Notice published on Jan. 5 by Federal Reserve System

The US Federal Reserve System published a one page notice on Jan. 5, according to the U.S. Government Publishing Office.

The notice is focused on Persons Banking Company, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on Jan. 5

Title
Port St. Lucie National Bank Holding Corp., et al.; Notice of Applications To Engage de novo in Permissible Nonbanking Activities
Persons Banking Company, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies
Agency Forms Under Review
AMBANC Corp., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies
Bank of Ireland; Formation of, Acquisition by, or Merger of Bank Holding Companies; and Acquisition of Nonbanking Company