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    Home»Banking»Banking regulatory announcements currently open to comment
    Banking

    Banking regulatory announcements currently open to comment

    creditcardsconsolidatedBy creditcardsconsolidatedDecember 5, 2024No Comments3 Mins Read
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    Enjoy complimentary access to top ideas and insights — selected by our editors.

    Public comment openings are an essential part of any well-rounded legislative process, but it can be hard to keep track of all the different agencies and governance alerts that are published across the banking industry.

    Using data provided by American Banker’s regulatory data partner, RegAlytics, American Banker will provide up-to-date governance and regulatory notices from agencies including the Federal Deposit Insurance Corp., Federal Reserve, Consumer Financial Protection Bureau and more.

    Each listing includes the name of the publishing entity, the category of notice, what matter is open for public comment, a summary providing further details on the topic and a link to the announcement on each agency’s website. Summaries are taken directly from the agencies. See the full description at the link under each listing.

    Check back here each week for an updated listing of disclosures.

    READ MORE: American Banker’s full offering of regulation and compliance coverage.


    Federal Reserve — Comments due on December 6, 2024

    Formations of, Acquisitions by, and Mergers of Bank Holding Companies

    Backlund Investment Co. Employee Stock Ownership Plan, Peoria Heights, Illinois; to become a bank holding company by acquiring 25.2 percent of the voting shares of Backlund Investment Co., also of Peoria Heights, Illinois, and thereby indirectly acquiring voting shares of Better Banks, Peoria, Illinois, and State Street Bank and Trust Company, Quincy, Illinois.

    Read the full announcement here.


    FDIC — Comments due on December 6, 2024

    FDIC Extends Comment Period on Request for Information on Deposits

    The Federal Deposit Insurance Corporation (FDIC) is extending until December 6, 2024, the comment period on the agency’s Request for Information (RFI) on deposit data that is not currently reported in the Call Report or other regulatory reports, including for uninsured deposits. 

    Read the full announcement here.


    Federal Reserve — Comments due on December 18, 2024

    Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Lindsey M. Anderson, individually and as trustee of the Rick H. Gerber-Lindsey Irrevocable Trust, both of Chippewa Falls, Wisconsin; Brittney L. Gerber, individually and as trustee of the Rick H. Gerber-Brittany Irrevocable Trust, both of Altoona, Wisconsin; and Ryan M. Gerber, individually and as trustee of the Rick H. Gerber-Ryan Irrevocable Trust, both of Hayward, Wisconsin; to join the Gerber Family Control Group, a group acting in concert, to acquire voting shares of Chippewa Valley Agency, Ltd., and thereby indirectly acquire voting shares of Chippewa Valley Bank, both of Hayward, Wisconsin.

    Read the full announcement here.


    Federal Reserve — Comments due on December 26, 2024

    Formations of, Acquisitions by, and Mergers of Bank Holding Companies

    First Commerce Bancorp, Inc., Lewisburg, Tennessee; to acquire Peoples Bank of Middle Tennessee, Shelbyville, Tennessee.

    Read the full announcement here.



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