Federal Reserve Review of Peoples Bancorp’s Proposed Acquisition of Citizens National Corporation
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This notice opens public review of Peoples Bancorp Inc.’s application to acquire Citizens National Corporation and, indirectly, Citizens Bank of Kentucky. If approved, the deal would bring the Kentucky bank under Peoples Bancorp’s ownership. The notice mainly affects the companies involved, their customers, competitors, and community stakeholders in the relevant banking markets. Anyone who wants to comment on the acquisition must submit written views to the Federal Reserve by July 1, 2026, and should avoid including confidential information because comments are generally made public.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Opens Federal Reserve review of Peoples Bancorp’s proposed acquisition of Citizens National Corporation
- Would allow Peoples Bancorp to indirectly acquire Citizens Bank of Kentucky if approved
- Sets July 1, 2026 as the deadline for public comments
Obligations
What this law requires
Interested persons who wish to comment on the bank holding company acquisition application must submit their written comments to the indicated Federal Reserve Bank or to the Board of Governors by the stated deadline.
Persons submitting comments should not include confidential, contact, identifying, personal, or business information that would be inappropriate for public disclosure, because comments are generally made public without change.