press releases · December 15, 2019
Press Release
December 16, 2019
Federal Reserve Board announces approval of application by First Citizens BancShares, Inc.
For release at 1:00 p.m. EST
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The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by First Citizens BancShares, Inc., Raleigh, North Carolina, to acquire Entegra Financial Corp. ("Entegra") and thereby indirectly acquire Entegra's state nonmember bank subsidiary, Entegra Bank, both of Franklin, North Carolina.
Attached is the Board's order relating to this action.
For media inquiries, call 202-452-2955.
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APA
Federal Reserve (2019, December 15). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20191216_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20191216_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2019},
month = {Dec},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20191216_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}