Federal Reserve Notice on Savings and Loan Holding Companies

Regs.gov: Federal Reserve System

Published March 24th, 2026

Detected March 25th, 2026

Summary

The Federal Reserve Board has published a notice listing companies that have applied to become savings and loan holding companies or to acquire savings associations. The notice provides a deadline for public comments on these applications, which are subject to approval under the Home Owners' Loan Act.

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What changed

The Federal Reserve Board has issued a notice detailing applications received from various entities seeking to become savings and loan holding companies or to acquire savings associations. These applications are being reviewed under the Home Owners' Loan Act (HOLA), Regulation LL, and Regulation MM. The notice specifies that public portions of these applications are available for inspection and that interested parties can submit written comments.

Regulated entities and interested parties must submit comments regarding these applications by April 24, 2026, to the indicated Federal Reserve Bank or the Board of Governors. Comments are subject to public disclosure and should not contain confidential information. Approval of these applications will allow the listed companies to operate as savings and loan holding companies, impacting the structure and ownership of savings associations.

What to do next

Submit written comments by April 24, 2026, if interested in the listed applications.
Review applications for potential impact on business operations or market competition.
Ensure any submitted comments do not contain confidential or personally identifiable information.

Source document (simplified)

Content

The companies listed in this notice have applied to the Board for approval, pursuant to the Home Owners' Loan Act (12 U.S.C.
1461 et seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations
to become a savings and loan holding company and/or to acquire the assets or the ownership of, control of, or the power to
vote shares of a savings association.

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 whether the proposed transaction complies with the standards enumerated
in the HOLA (12 U.S.C. 1467a(e)).

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 24, 2026.

A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-1521. Comments can also be
sent electronically to Comments.applications@phil.frb.org:

Voting Trust created pursuant to the Voting Trust Agreeement by and between Vecta Partners LLC, Mark Silber, and Nicholas A. Frungillo, Jr, Nicholas A. Frungillo, Jr., as trustee, both of Mountainside, New Jersey; to register as a savings and loan holding company by retaining voting shares of Vecta Inc., and thereby indirectly retaining voting shares of Sunnyside Federal Savings and Loan Association of Irvington, both of Irvington, New York.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-05819 Filed 3-24-26; 8:45 am] BILLING CODE P