Notice of Bank Holding Company Applications
The Office of the Federal Register has issued a notice stating that several companies have applied to the Board for approval to become a bank holding company and/or acquire the assets or ownership of a bank or bank holding company. The public portions of the applications are available for inspection at the Federal Reserve Bank(s) indicated and the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act, with comments subject to public disclosure.
Key Takeaways:
- The Office of the Federal Register has issued a notice for several companies to apply for bank holding company approval.
- The companies listed in the notice have applied to acquire the assets or ownership of a bank or bank holding company.
- The public portions of the applications are available for inspection at the Federal Reserve Bank(s) indicated and the offices of the Board of Governors.
- Interested persons may express their views in writing on the standards enumerated in the BHC Act.
- Comments received are subject to public disclosure and will be made available without change.
- Comments should not include any information that would not be appropriate for public disclosure.
- United Community Bancorp, Inc. has applied to acquire Midland Bancshares, Inc. and thereby indirectly acquire Midland Community Bank.
- The applications are available for inspection at the Federal Reserve Bank of Chicago and the offices of the Board of Governors.
- Comments regarding the applications must be received by August 21, 2025.
Statistics:
- The notice was filed on July 21, 2025.
- Comments regarding the applications must be received by August 21, 2025.
- The applications are available for inspection at the Federal Reserve Bank of Chicago and the offices of the Board of Governors.
- United Community Bancorp, Inc. is based in Chatham, Illinois.
Sources:
- Federal Register notice FR Doc. 2025-13781 Filed 7-21-25; 8:45 am
- Board of Governors of the Federal Reserve System. Erin Cayce, Assistant Secretary of the Board.