The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Chemical Financial Corporation, Midland, Michigan, to merge with Talmer Bancorp, Inc., and thereby indirectly acquire Talmer Bank and Trust ("Talmer Bank"), both of Troy, Michigan. The Board also approved applications under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act by Chemical Bank, Midland, Michigan, to merge with Talmer Bank and to establish and operate branches at the locations of Talmer Bank's main office and branches.
Attached is the Board's order relating to this action.
For media inquiries, call 202-452-2955.
