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Filing Resources
Newspaper Notices Federal Reserve Bank of Richmond Change in Control Bank Holding Company Formation/Expansion State Member Bank Merger State Member Bank Domestic Branch Notice of Change in Control of a
State Member Bank or Bank Holding Company
(Name, city and state of each notificant) intends
to apply to the Federal Reserve Board for permission
to (acquire/retain) (10 percent or
more/25 percent or more) of the shares
and thereby control of (name of bank or
bank holding company and location of head office).
((Banking holding company) controls
(name and head office locations of subsidiary
banks).) The Federal Reserve considers
a number of factors in deciding whether to
approve the notice.
You are invited to submit comments in writing on this notice to the Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond, VA 23261. The comment period will not end before (insert date-must be no less than 20 days from date of notice) and may be somewhat longer. The Board's procedures for processing applications may be found at 12 C.F.R. Part 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the notice, contact Adam M. Drimer, Assistant Vice President, at (804) 697-8980. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the notice if they are received in writing by the Reserve Bank on or before the last day of the comment period. Instructions
Acquiring parties must publish an announcement of their
proposed acquisition in the above prescribed
form. The announcement may be published no
earlier than 15 calendar days prior to
the date the Reserve Bank receives the change
in control notification and no later than 10
calendar days after the filing date. For a
change in control of a bank holding company,
the announcement must be published in a newspaper
of general circulation in the community in
which the head office of the company to be
acquired is located, plus each community in
which the head office of a bank subsidiary
is located. For a change in control of a state
member bank, the announcement must be published
in the community in which the head office of
the bank is located. The announcement need
be published only once in each newspaper, providing
a period for public comment extending at least
20 days after the publication date. A
publisher's affidavit from each newspaper should
be forwarded with the change in control notice
or as soon thereafter as possible.
The Federal Reserve must also publish an announcement of the proposed acquisition in the Federal Register, allowing for a 15-day comment period. Acquirers may submit a request, including the specific information shown above, to the Reserve Bank to arrange for this publication no earlier than 15 calendar days prior to the date the change in control notification is filed. Otherwise, the Reserve Bank will arrange for the publication upon receipt of the filing. Notice of Application/Notice for
(Formation of Bank Holding Company) or (Acquisition
of a Bank by a Bank Holding Company) or
(Merger of Bank Holding Companies)1
(Name and location of head office) intends
to apply to the Federal Reserve Board for permission
to (form a bank holding company with respect
to) (acquire a bank,) (acquire/merge
with another bank holding company,) (name
and location of head office). We intend
to acquire control of (name of bank
(and thrift, if any) and location
of head office). The Federal Reserve considers
a number of factors in deciding whether to
approve the application/notice including the
record of performance of banks we own in helping
to meet local credit needs.
You are invited to submit comments in writing on this application/notice to the Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond, VA 23261. The comment period will not end before (date must be no less than 30 days from date of notice) and may be somewhat longer. The Board's procedures for processing applications/notices may be found at 12 C.F.R. Part 262. Procedures for processing protested applications/notices may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application/notice, contact Adam M. Drimer, Assistant Vice President, at (804) 697-8980. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application/notice if they are received in writing by the Reserve Bank on or before the last day of the comment period. Instructions
The applicant must publish notice of its proposal in
the above prescribed form in newspapers of
general circulation in the communities served
by the head office of the applicant or its
lead bank, and each bank to be directly or
indirectly acquired. The notice must be published
no earlier than 15 calendar days prior
to the date the Reserve Bank receives the application
and no later than 7 calendar days after
the filing date. The notice appearing in a
particular newspaper need be published only
once, providing a period for public comment
extending at least 30 days after the date
of publication. A publisher's affidavit from
each newspaper should be forwarded with the
formal application or as soon as possible thereafter.
An application cannot be considered informationally
complete without the necessary affidavits.
The Federal Reserve must also publish notice of bank holding company proposals in the Federal Register, allowing for up to a 30-day comment period.2 Applicants may submit a request, including the specific information shown above, to the Reserve Bank to arrange for this publication no earlier than 15 calendar days prior to the date the application is filed. Otherwise, the Reserve Bank will arrange for the publication upon receipt of the filing. 1. No publication
is required for bank holding company formation
notifications filed under section 225.17
of Regulation Y, involving corporate reorganizations.
Return to text.
2. Although they are not published in local newspapers, certain proposals to engage in nonbank activities must be published in the Federal Register. This requirement is limited to non-expedited applications for nonbank activities. Return to text. Notice of Application for (Merger
of Banks) or (Purchase of Assets and Assumption
of Liabilities of a Bank)
(Name and location of head office) intends
to apply to the Federal Reserve Board for permission
to (merge with) (purchase the
assets and assume the liabilities of (a
branch, located at [address]), of) (name
and location of head office). The Federal
Reserve considers a number of factors in deciding
whether to approve the application, including
the record of performance of applicant banks
in helping to meet local credit needs.
You are invited to submit comments in writing on this application to the Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond, VA 23261. The comment period will not end before (date - must be no less than 30 days from date of first notice). The Board's procedures for processing applications may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application, contact Adam M. Drimer, Assistant Vice President, at (804) 697-8980. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application if they are received in writing by the Reserve Bank on or before the last day of the comment period. Instructions
The applicant must publish notice of its proposal in
the above prescribed form in newspapers of
general circulation in the communities served
by the head offices of the merging banks. The
notice must be published at least three times
on the same day of two consecutive weeks and
no later than the last day of the comment period,
which date must be at least 30 days after
the first publication date. The application
should be submitted to the Reserve Bank within
7 calendar days after the first publication.
The applicant is not required to publish
in every community where a branch might operate
as a result of the transaction.
A publisher's affidavit from each newspaper should be forwarded with the formal application or as soon as possible thereafter. An application cannot be considered informationally complete without the necessary affidavits. Notice of Application to Establish
a Branch of a State Member Bank
(Name and location of head office) intends
to apply to the Federal Reserve Board for permission
to establish a branch at (location).
The Federal Reserve considers a number of factors
in deciding whether to approve the application
including the record of performance of applicant
banks in helping to meet local credit needs.
You are invited to submit comments in writing on this application to the Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond, VA 23261. The comment period will not end before (date-must be no less than 15 days from date of notice). The Board's procedures for processing applications may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application, contact Adam M. Drimer, Assistant Vice President, at (804) 697-8980. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application if they are received in writing by the Reserve Bank on or before the last day of the comment period. Instructions
The applicant must publish notice of its proposal in
the above prescribed form in newspapers of
general circulation in the communities served
by the head office of the bank and the branch
office to be established. The notice need be
published only once, providing a period for
public comment extending at least 15 days
after the date of publication. The notice must
be published no more than 7 calendar days
before and no later than the calendar day on
which the Reserve Bank receives the application.
A publisher's affidavit from each newspaper should be forwarded with the formal application or as soon as possible thereafter. An application cannot be considered informationally complete without the necessary affidavits. If the establishment of a branch is part of a bank merger or purchase of assets/assumption of liabilities transaction, the applicant should follow the instructions for Notice of Application for (Merger of Banks) or (Purchase of Assets and Assumption of Liabilities of a Bank. The applicant is not required to publish in each community where a branch would be located. |