Federal Reserve: Reid Family Control Group Seeks to Retain Independence Bank Shares
October 03, 2025
October 03, 2025
WASHINGTON, Oct. 3 (TNSFR) -- The Reid Family Control Group has applied to the Federal Reserve System to retain voting shares of Independence Bancshares Inc., and its subsidiary, Independence Bank of Kentucky, both based in Owensboro. The application was filed under the Change in Bank Control Act and involves a group of individuals seeking to join the existing family control group. The applicants wish to maintain their ownership of the voting shares in the bank holding company and the bank.