Federal Reserve System publishes notice on Oct. 3

The US Federal Reserve System published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.

The notice is focused on AMCORE Financial Inc.; Notice of Application to Engage de novo in Permissible Nonbanking Activities.

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 Oct. 3

Title
Availability of Funds and Collection of Checks
Agency Forms Under Review
NationsBank Corporation, et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies
Shen Financial Fund I, L.P., et al.; Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies
FW Financial, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies; and Acquisition of Nonbanking Company
AMCORE Financial Inc.; Notice of Application to Engage de novo in Permissible Nonbanking Activities
Agency Forms Under Review: Correction