Fed Reviews More Bank Marriages in Its Usual Safety Check
Published Date: 10/21/2026
Notice
Summary
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you want to share your thoughts, you have until November 20, 2026, to send comments. This process affects banks, companies, and the public by making sure these deals are safe and fair.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Chime aims to become a bank holding company
Chime Financial, Inc., of San Francisco, filed with the Federal Reserve to become a bank holding company by acquiring Central Service Corporation and thereby indirectly acquiring Stride Bank (Enid, Oklahoma). The application was submitted under the Bank Holding Company Act and Regulation Y and is available for public inspection at the Federal Reserve Bank of San Francisco and the Board of Governors.
Public comment deadline and disclosure rules
You may submit written comments on these applications to the Federal Reserve Bank of San Francisco (101 Market Street, San Francisco, CA 94105-1579) or to the Board of Governors by mail to Benjamin W. McDonough, Secretary of the Board, Washington, DC 20551-0001, or electronically to [email protected]. Comments must be received not later than November 20, 2026, and comments will be made publicly available without change, so they should not include confidential information.
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Key Dates
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