Federal Reserve Reviews Pratt Family Bid for Lakeside Bank Control
February 12, 2025
February 12, 2025
WASHINGTON, Feb. 12 (TNSFR) -- The Federal Reserve has received an application from the Pratt Family PFBS Irrevocable Trust, along with trustees Brian L. Pratt and Kenneth William Pratt, seeking to join the Pratt Family Control Group to acquire voting shares of PFBS Holdings, Inc. The acquisition would grant them indirect control over Lakeside Bank, located in Rockwall, Texas.
The request falls under the Change in Bank Control Act, which requires regulatory review of individuals or . . .
The request falls under the Change in Bank Control Act, which requires regulatory review of individuals or . . .