press releases · December 23, 2015
Press Release
December 24, 2015
Federal Reserve Board announces approval of application by BB&T Corporation
For release at 10:00 a.m. EST
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The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by BB&T Corporation, Winston-Salem, North Carolina, to acquire National Penn Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, National Penn Bank, both of Allentown, Pennsylvania.
Attached is the Board's order relating to this action.
For media inquiries, call 202-452-2955.
Attachment (PDF)
Board Votes
Cite this document
APA
Federal Reserve (2015, December 23). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20151224_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20151224_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2015},
month = {Dec},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20151224_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}