2026-20149NoticeWallet

Who’s buying bank shares? Fed checks, you comment quick

Published Date: 10/1/2026

Notice

Summary

Some folks want to take control of savings and loan companies by buying shares, and the Federal Reserve is checking it out. If you want to share your thoughts, you’ve got until October 16, 2026, to speak up. This affects people who own or want to own parts of banks, and it’s all about keeping things fair and safe with money.

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

Public comment window closes October 16, 2026

You can submit written comments about proposed acquisitions of shares in a savings and loan holding company, but those comments must be received by the Federal Reserve Bank or the Board of Governors not later than October 16, 2026.

Comments will be made public

Comments submitted about these applications are subject to public disclosure and generally will be made available without changes, so you should not include confidential or identifying business information in your submission.

Named applicants seek indirect control of Midfirst Bank

The notice identifies Marissa B. Records and Raymond Kido as applicants seeking to indirectly acquire voting shares of Midland Financial Co. and Midfirst Bank (all of Oklahoma City, Oklahoma); the public portions of those applications are available for inspection at the Federal Reserve Bank of Kansas City and the Board of Governors and can be requested via the Board's FOIA process.

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Key Dates

Published Date
Effective Date
10/1/2026
10/16/2026

Department and Agencies

Department
Independent Agency
Agency
Federal Reserve System
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