Fed seeks comment on bank holding company merger applications
The notice affects Keweenaw Financial Corp, Range Financial Corp and related banks, with comments due by Dec 4 2026.
The Board of Governors of the Federal Reserve System published a notice on November 4, 2026 (FR Doc 2026-22502, filed November 3, 2026) announcing that applications for formations, acquisitions, and mergers of bank holding companies are open for public comment. The notice lists the standards of the Bank Holding Company Act (12 U.S.C. 1842(c)) as the basis for comment.
One application identified is Keweenaw Financial Corporation of Hancock, Michigan, seeking to merge with Range Financial Corporation and thereby indirectly acquire Range Bank, both located in Marquette, Michigan.
Comments must be submitted to the Federal Reserve Bank of Minneapolis, 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291, or to the Board's offices at 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, no later than December 4, 2026. Electronic comments may be sent to the protected email address listed in the notice.
The public portions of the applications and any related filings are available for immediate inspection at the indicated Federal Reserve Bank and the Board's offices. Comments are subject to public disclosure and will be made available without alteration, except for removal of personal or confidential identifying information.
Further reading