Federal Reserve Board announces approval of the application by Apex Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 4, 2020. 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 of 1956 by Apex Bancorp, Inc., Camden, Tennessee, to acquire control of Community Capital Bancshares, Inc. ("Community Capital"), and thereby indirectly acquire control of Community Capital's state nonmember bank subsidiary, AB&T, both of Albany, Georgia.

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

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Source: Board of Governors of the Federal Reserve System