press releases · April 6, 2017

Press Release

April 07, 2017 Federal Reserve Board announces approval of applications by United Bankshares, Inc., UBV Holding Company, LLC, and United Bank For release at 4:00 p.m. EDT Share The Federal Reserve Board on Friday announced its approval of the applications under section 3 of the Bank Holding Company Act by United Bankshares, Inc., Charleston, West Virginia, and UBV Holding Company, LLC, Fairfax, Virginia, to acquire Cardinal Financial Corporation and thereby indirectly acquire Cardinal Bank, both of McLean, Virginia. The Board also approved applications under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act by United Bank, Fairfax, Virginia, to merge with Cardinal Bank and to establish and operate branches at the locations of Cardinal Bank's main office and branches. Attached is the Board's order relating to this action. For media inquiries, call 202-452-2955. Attachment (PDF)
Cite this document
APA
Federal Reserve (2017, April 6). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20170407_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20170407_federal_reserve_board_announces_approval_of,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2017},
  month = {Apr},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20170407_federal_reserve_board_announces_approval_of},
  note = {Retrieved via When the Fed Speaks corpus}
}