Federal Reserve Board announces approval of application by F.N.B. Corporation

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Federal Reserve Board announces approval of application by F.N.B. Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 24, 2017. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by F.N.B. Corporation, Pittsburgh, Pennsylvania, to merge with Yadkin Financial Corporation, Raleigh, and thereby indirectly acquire its wholly owned subsidiary, Yadkin Bank, Statesville, both of North Carolina.

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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