Federal Reserve Opens Comment Period for American Exchange Co. BHC Application
The Federal Reserve seeks comments by Sept. 8, 2026 on American Exchange Company's request to become a bank holding company through acquisition of American Exchange Bank.
The Federal Reserve announced on August 7, 2026 that it is accepting public comment on an application to form a bank holding company and to acquire a bank, pursuant to the Bank Holding Company Act of 1956 and Regulation Y.
The applicant, American Exchange Company of Henryetta, Oklahoma, seeks approval to become a bank holding company by acquiring American Exchange Bank, also located in Henryetta, Oklahoma. The request is filed under the standards enumerated in the BHC Act (12 U.S.C. 1842(c)).
The public portions of the application and any related filings required by the Board are available for immediate inspection at the Federal Reserve Bank of Kansas City and at the offices of the Board of Governors. Requests for expedited copies may be made by contacting the appropriate Federal Reserve Bank or the Board's Freedom of Information Office.
Comments must be submitted in writing to the Federal Reserve Bank of Kansas City, attention Jeffrey Imgarten, Assistant Vice President, 1 Memorial Drive, Kansas City, Missouri 64198-0001, or to the Board of Governors at Benjamin W. McDonough, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001. The deadline for comments is September 8, 2026. Comments are subject to public disclosure and should not contain confidential or proprietary information.
The notice is identified as FR Doc No. 2026-16154, filed on August 6, 2026, and signed by Erin Cayce, Assistant Secretary of the Board. The Board's oversight of bank holding company formations continues under the statutory and regulatory framework.