Fed eyes bank control bids: Speak up by mid-October
Published Date: 10/2/2026
Notice
Summary
If you want to buy or control shares in a bank or bank holding company, you need to tell the Federal Reserve first. They review these requests carefully and let the public see the details and share their thoughts by October 19, 2026. This keeps bank ownership clear and fair, so everyone knows who’s in charge and when changes happen.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Must file with Fed to acquire bank control
If you want to acquire or control shares of a bank or a bank holding company under the Change in Bank Control Act and Regulation Y (12 CFR 225.41), you must apply to the Federal Reserve. The Board reviews applications using the factors set forth in paragraph 7 of the Act.
Applications available for public inspection
The public portions of these change-in-control applications are available for immediate inspection at the Federal Reserve Bank(s) named in the notice and at the Board of Governors' offices. You can also request the information from the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
Public comment period and disclosure rules
Anyone may submit written comments on the applications and the standards in paragraph 7 of the Act; comments must be received at the listed Reserve Bank or the Board of Governors by October 19, 2026. Comments will be made publicly available without change (so do not include confidential or identifying information); the notice lists Reserve Bank contacts and emails for submissions.
Named applicants seeking to retain bank control
The notice names two specific applications: the Mouser Family Control Group to retain voting shares of Victory Bancshares, Inc., and thereby Mt. Victory State Bank (Mt. Victory, Ohio); and Robert D. Cook to retain voting shares of TCB Bancshares, Inc., and thereby The Commercial Bank (Crawford, Georgia). These filings are available for inspection and comment as described in the notice.
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Key Dates
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