2025-16414: Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
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This regulation outlines the process for notifying the Federal Reserve System when individuals or entities want to acquire shares of a bank or a bank holding company. It specifies that the public can view the applications and submit comments regarding them, which will be publicly disclosed.
Plain-language description generated by AI — not the agency’s official summary, which we have not captured for this rule. Read the official text →
The rule, in full
397 words as published, August 27, 2025. View the original →
Federal Register, Volume 90 Issue 164 (Wednesday, August 27, 2025) [Federal Register Volume 90, Number 164 (Wednesday, August 27, 2025)] [Notices] [Page 41833] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-16414] ======================================================================= ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than September 11, 2025.
A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414. Comments can also be sent electronically to [email protected]:
1. The Lenore M. McCarter Declaration of Trust, Lenore M. McCarter,
as trustee, both of Snowmass, Colorado; to retain voting shares of F.N.B.C. of LaGrange, Inc., and thereby indirectly retain voting shares of FNBC Bank and Trust, both of LaGrange, Illinois. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2025-16414 Filed 8-26-25; 8:45 am] BILLING CODE P
Documents
- Full text (Federal Register) · August 27, 2025
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