Federal Reserve System publishes notice on April 27

The US Federal Reserve System published a two page notice on April 27, according to the U.S. Government Publishing Office.

The notice is focused on Country Bank Shares, Inc., et al.; Formations of; Acquisitions by; and Mergers 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 April 27

Title
Mercantile Bancorporation, Inc.; Acquisition of Company Engaged in Permissible Nonbanking Activities
Affiliated Community Bancorp, Inc., et al.; Formations of, Acquisitions by, and Mergers of Bank Holding Companies; and Acquisitions of Nonbanking Companies
Country Bank Shares, Inc., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies