Federal Reserve Notice on Nonbanking Activities and Acquisitions

Detected March 19th, 2026

Summary

The Federal Reserve Board has published a notice regarding companies that have provided notice under the Bank Holding Company Act to engage in nonbanking activities or acquire other companies. The notice lists specific applications and provides a deadline for public comments.

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What changed

The Federal Reserve Board has issued a notice detailing companies that have submitted applications under section 4 of the Bank Holding Company Act (BHC Act) and Regulation Y to engage in de novo nonbanking activities or to acquire other companies. These activities are listed in § 225.28 of Regulation Y or have been determined by the Board to be closely related to banking. The notice includes an example of Columbia Financial, Inc.'s application to acquire Northfield Bancorp, Inc. and indirectly Northfield Bank, to engage in operating a savings association.

Interested parties can submit written comments on whether these proposals comply with the BHC Act standards. Comments must be received by April 20, 2026, and will be made publicly available without modification. The applications and related filings are available for inspection at the indicated Federal Reserve Banks and the Board of Governors' offices.

What to do next

Review applications for nonbanking activities and acquisitions.
Submit written comments by April 20, 2026, if interested in any proposal.

Source document (simplified)

Content

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC
Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company,
including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking
activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely
related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted
throughout the United States.

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 question whether the proposal complies with the standards of
section 4 of the BHC 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.

Unless otherwise noted, comments regarding the 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 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:

Columbia Financial, Inc., Fair Lawn, New Jersey; to acquire Northfield Bancorp, Inc., Woodbridge, New Jersey, and thereby indirectly acquire Northfield Bank, Staten Island, New York, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of the Board's Regulation Y.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-05415 Filed 3-18-26; 8:45 am] BILLING CODE P