Press Release

March 26, 2010 Approval of proposal by First Niagara Financial Group to become a bank holding company For immediate release Share The Federal Reserve Board on Friday announced its approval of the applications and notice under sections 3 and 4 of the Bank Holding Company Act by First Niagara Financial Group, Inc., Buffalo, New York, to: (i) become a bank holding company by acquiring Harleysville National Corporation ("Harleysville"), and thereby acquiring indirectly Harleysville's subsidiary bank, Harleysville National Bank, both of Harleysville, Pennsylvania; (ii) operate First Niagara Bank, Buffalo, New York, as a subsidiary savings association until it becomes a subsidiary bank upon its conversion to a national bank; and (iii) hold First Niagara Commercial Bank, Lockport, New York, a limited purpose New York chartered commercial bank, as a subsidiary of First Niagara Bank until First Niagara Bank converts to a national bank and First Niagara Commercial Bank is merged into First Niagara Bank, N.A. Attached is the Board's Order relating to this action. Attachment

Federal Reserve (2010, March 25). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20100326_approval_of_proposal_by_first_niagara_financial

@misc{wtfs_press_release_20100326_approval_of_proposal_by_first_niagara_financial,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2010},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20100326_approval_of_proposal_by_first_niagara_financial},
  note = {Retrieved via When the Fed Speaks corpus}
}