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Bank Holding Company Merger Applications Under BHC Act, Regulation Y

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Summary

The Federal Reserve Board is accepting public comments through May 18, 2026, on bank holding company merger applications filed under the Bank Holding Company Act of 1956 and Regulation Y. Applications include University Bancorp, Inc. (Ann Arbor, MI) to merge with Greater Pacific Bancshares (Whittier, CA) and indirectly acquire Bank of Whittier, National Association. Comments will be made available for public inspection at Federal Reserve Banks and the Board's Freedom of Information Office.

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What changed

The Federal Reserve published a notice seeking public comments on pending bank holding company merger applications. The notice identifies University Bancorp, Inc.'s proposed merger with Greater Pacific Bancshares and indirect acquisition of Bank of Whittier, National Association, as the subject applications.

Affected parties include bank holding companies, banks, and nonbanking companies involved in merger transactions requiring Federal Reserve approval. The public may submit written comments on the enumerated standards in the BHC Act to the Federal Reserve Bank of Chicago or the Board of Governors by May 18, 2026. Comments received are subject to public disclosure without modification.

Archived snapshot

Apr 17, 2026

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Content

The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956
(12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company
and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company
and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below.

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 the BHC Act (12 U.S.C. 1842(c)).

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 May 18, 2026.

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 Comments.applications@chi.frb.org:

  1. University Bancorp, Inc., Ann Arbor, Michigan; to merge with Greater Pacific Bancshares, Whittier, California, and thereby indirectly acquire Bank of Whittier, National Association, Whittier, California.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-07556 Filed 4-16-26; 8:45 am] BILLING CODE P

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CFR references

12 CFR Part 225

Named provisions

Bank Holding Company Act of 1956 Regulation Y

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Last updated

Classification

Agency
FRS
Published
April 16th, 2026
Comment period closes
May 18th, 2026 (31 days)
Compliance deadline
May 18th, 2026 (31 days)
Instrument
Consultation
Legal weight
Non-binding
Stage
Consultation
Change scope
Minor
Document ID
FR Doc. 2026-07556
Docket
FRS-2026-1618-0001

Who this affects

Applies to
Banks Investors
Industry sector
5221 Commercial Banking
Activity scope
Bank mergers Acquisitions Bank holding company applications
Geographic scope
United States US

Taxonomy

Primary area
Banking
Operational domain
Compliance
Compliance frameworks
Dodd-Frank
Topics
Corporate Governance Securities

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