Filing Types - State Member Banks


Change in Control

Type of Filing Description
Who Must File
Publication Requirements Forms Required Approximate Processing Time

Change in Control

A change in control in which any person(s) proposes to own, control, or hold with power to vote 25 percent or more (10% in some cases) of any class of voting stock, or become the largest shareholder of a state member bank.

Sections 225.41-225.44 of Regulation Y

Local newspapers

The Federal Reserve also will publish a notice in the Federal Register

Form FR 2081a – Interagency Notice of Change in Bank Control

Form FR 2081c – Interagency Biographical and Financial Report

60 calendar days after receipt or 5 business days after the latest comment period end date