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- Title
Order Approving the Acquisition of a Mutual Savings and Loan Holding Company.
- Authors
deV. Frierson, Robert
- Abstract
The article discusses the approval of the U.S. Board of Governors of the Federal Reserve System on Investors Bancorp MHC and Investors Bancorp Inc.'s proposal to acquire mutual savings and loan holding company Gateway Community Financial under the Bank Holding Company Act (BHC Act). Some of the factors that the board have considered in approving the proposal are outlined. These include competition, financial and managerial resources, and financial stability.
- Subjects
UNITED States; INVESTORS Bancorp Inc.; SAVINGS bank mergers; GATEWAY Community Financial Corp.; BANK merger laws; BANK mergers; BOARD of Governors of the Federal Reserve System (U.S.); GATEWAY Community Financial (Company); SAVINGS &; loan holding companies
- Publication
Federal Reserve Bulletin, 2014, Vol 100, Issue 1, p27
- ISSN
0014-9209
- Publication type
Article