Federal Reserve Board announces approval of application by Ameris Bancorp

Webp adobestock 224328871
Adobe Stock

Federal Reserve Board announces approval of application by Ameris Bancorp

ORGANIZATIONS IN THIS STORY

The following press release was published by the Board of Governors of the Federal Reserve System on May 9, 2018. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Ameris Bancorp, Moultrie, Georgia, to acquire Atlantic Coast Financial Corporation ("Atlantic") and thereby indirectly acquire Atlantic's subsidiary bank, Atlantic Coast Bank, both of Jacksonville, Florida.

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

ORGANIZATIONS IN THIS STORY

More News