Federal Reserve Notice on Bank Control Change Applications

Regs.gov: Federal Reserve System

Published March 26th, 2026

Detected March 28th, 2026

Summary

The Federal Reserve Board has published a notice regarding applications filed under the Change in Bank Control Act. These applications seek approval to acquire shares of a bank or bank holding company. Interested parties can submit written comments by April 13, 2026.

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What changed

The Federal Reserve Board has issued a notice detailing applications received under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (§ 225.41). The notice lists specific applicants seeking to acquire shares of banks or bank holding companies, including an application by Ismet (“Michael”) I. Sema to retain voting shares of Brighton Bancorp, Inc., and indirectly Brighton Bank.

Compliance officers should note that public comments regarding these applications are accepted and must be received by the Board of Governors or the indicated Federal Reserve Bank no later than April 13, 2026. Comments are subject to public disclosure, and applicants should ensure no confidential information is included. This notice serves as an informational item regarding pending applications and does not impose new compliance obligations beyond the existing requirements of the Change in Bank Control Act.

What to do next

Submit written comments regarding applications by April 13, 2026, if applicable.
Ensure any submitted comments do not contain confidential or inappropriate information for public disclosure.

Source document (simplified)

Content

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 13, 2026.

A. Federal Reserve Bank of St. Louis (Holly A. Rieser, Senior Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can also be sent electronically to Comments.;applications@stls.frb.org:

Ismet (“Michael”) I. Sema, Miami Beach, Florida; to retain voting shares of Brighton Bancorp, Inc., and thereby indirectly retain voting shares of Brighton Bank, both of Brighton, Tennessee.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-05993 Filed 3-26-26; 8:45 am] BILLING CODE P