Federal Reserve: Change in Bank Control Notices and Share Acquisitions
Summary
The Federal Reserve System published a notice regarding applications received under the Change in Bank Control Act for the acquisition of shares of a bank or bank holding company. Interested parties can submit comments by March 26, 2026.
What changed
The Federal Reserve System has published a notice detailing applications received under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (§ 225.41). These applications pertain to the acquisition of shares of a bank or bank holding company. The notice lists specific applicants, such as Heath O'Brien Jenkins seeking to acquire voting shares of Genesis Bancorp, Inc., and indirectly Genesis Bank.
Interested parties have until March 26, 2026, to submit written comments regarding these applications to the relevant Federal Reserve Bank or the Board of Governors. Comments are subject to public disclosure and should not contain confidential information. Failure to comply with the Act's provisions could result in regulatory action, though specific penalties are not detailed in this notice.
What to do next
- Review applications for changes in bank control and acquisitions of shares.
- Submit comments regarding applications by March 26, 2026, if applicable.
Source document (simplified)
Notice
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
A Notice by the Federal Reserve System on 03/11/2026
PDF
Document Details
- Table of Contents
- Public Comments
- Regulations.gov Data
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- Public Inspection Published Document: 2026-04741 (91 FR 11976) Document Headings ###### Federal Reserve System
( printed page 11976) 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, Deputy Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than March 26, 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:
- Heath O'Brien Jenkins, Madison, Mississippi; to acquire voting shares of Genesis Bancorp, Inc., and thereby indirectly acquire voting shares of Genesis Bank, both of Benoit, Mississippi.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-04741 Filed 3-10-26; 8:45 am]
BILLING CODE P
Published Document: 2026-04741 (91 FR 11976)
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