Federal Reserve System Reviews Sturdy Bancorp Application for Bank Holding Company Status
May 01, 2025
May 01, 2025
WASHINGTON, May 1 (TNSFR) -- The Federal Reserve System (FRS) has announced the receipt of an application from Sturdy Bancorp, MHC, and its proposed subsidiary, Sturdy Bancorp, Inc., both based in Stone Harbor, New Jersey.
The application, submitted pursuant to the Bank Holding Company Act of 1956, seeks approval for Sturdy Bancorp to become a bank holding company and acquire the ownership of Sturdy Savings Bank, also located in Stone Harbor. This acquisition is contingent upon the . . .
The application, submitted pursuant to the Bank Holding Company Act of 1956, seeks approval for Sturdy Bancorp to become a bank holding company and acquire the ownership of Sturdy Savings Bank, also located in Stone Harbor. This acquisition is contingent upon the . . .