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- Title
Order Approving the Merger of Bank Holding Companies, the Merger of Banks, and the Establishment of Branches.
- Authors
Shanks, Margaret McCloskey
- Abstract
The article reports that financial services firm ViewPoint Financial Group Inc. has requested the U.S. Board of Governors of the Federal Reserve System (Board) for approval under section 3 of the Bank Holding Company Act (BHC Act) to acquire LegacyTexas Bank, based in Texas. Information is also provided on the consolidated assets of ViewPoint and LegacyTexas, respectively, and provisions of the BHC Act and the Bank Merger Act regarding competition after mergers.
- Subjects
TEXAS; LEGACYTEXAS Financial Group Inc.; LEGACYTEXAS Bank (Company); MERGERS &; acquisitions; BOARD of Governors of the Federal Reserve System (U.S.); BANK holding companies -- Law &; legislation; ECONOMIC competition
- Publication
Federal Reserve Bulletin, 2015, Vol 101, Issue 1, p11
- ISSN
0014-9209
- Publication type
Article