Tax & Finance

Federal Reserve Notice on Proposed Bank Control 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

This notice opens a public comment period on a proposed change in control involving First Fidelity Bancorp, Inc. and First Fidelity Bank in Oklahoma City. The Lynda Cameron Legacy Trust II, with Brian Raftery as trustee, seeks to join the Cameron Family Control Group and acquire voting shares in the bank holding company, which would indirectly give it voting shares in the bank. Businesses, investors, customers, and community members with views on the proposed ownership change can submit written comments to the Federal Reserve by June 23, 2026. Comments may be made public, so confidential or sensitive business information should not be included.

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

Key Changes

  • Opens public comment on a proposed acquisition of voting shares in First Fidelity Bancorp, Inc.
  • Identifies The Lynda Cameron Legacy Trust II and Brian Raftery as part of the proposed control group change.
  • Sets June 23, 2026 as the deadline for written comments to the Federal Reserve.

Obligations

What this law requires

low

Interested persons who wish to comment on the proposed change in bank control must submit their written comments to the Federal Reserve Bank of Kansas City or the Board of Governors by the stated comment deadline.

interested persons submitting comments on the bank control application
Not later than June 23, 2026
reporting
medium

Commenters should not include confidential, contact, identifying, personal, or business information in submissions because comments received are subject to public disclosure and generally will be made available without change.

interested persons submitting comments on the bank control application
disclosure

Affected Parties

First Fidelity Bancorp, Inc.First Fidelity Bank+2 more…

Tags

bank control,Federal Reserve,public comment…