Federal Reserve Reviews Heritage Bancshares Acquisition of Fidelity State Bank
February 07, 2025
February 07, 2025
WASHINGTON, Feb. 7 (TNSFR) -- The Federal Reserve has announced that Heritage Bancshares, Inc., based in Topeka, Kansas, has applied for approval to acquire Fidelity State Bank and Trust Company, also located in Topeka.
This acquisition falls under the Bank Holding Company Act of 1956 and related regulations, requiring regulatory review to assess compliance with financial and competitive standards. If approved, the transaction would consolidate the banking operations of the two ins . . .
This acquisition falls under the Bank Holding Company Act of 1956 and related regulations, requiring regulatory review to assess compliance with financial and competitive standards. If approved, the transaction would consolidate the banking operations of the two ins . . .