Federal Reserve Board announces approval of application by BB&T Corporation

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Federal Reserve Board announces approval of application by BB&T Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on July 7, 2015. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act by BB&T Corporation, Winston-Salem, North Carolina, to acquire Susquehanna Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, Susquehanna Bank, both of Lititz, Pennsylvania.

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

For media inquiries, call 202-452-2955.

Attachment (PDF) Board Votes

Source: Board of Governors of the Federal Reserve System

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