Mergers

A merger of two or more banks in which the surviving bank will be a state member bank. This includes a purchase and assumption of third party banking assets, and operation of the target bank’s branches.

Sections 208.2(e) and 208.6 of Regulation H

Local newspapers

Form FR 2070 – Application for Prior Approval to Effect a Bank Merger, Consolidation, Acquisition of Assets or Assumption of Deposit Liabilities

30 - 60 calendar days after receipt unless applicant is otherwise notified