Federal Reserve Bank Control Acquisition Notice
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 comments by March 26, 2026.
What changed
The Federal Reserve Board has issued a notice concerning applications filed under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y. These applications pertain to the acquisition of shares in banks or bank holding companies. The notice lists specific applicants, such as Heath O'Brien Jenkins seeking to acquire shares of Genesis Bancorp, Inc. and indirectly Genesis Bank. The public can access application details and submit comments.
Regulated entities and interested parties must submit written comments regarding these applications by March 26, 2026, to the specified Federal Reserve Bank or the Board of Governors. Comments are subject to public disclosure. Failure to comply with the application or comment submission requirements could result in the disapproval of the acquisition.
What to do next
- Review applications for bank control acquisitions filed under the Change in Bank Control Act.
- Submit comments on applications by the March 26, 2026 deadline 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, 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
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