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Forex News

Fed Approves Coastal Bend Bancshares Bank Acquisition

The Federal Reserve Board announced on Tuesday its approval of the application by Coastal Bend Bancshares, Inc.. The application covered the acquisition of First National Bank in Port Lavaca, with the decision detailed in a press release issued at 4:30 p.m. EDT.

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  • The Federal Reserve Board announced on Tuesday its approval of the application by Coastal Bend Bancshares, Inc..
  • Coastal Bend Bancshares, Inc. is based in Corpus Christi, Texas.
  • The acquisition target, First National Bank in Port Lavaca, is located in Port Lavaca, Texas.
  • The Federal Reserve Board's press release announcing the approval was issued at 4:30 p.m. EDT.
  • Media inquiries about the announcement can be directed to (202) 452-2955.

Federal Reserve Approves Acquisition

The Federal Reserve Board announced on Tuesday its approval of the application by Coastal Bend Bancshares, Inc.. The application sought approval for Coastal Bend Bancshares, Inc. to acquire First National Bank in Port Lavaca.

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Fed Approves Coastal Bend Bancshares Bank Acquisition

Company Details

Coastal Bend Bancshares, Inc. is headquartered in Corpus Christi, Texas. First National Bank in Port Lavaca is located in Port Lavaca, Texas.

Announcement Details

The Federal Reserve Board's press release announcing the approval was issued at 4:30 p.m. EDT. Media inquiries regarding the announcement may be directed to (202) 452-2955.

  • Approval was granted for Coastal Bend Bancshares, Inc. to acquire First National Bank in Port Lavaca.
  • Coastal Bend Bancshares, Inc. operates out of Corpus Christi, Texas.
  • First National Bank in Port Lavaca is situated in Port Lavaca, Texas.
  • The announcement was released on Tuesday at 4:30 p.m. EDT.
  • The press release lists a media contact phone number of (202) 452-2955.