Bonds & Rates
Home›Bonds & Rates›Economy›Federal Reserve approves Coastal Bend Bancshares deal…
Federal Reserve approves Coastal Bend Bancshares deal for First National Bank
The Fed said the approval covers Coastal Bend Bancshares acquisition of First National Bank in Port Lavaca, Texas.
The Federal Reserve Board on Tuesday announced approval of the application by Coastal Bend Bancshares, Inc., of Corpus Christi, Texas.
The approval allows the company to acquire First National Bank in Port Lavaca, Texas, according to the Fed.
The announcement was released at 4:30 p.m. EDT.
The Fed approval relates to the proposed bank acquisition under the Board's review process.
← Newer storyFed approves National Westminster Bank representative office in Stamf…Older story →American Healthcare REIT appoints new CEO, elevates president and COO