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Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

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Published April 3rd, 2026
Detected April 3rd, 2026
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Summary

The Federal Reserve System published a notice on April 3, 2026, addressing the filing requirements for change in bank control notices and acquisitions of shares of banks or bank holding companies. The notice provides procedural guidance on how entities should submit regulatory filings for acquisitions affecting control of banking organizations. This is a routine procedural notice establishing the framework for such filings.

What changed

The Federal Reserve issued a notice (91 FR 16944, Document No. 2026-06545) published on April 3, 2026, addressing the procedures and requirements for filing change in bank control notices and share acquisitions involving banks or bank holding companies. The notice serves to inform prospective acquirers and investors of the regulatory filing process for transactions that may result in a change of control at federally supervised banking institutions.

Entities considering acquisitions of shares that could result in a change of control of a bank or bank holding company should ensure compliance with the Federal Reserve's filing requirements. Prospective acquirers should submit the appropriate notices and obtain regulatory approval or non-objection before completing transactions that trigger control thresholds. Failure to properly file may result in regulatory enforcement action.

What to do next

  1. Review Federal Reserve filing requirements for change in bank control notices before completing acquisitions
  2. Submit required notices to the appropriate Federal Reserve district bank for transactions affecting control of banking organizations
  3. Ensure compliance with the Bank Holding Company Act and related regulations when acquiring voting shares of banks or bank holding companies

Source document (simplified)

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Legal Status

Notice

Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

A Notice by the Federal Reserve System on 04/03/2026

  • 1.

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  • Document Details Published Content - Document Details Agency Federal Reserve System Document Citation 91 FR 16944 Document Number 2026-06545 Document Type Notice Page 16944
    (1 page) Publication Date 04/03/2026 Published Content - Document Details

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  • Document Details Published Content - Document Details Agency Federal Reserve System Document Citation 91 FR 16944 Document Number 2026-06545 Document Type Notice Page 16944
    (1 page) Publication Date 04/03/2026 Published Content - Document Details

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- Public Inspection Public Inspection This PDF is FR Doc. 2026-06545 as it appeared on Public Inspection on
04/02/2026 at 8:45 am.

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times while on Public Inspection.

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Published Document: 2026-06545 (91 FR 16944) This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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Federal Reserve System

The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 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, Benjamin W. McDonough, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than April 20, 2026.

A. Federal Reserve Bank of Cleveland (Jenni M. Frazer, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments can also be sent electronically to Comments.applications@clev.frb.org:

  1. Russell A. Weaver II and Sandra M. Weaver, both of Shippenville, Pennsylvania, and Wanda K. Weaver-Marshall, Venus, Pennsylvania; to form the Weaver Family Control Group, a group acting in concert, to retain voting shares of Fryburg Banking Company Inc., and thereby indirectly retain voting shares of First United National Bank, both of Fryburg, Pennsylvania.

B. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001. Comments can also be sent electronically to KCApplicationComments@kc.frb.org:

  1. James N. Carson, Stillwell, Oklahoma; to retain voting shares of Carson Financial Holding Company, Inc., and thereby indirectly retain voting shares of Carson Community Bank, both of Stilwell, Oklahoma.

Board of Governors of the Federal Reserve System.

Erin Cayce,

Assistant Secretary of the Board.

[FR Doc. 2026-06545 Filed 4-2-26; 8:45 am]

BILLING CODE P

Published Document: 2026-06545 (91 FR 16944)

Classification

Agency
Federal Reserve System
Published
April 3rd, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
91 FR 16944

Who this affects

Applies to
Banks Investors
Industry sector
5221 Commercial Banking
Activity scope
Bank Acquisitions Change in Bank Control Filings Voting Share Acquisitions
Geographic scope
United States US

Taxonomy

Primary area
Banking
Operational domain
Compliance
Compliance frameworks
Basel III
Topics
Securities Corporate Governance

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