Federal Reserve Monitors Latest Bank Control Acquisitions
Published Date: 4/3/2026
Notice
Summary
If you want to buy or keep a big chunk of a bank or its parent company, you need to tell the Federal Reserve and wait for their thumbs-up. People who want to make these moves must share info publicly and accept comments until April 20, 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, 2 costs, 0 mixed.
Filing for Bank Control Moves
If you intend to acquire or retain a controlling block of a bank or its holding company, the parties have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y Sec. 225.41, which means prospective buyers or retainers must file these applications with the Federal Reserve and the filings are publicly listed.
Public Disclosure of Comments
Any written comments about these applications are subject to public disclosure and generally will be made available without change; you should not include confidential or identifying information because submissions can be released publicly.
Inspect Applications at Reserve Banks
The public portions of the applications and related filings are available for inspection at the named Federal Reserve Banks and at the Board of Governors, and can also be requested via the Board's Freedom of Information Office or expedited FOIA request.
Local Bank Control Applications — PA & OK
There are specific applications to retain voting shares: the Weaver Family Control Group seeks to retain shares of Fryburg Banking Company, and thereby First United National Bank (Fryburg, Pennsylvania); and James N. Carson seeks to retain shares of Carson Financial Holding Company and Carson Community Bank (Stilwell, Oklahoma). Interested persons may submit comments about these applications by April 20, 2026.
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Key Dates
Related Federal Register Documents
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
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2026-05993 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
If someone wants to buy or control shares in a bank or bank holding company, they have to tell the Federal Reserve first. People can check these plans and share their thoughts by April 13, 2026. This keeps bank ownership clear and fair, making sure big money moves get a thumbs-up from the government.
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Big banks that matter most to the U.S. economy will see changes in how their risk-based capital surcharges are calculated. The new rules tweak formulas, smooth out data bumps, and update reports to better match real-world risks, with adjustments for growth and inflation each year. These updates aim to keep our financial system safer, and banks need to get ready by June 18, 2026, to share their thoughts.
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