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- Title
Frandsen Financial Corporation Arden Hills, Minnesota: Order Approving the Acquisition of a Bank.
- Authors
Frierson, Robert Dev.
- Abstract
The article reports on the proposal of Frandsen Financial Corp. to acquire First National Bank of Montgomery in Minnesota. It states that the company has requested the Board of Governors of the Federal Reserve System to approve the proposal under the section 3 of the Bank Holding Co. (BHC) Act. Furthermore, the Board has reviewed carefully the proposal under the company's financial factors and performances prior to the approval and has considered the company's managerial resources.
- Subjects
UNITED States; FRANDSEN Financial Corp.; FIRST National Bank (Company); BANK mergers; MERGERS &; acquisitions law; BOARD of Governors of the Federal Reserve System (U.S.); BANKING laws
- Publication
Federal Reserve Bulletin, 2008, pC34
- ISSN
0014-9209
- Publication type
Article