Federal Reserve: East Texas Financial Seeks to Acquire Texas National Bank
September 01, 2025
September 01, 2025
WASHINGTON, Sept. 1 (TNSFR) -- East Texas Financial Corp., Kilgore, is seeking to acquire Texas National Bancorporation and its subsidiary, Texas National Bank of Jacksonville, a move that is under evaluation by the Federal Reserve System.
The proposed transaction is subject to the provisions of the Bank Holding Company Act of 1956 and Regulation Y, among other statutes. These laws give the Federal Reserve the authority to approve such acquisitions to maintain the stability of the f . . .
The proposed transaction is subject to the provisions of the Bank Holding Company Act of 1956 and Regulation Y, among other statutes. These laws give the Federal Reserve the authority to approve such acquisitions to maintain the stability of the f . . .