Press Release

May 23, 2006 Approval of proposal by M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan For immediate release Share The Federal Reserve Board on Tuesday announced its approval of the proposal by M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, to become a bank holding company by acquiring an additional 1.63 percent, for a total of 26.58 percent, of the voting shares of M&P Community Bancshares, Inc., Newport, and its subsidiaries, Merchants & Planters Bank, Newport, and Greers Ferry Lake State Bank, Heber Springs, all of Arkansas. Attached is the Board's Order relating to this action. Attachment

Federal Reserve (2006, May 22). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20060523_approval_of_proposal_by_mp_community_bancshares

@misc{wtfs_press_release_20060523_approval_of_proposal_by_mp_community_bancshares,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2006},
  month = {May},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20060523_approval_of_proposal_by_mp_community_bancshares},
  note = {Retrieved via When the Fed Speaks corpus}
}