Federal Reserve Reviews Application to Acquire Control of Chesapeake Financial Shares
March 11, 2026
March 11, 2026
WASHINGTON, March 11 (TNSFR) -- The Federal Reserve System is reviewing an application from Molly D. McEvoy of Richmond, Virginia, to join the Monroe Family Control Group to acquire control of Chesapeake Financial Shares Inc., Kilmarnock, Virginia.
This acquisition would occur by McEvoy becoming a trustee of the Doug Monroe III GRAT Sub-Trust and the Mark Monroe GRAT Sub-Trust. These entities own Chesapeake Financial Shares and through that ownership, indirectly own Chesapeake Bank, . . .
This acquisition would occur by McEvoy becoming a trustee of the Doug Monroe III GRAT Sub-Trust and the Mark Monroe GRAT Sub-Trust. These entities own Chesapeake Financial Shares and through that ownership, indirectly own Chesapeake Bank, . . .