Formation – Corporate Reorganization

(Section 3(a)(1))

The formation of a one-bank holding company resulting from a reorganization from individual shareholder to corporate (or other entity) ownership. 

Section 225.17 of Regulation Y

None required

Form FR Y-3N – Notification for Prior Approval to Become a BHC, or for a BHC to Acquire an Additional BHC

30 days after receipt of a complete filing by the Federal Reserve unless applicant is otherwise notified