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- Title
Order Issued Under Bank Holding Company Act.
- Authors
Fennell, Michele Taylor
- Abstract
The article presents the U.S. Federal Reserve Board (FRB) Order Number 2021-09 issued on July 9, 2021 concerning the approval of the acquisition of bank holding company (BHC) Central Bancshares of Poteau Inc. by First Bank Corp. under the BHC Act of 1956. The deal will lead to the acquisition of the Central National Bank of Poteau in Oklahoma. An overview of the operations of the banks is offered. It cites the financial stability considerations made by the FRB.
- Subjects
UNITED States. Federal Reserve Board; BANK holding companies; MOBILE banking industry; CENTRAL banking industry; BANK mergers; AGRICULTURAL credit; STATE banks; MORTGAGE loans
- Publication
Federal Reserve Bulletin, 2022, Vol 108, Issue 1, p1
- ISSN
0014-9209
- Publication type
Article