Release

Release Date: November 20, 2020

The following companies and individuals seek System approval to acquire a bank holding company, a savings and loan holding company, bank or savings and loan association or a nonbanking company in a transaction that is subject to the Bank Holding company Act of 1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C. 1817 (j)), the Home Owners' Loan Act (12 U.S.C.1467a), Regulations Y, LL, MM, or other applicable statutes and regulations. Comments regarding the applications and notices must be received in writing at the Reserve Bank indicated, or at the Board of Governors, no later than the end of the public comment period. Addresses for the Board and the Federal Reserve Banks are listed at the end of this release.

The public portions of the applications and notices, as well as other related filings required by the Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank; addresses are listed at the end of this release. Applications and notices also may be obtained from the Board. Additional information on all bank holding companies may be obtained from the National Information Center website.

The database contains 136 records that match your search criteria.

Applicant or notificant  Acquiree or activity Section
of law
 
Reserve
Bank
End of
Comment Period
(mm/dd/yyyy) 
Abilene Holdco, Inc., Abilene, Texas; to become a bank holding company by acquiring BSA Bankshares, Inc., Abilene, Texas, and BSA Delaware, Inc., Wilmington, Delaware, and thereby indirectly acquire First State Bank, Abilene, Texas. 3 Dallas 10/01/2020
ACE Investments, LLC, Newburg, Missouri; Aaron C. Espinoza, individually and as owner of Ace Investments LLC, also of Newburg, Missouri; Kyle Espinoza, Nashville, Tennessee; the Charles G. Bollinger Revocable Trust, and others; as a group acting in concert to acquire voting shares of Newburg Insurance Agency, Inc., and thereby indirectly acquire voting shares of Citizens Bank of Newburg, both of Rolla, Missouri. CIBC Kansas City 07/02/2020
AgCom Holdings, Inc., Holstein, Iowa; to become a bank holding company by acquiring Maxwell State Bank, Maxwell, Iowa. 3 Chicago 10/02/2020
Ameriprise Financial, Inc., Minneapolis, Minnesota; to engage, through its subsidiaries Threadneedle Asset Management Holdings Limited; and more Threadneedle Portfolio Services Limited; and more, all of London, in real estate activities permissible under §238.53(b)(4)-(b)(8) of Regulation LL. 10 Chicago 11/13/2020
BancKentucky, Inc., Murray, Kentucky; to engage de novo in the acquisition of improved real estate for remodeling, rehabilitation, modernization, renovation, or demolition and rebuilding for sale or for rental and maintenance and management of improved real estate per §238.53(b)(7)-(8). 10 St. Louis 11/16/2020
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota; to acquire additional voting shares of Security State Bank Holding Company, Fargo, North Dakota, and thereby indirectly acquire additional voting shares of Bank Forward, Hannaford, North Dakota. 3 Minneapolis 10/26/2020
Barkat Ali, Mike Farhat, both of Southlake, Texas; Kevin Johnston, Pantego, Texas; Judy Han, Wea Lee, both of Houston, Texas; Young Yoo, Clinton Dunn, both of Dallas, Texas; Jeung-Ho Park, Irving, Texas; and many more; as a group acting in concert, to acquire voting shares of Riverbend Financial Corporation, and indirectly acquire voting shares of Spectra Bank, both of Fort Worth, Texas. CIBC Dallas 08/13/2020
Bartow Morgan, Jr., Richard Brand Morgan, Patricia Morgan Thomas, James Bradford Smith, all of Atlanta, Georgia, Patricia MacLaurin Morgan Farrior, Tampa, Florida, and Paul Mangum Morgan, New York, New York; as a group acting in concert to acquire voting shares Georgia Banking Company, Inc., and thereby indirectly acquire voting shares of Georgia Banking Company, both of Sandy Springs, Georgia. CIBC Atlanta 11/18/2020
Beal Financial Corporation, Plano, Texas; to become a bank holding company through the conversion of the charter of its existing wholly owned subsidiary bank, Beal Bank SSB, Plano, Texas, and to engage in the operation of an industrial bank, 3 and 4 Dallas 11/12/2020
Beal Financial Corporation, Plano, Texas; to become a bank holding company through the conversion of the charter of its existing wholly owned subsidiary bank, Beal Bank SSB, Plano, Texas, and to continue the operation as a bank of a Nevada thrift company, Beal Bank USA, Las Vegas, Nevada. 3 Dallas 11/20/2020

Addresses for Comments and Information Requests

Addresses for comments differ from those for information requests.

Last Update: November 20, 2020 4:15 PM