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Brighton Capital Seeks Federal Reserve Approval to Buy Georgia's Bank of Hazelhurst
Brighton Capital Corporation, based in Alpharetta, Georgia, has asked the Federal Reserve Board for permission to become a bank holding company. It would do so by merging with Hazlehurst Investors, Inc., which would give it indirect control of Bank of Hazelhurst in Hazlehurst, Georgia. Public comments on the application are due by December 3, 2026.
This summary was generated by AI; the official source prevails.
What does it mean?
A bank holding company is a parent company that owns one or more banks. This filing is a request, not a final decision, so the Federal Reserve still has to approve it before Brighton Capital can take control of Bank of Hazelhurst.
Who is affected?
Customers and shareholders of Bank of Hazelhurst and the owners of Hazlehurst Investors, Inc.