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- Title
Order Approving the Acquisition of a Savings and Loan Holding Company.
- Authors
Shanks, Margaret McCloskey
- Abstract
The article reports that Texas-based bank holding company Southside Bancshares Inc. has requested the U.S. Board of Governors of the Federal Reserve System's (Board) approval under the Bank Holding Company Act (BHC Act) to acquire OmniAmerican Bancorp Inc. Southside and OmniAmerican are two leading insured depository organizations in the U.S., that have total consolidated assets of nearly 3.5 billion dollars and 837 million dollars, respectively.
- Subjects
TEXAS; SOUTHSIDE Bancshares Inc.; OMNIAMERICAN Bancorp Inc.; BANK mergers; BOARD of Governors of the Federal Reserve System (U.S.); SAVINGS &; loan holding companies; ASSETS (Accounting)
- Publication
Federal Reserve Bulletin, 2015, Vol 101, Issue 1, p37
- ISSN
0014-9209
- Publication type
Article