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Federal Reserve System Seeks Public Comments on Throgmorton Family Control Group Bank Share Acquisition
April 18, 2025
WASHINGTON, April 18 (TNSFR) -- The Federal Reserve System, under the Board of Governors, has issued a notice regarding a proposed acquisition of shares in South Porte Financial Inc. and its subsidiary SouthernTrust Bank, both based in Marion, Illinois.

The acquisition involves the formation of the Throgmorton Family Control Group, which will be established by Winston Throgmorton and Tristan Throgmorton, both of Carbondale, Illinois, as well as Roderick Throgmorton and Rachel Throg . . .

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