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Federal Reserve approves BancFirst deal for Spirit BankCorp
The Fed also authorized BancFirst to merge with SpiritBank and open branches at Spirit Bank locations in Oklahoma.
The Federal Reserve Board approved an application by BancFirst Corporation, based in Oklahoma City, to acquire and merge with Spirit BankCorp, Inc., of Bristow.
As part of the approval, the deal would also allow BancFirst to indirectly acquire SpiritBank, located in Tulsa.
The Fed additionally authorized BancFirst to merge with SpiritBank and to establish and operate branches at the locations of SpiritBank.
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