Federal Reserve Board announces approval of application by Texas State Bankshares, Inc. and approval of applications by Texas Regional Bank

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Federal Reserve Board announces approval of application by Texas State Bankshares, Inc. and approval of applications by Texas Regional Bank

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The following press release was published by the Board of Governors of the Federal Reserve System on May 13. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application by Texas State Bankshares, Inc., Harlingen, Texas, to acquire Access Bancorp, Inc., and thereby indirectly acquire AccessBank Texas, both of Denton, Texas. The Board also approved the applications by Texas Regional Bank, Harlingen, Texas, to merge with AccessBank Texas and to establish and operate branches at the locations of the main office and branches of AccessBank Texas.

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

For media inquiries, please email media@frb.gov or call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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