press releases · November 28, 2024
Press Release
November 29, 2024
Federal Reserve Board announces approval of application by United Bankshares, Inc.
For release at 10:30 a.m. EST
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The Federal Reserve Board on Friday announced its approval of the application by United Bankshares, Inc., of Charleston, West Virginia, to acquire Piedmont Bancorp, Inc., and thereby indirectly acquire The Piedmont Bank, both of Peachtree Corners, Georgia.
The Board also gave its approval for United Bank, of Fairfax, Virginia, to merge with The Piedmont Bank and establish and operate branches at The Piedmont Bank's locations.
For media inquiries, please email [email protected] or call (202) 452-2955.
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APA
Federal Reserve (2024, November 28). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20241129_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20241129_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2024},
month = {Nov},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20241129_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}