Federal Reserve Board announces approval of application by Merchants & Farmers Bancshares, Inc.

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Federal Reserve Board announces approval of application by Merchants & Farmers Bancshares, Inc.

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The following press release was published by the Board of Governors of the Federal Reserve System on June 16, 2015. It is reproduced in full below.

The Federal Reserve Board on Monday, June 15, approved the application under section 3 of the Bank Holding Company Act by Merchants & Farmers Bancshares, Inc., to acquire Vernon Bancshares, Inc., and thereby indirectly acquire The Vernon Bank, all of Leesville, Louisiana.

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

Attachment (PDF) For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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