The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act by Wintrust Financial Corporation, Rosemont, Illinois, to merge with First Community Financial Corporation and thereby indirectly acquire First Community Bank, both of Elgin, Illinois. The Board also approved the applications, under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act, by St. Charles Bank & Trust Company, St. Charles, Illinois, to merge with First Community Bank and to establish and operate a branch at the main office and at a branch of First Community Bank.
Attached is the Board's order relating to this action.
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