Federal Reserve Bank Control Acquisition Notice

Regs.gov: Federal Reserve System

Published March 9th, 2026

Detected March 14th, 2026

Summary

The Federal Reserve System has posted a notice regarding applications received 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 25, 2026.

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What changed

The Federal Reserve System has published a notice detailing applications filed under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (§ 225.41). These applications pertain to individuals or groups seeking to acquire control of voting shares of banks or bank holding companies. The notice specifies that public portions of these applications are available for inspection, and interested persons may submit written comments.

Regulated entities and interested parties must submit comments regarding these applications no later than March 25, 2026, to the indicated Federal Reserve Bank or the Board of Governors. The Federal Reserve will consider the factors outlined in paragraph 7 of the Act when reviewing these applications. Comments received are subject to public disclosure.

What to do next

Review applications for bank control acquisitions posted by the Federal Reserve.
Submit comments on applications by March 25, 2026, if applicable.

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 25, 2026.

A. Federal Reserve Bank of Richmond (Brent B. Hassell, Assistant Vice President) P.O. Box 27622, Richmond, Virginia 23261. Comments can also be sent electronically
to Comments.applications@rich.frb.org:

Molly D. McEvoy, Richmond, Virginia; to join the Monroe Family Control Group, a group acting in concert, to acquire control of voting shares of Chesapeake Financial Shares, Inc. (Chesapeake), by becoming a trustee of the Doug Monroe III GRAT Sub-Trust and Mark Monroe GRAT Sub-Trust, which own Chesapeake, and thereby indirectly own Chesapeake Bank, both of Kilmarnock, Virginia.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2026-04679 Filed 3-9-26; 8:45 am] BILLING CODE 6210-01-P