Tax & Finance

Federal Reserve Notice on Client First Holdings Bank Acquisition

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

Client First Holdings, LLC is seeking Federal Reserve approval to become a bank holding company by acquiring Miners Exchange Bank through a merger with a newly formed subsidiary, Client First Interim Bank. The notice opens the application file for public review and comment. Banks, competitors, customers, community groups, and other interested parties can submit written comments on the application until July 17, 2026. Comments will generally become public and should not include confidential business or personal information.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Opens Federal Reserve review of Client First Holdings’ application to become a bank holding company
  • Covers the proposed acquisition of Miners Exchange Bank through a merger with Client First Interim Bank
  • Sets a July 17, 2026 deadline for public comments on the application

Obligations

What this law requires

low

Interested persons who wish to comment on the bank holding company application must submit written comments to the indicated Federal Reserve Bank or to the Board of Governors by the stated comment deadline.

interested persons submitting comments on the application
Not later than July 17, 2026
reporting
medium

Commenters should not include confidential business information, personal information, contact information, or other identifying information that would be inappropriate for public disclosure because comments generally will be made publicly available without change.

interested persons submitting comments on the application
At the time comments are submitted
disclosure

Affected Parties

Client First Holdings, LLCMiners Exchange Bank+3 more…

Tags

bank holding company,bank merger,Federal Reserve