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The Federal Reserve Bank of Cleveland, like all other Federal
Reserve Banks, processes several types of regulatory applications
from state member banks, bank holding companies, and their
shareholders. This function is consistent with the Federal
Reserve System's supervision of state-chartered member banks
and bank holding companies. Laws frequently addressed by the
Federal Reserve System through the regulatory applications
function include the Bank Holding Company Act, Change in Bank
Control Act, Federal Reserve Act, and the Federal Deposit
Insurance Act.
Regulatory applications processed by this office include
applications to form a bank holding company or acquire another
bank or bank holding company. Refer to the Applications
Filing Information page located on the Board of Governors
public web site for general guidance with respect to the regulatory
requirements and processing standards.
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