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News Release 2022-55
May 17, 2022
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Board of Governors of the Federal Reserve System
Office of the Comptroller of the Currency
The Federal Reserve Board (Board) and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Bank of Montreal, Montreal, Canada, and BMO Harris Bank National Association, Chicago, Illinois, to acquire BancWest Holding Inc. and Bank of the West, both of San Francisco, California.
The purpose of the public meeting is to collect information from a wide range of stakeholders as the agencies evaluate the proposed applications. By law, the agencies are required to evaluate:
The public meeting will be held virtually on July 14, 2022, at 11:00 a.m. EDT. Members of the public seeking to present oral comments must register by 12:00 p.m. EDT on June 23, 2022, through the online registration webpage. Further information and requirements to present, as well as information to register to view the public meeting, are available in the attachment from the agencies.
Also today, to give interested parties additional time to comment, the agencies announced that they are extending the public comment period for the applications to the Board and OCC that are associated with the proposal. Comments on the applications will now be accepted through July 19, 2022.
Federal Reserve BoardAdrienne Salazar202-452-2955