Texas-Based Bank Holding Company Seeks Approval for Acquisition
February 27, 2025
February 27, 2025
WASHINGTON, Feb. 27 (TNSFR) -- Yoakum National Bancshares, Inc., based in Yoakum, Texas, has applied for regulatory approval to acquire Ganado Bancshares, Inc., a transaction that would give it indirect control over Citizens State Bank, located in Ganado, Texas.
The application, submitted under the Bank Holding Company Act of 1956 and Regulation Y, is currently under review by the Federal Reserve Board. If approved, the deal would consolidate financial operations within the region, . . .
The application, submitted under the Bank Holding Company Act of 1956 and Regulation Y, is currently under review by the Federal Reserve Board. If approved, the deal would consolidate financial operations within the region, . . .