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FRIDAY, ELDREDGE & CLARK, LLP is a full-service law firm representing businesses, nonprofits, healthcare organizations, government entities and individual clients in Arkansas and across the United States.

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Community Bank Minute

July 11, 2024

Privately-Held Banks Should Pay Close Attention to Stock Transfers Following Enhanced Focus of Federal Reserve

This issue has increasingly been highlighted by the Federal Reserve in connection with recent off-site reviews of bank holding companies. Where changes in ownership (particularly within a family control group) have not previously been part of a CIBC Act filing, the agency will identify the potential issue and require follow up with the company.
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