Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System has published a notice seeking public comment on applications under the Change in Bank Control Act. The notice lists one pending acquisition: James Long of New Braunfels, Texas seeks to acquire voting shares of First Commercial Financial Corporation by becoming a co-trustee of its Employee Stock Ownership Plan, which indirectly owns First Commercial Bank, N.A. in Seguin, Texas. Comments must be received by May 7, 2026.
“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 7, 2026.”
What changed
The Federal Reserve published a notice listing pending Change in Bank Control Act applications available for public inspection and comment. One application is listed: James Long seeks to acquire control of First Commercial Financial Corporation through co-trustee status of its Employee Stock Ownership Plan. The public comment period runs until May 7, 2026, with comments to be submitted to the Federal Reserve Bank of Dallas or the Board of Governors.
Affected parties include banking organizations subject to control acquisitions and investors seeking to acquire reportable positions in bank holding companies. The notice is procedural in nature and does not impose new compliance obligations. Those with interests in the listed applications may submit written comments on the standards enumerated in paragraph 7 of the Act.
Archived snapshot
Apr 22, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Notice
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
A Notice by the Federal Reserve System on 04/22/2026
PDF
Document Details
- Table of Contents
- Public Comments
- Regulations.gov Data
- Sharing
- Other Formats
- Public Inspection Published Document: 2026-07815 (91 FR 21496) Document Headings ###### 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 May 7, 2026.
A. Federal Reserve Bank of Dallas (Lindsey Wieck, Director, Mergers & Acquisitions) 2200 North Pearl Street, Dallas, Texas 75201-2272. Comments can also be sent electronically to Comments.applications@dal.frb.org:
- James Long, New Braunfels, Texas; to acquire control of voting shares of First Commercial Financial Corporation (“Corporation”), by becoming a co-trustee of First Commercial Financial Corporation Employee Stock Ownership Plan, which owns Corporation, and thereby indirectly owns First Commercial Bank, N.A., all of Seguin, Texas.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-07815 Filed 4-21-26; 8:45 am]
BILLING CODE 6210-01-P
Published Document: 2026-07815 (91 FR 21496)
CFR references
Citations
Related changes
Get daily alerts for FR: Federal Reserve System
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
Source
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from Federal Reserve System.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when FR: Federal Reserve System publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.