Federal Reserve System Reviews First State Bancorp Proposal to Engage in Nonbanking Activities in Missouri
May 17, 2025
May 17, 2025
WASHINGTON, May 17 (TNSFR) -- The Federal Reserve System has announced a notice regarding First State Bancorp, Inc. Combined Retirement Benefit Plan of Caruthersville, Missouri, which has submitted a proposal to engage de novo in nonbanking activities. Specifically, the company seeks approval to extend credit and service loans through its wholly owned subsidiary, SEMO SAG, LLC, also based in Caruthersville, Missouri.
This action is filed under section 4 of the Bank Holding Company A . . .
This action is filed under section 4 of the Bank Holding Company A . . .