press releases · October 27, 2016
Press Release
October 28, 2016
Federal Reserve Board announces approval of application by Wintrust Financial Corporation
For release at 2:30 p.m. EDT
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The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act by Wintrust Financial Corporation, Rosemont, Illinois, to merge with First Community Financial Corporation and thereby indirectly acquire First Community Bank, both of Elgin, Illinois. The Board also approved the applications, under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act, by St. Charles Bank & Trust Company, St. Charles, Illinois, to merge with First Community Bank and to establish and operate a branch at the main office and at a branch of First Community Bank.
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 (2016, October 27). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20161028_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20161028_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2016},
month = {Oct},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20161028_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}