Federal Reserve Board announces approval of the applications by Five Star Bank

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Federal Reserve Board announces approval of the applications by Five Star Bank

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The following press release was published by the Board of Governors of the Federal Reserve System on July 27, 2012. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the applications by Five Star Bank, Warsaw, New York, (1) to acquire four branches of HSBC Bank USA, National Association ("HSBC"), McLean, Virginia, that First Niagara Bank, National Association, Buffalo, New York, contracted to purchase from HSBC; and (2) to establish branches at those locations.

Attached is the Board's Order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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