Federal Reserve Issues Share Acquisition Notice for Macon Bank
Hugh Wayne Clark may acquire voting shares of Macon Banctrust and Macon Bank; comments due by Nov. 18, 2026
The Board of Governors of the Federal Reserve System published a Change in Bank Control notice (FR Doc 2026-22399) in the Federal Register, Vol. 91, No. 211, on November 3, 2026. The notice announces an application filed under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company.
The applicant, Hugh Wayne Clark of Red Boiling Springs, Tennessee, seeks to acquire additional voting shares of Macon Banctrust, Inc., thereby indirectly acquiring voting shares of Macon Bank and Trust Company, both of Lafayette, Tennessee.
Public portions of the application and any related filings required by the Board are available for immediate inspection at the Federal Reserve Bank of Atlanta and at the Board's offices. Expedited copies may be requested from the appropriate Reserve Bank or the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm.
Interested persons may submit written comments on the standards enumerated in paragraph 7 of the Act. Comments must be filed with the Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice President, 1000 Peachtree Street, NE, Atlanta, GA 30309) or with the Board of Governors at 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, no later than November 18, 2026. Comments are generally public and will not be altered, though confidential information should not be included.
The notice is signed by Michele Taylor Fennell, Associate Secretary of the Board, on behalf of the Board of Governors.
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