- [2026-05960](https://policyrisk.com/federal-register/2026-05960): Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets, 2026-03-27
- [2025-21626](https://policyrisk.com/federal-register/2025-21626): Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank H…, 2025-12-01
- [2025-21625](https://policyrisk.com/federal-register/2025-21625): Regulatory Capital Rule: Revisions to the Community Bank Leverage Ratio Framework, 2025-12-01
- [2026-20668](https://policyrisk.com/federal-register/2026-20668): Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 2026-10-08
- [2026-20509](https://policyrisk.com/federal-register/2026-20509): Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks: Bank Holding Companies, 2026-10-07

## Sources
- [2026-19702 on federalregister.gov](https://www.federalregister.gov/documents/2026/09/25/2026-19702/notice-of-proposals-to-engage-in-or-to-acquire-companies-engaged-in-permissible-nonbanking)
- [2026-19702 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-09-25/pdf/2026-19702.pdf)

## Related
- [Previous: 2026-19701, Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holdin…](https://policyrisk.com/federal-register/2026-19701)
- [Next: 2026-19703, Intent to Request an Revision From OMB of One Current Public Collection of Info…](https://policyrisk.com/federal-register/2026-19703)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-19702 (as of 2026-10-02).