Federal Reserve Reviews Southern Bancorp's Planned Acquisition of Ozarks Heritage Financial Group
September 04, 2025
September 04, 2025
WASHINGTON, Sept. 4 (TNSFR) -- The Federal Reserve System is reviewing an application from Southern Bancorp Inc., Arkadelphia, Arkansas, to acquire Ozarks Heritage Financial Group, Inc., Gainesville, Missouri. This acquisition would also give indirect control of Legacy Bank and Trust Co.
The proposal is being evaluated under the Bank Holding Company Act of 1956 and Regulation Y, which govern how companies can become bank holding companies or acquire banks. The public aspects of the . . .
The proposal is being evaluated under the Bank Holding Company Act of 1956 and Regulation Y, which govern how companies can become bank holding companies or acquire banks. The public aspects of the . . .