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Banks (Finance)

Federal Reserve Publishes Change in Bank Control Act Applications

Strategic Insights

— 2 min read

A series of applications under the Change in Bank Control Act, published by the U.S. Federal Reserve System, has attracted attention from various individuals and partnerships seeking to either acquire or retain voting shares in bank and holding companies. The applications were filed with the Federal Reserve Banks of New York, Atlanta, and Kansas City, and include a family partnership in Scotia, New York, a group of family members from Louisiana, and a trust seeking to retain voting shares in a financial holding company in Colorado. Comments on these applications are due by September 19, 2025.

Key Takeaways:

  • The Federal Reserve System has published applications under the Change in Bank Control Act from various individuals and partnerships seeking to acquire or retain voting shares in bank and holding companies.
  • The applications were filed with the Federal Reserve Banks of New York, Atlanta, and Kansas City, and include a family partnership in Scotia, New York, and a group of family members from Louisiana.
  • The applications also include a trust and other members of a family group seeking to retain voting shares in a financial holding company and a related institution in Colorado.
  • The deadline for submission of comments on these applications is September 19, 2025.
  • Comments can be submitted electronically or in writing to the respective Federal Reserve Banks.
  • The applications were published in the Federal Register on September 4, 2025 (Federal Register, 2025-16967).
  • The solicitations include names of the applicants, including LH Buhrmaster Qualified Family Limited Partnership, Charlotte Moody Leonards, and The Leslie D. Vollbracht Non-Exempt Marital Trust.
  • The applications involve potential changes in bank control and voting shares in financial institutions, which may have implications for the stability and soundness of the financial system.

Statistics:

  • The deadline for comments on the applications is September 19, 2025.
  • The applications were published in the Federal Register on September 4, 2025 (Federal Register, 2025-16967).
  • A total of 11 applications were filed with the Federal Reserve Banks, involving various individuals and partnerships.
  • The applicants are seeking to acquire or retain voting shares in bank and holding companies in New York, Louisiana, and Colorado.
  • Comments can be submitted electronically or in writing to the respective Federal Reserve Banks.

Sources:

  • Federal Register, "Change in Bank Control—Notices Acquisitions of Shares of a Bank or Bank Holding Company" (2025-16967)
  • Federal Reserve Bank of New York, "Comments on Change in Bank Control Act Applications" (Applications.applications@ny.frb.org)
  • Federal Reserve Bank of Atlanta, "Comments on Change in Bank Control Act Applications" (Applications.Comments@atl.frb.org)
  • Federal Reserve Bank of Kansas City, "Comments on Change in Bank Control Act Applications" (KCApplicationComments@kc.frb.org)

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