WASHINGTON—The Office of the Comptroller of the Currency (OCC) announced today that it has conditionally approved Flagstar Bank, N.A., Hicksville, New York, to purchase assets and assume certain liabilities of Signature Bridge Bank, N.A., New York, New York. The transaction includes the purchase by Flagstar Bank of certain loan portfolios from Signature Bridge Bank, N.A., […]
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OCC Announces Approval of Bank of the West – BMO Harris Bank, National Association Merger
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today approved the merger of Bank of the West, San Francisco, into BMO Harris Bank, National Association, Chicago. The resulting institution is expected to have $256.0 billion in total assets, making it the 13th largest commercial bank in the United States. The approval follows the consideration […]
OCC Conditionally Approves Conversion of Protego Trust Bank
News Release 2021-19 | February 5, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced conditional approval of the conversion of Protego Trust Company, a Washington state-chartered trust company, to become Protego Trust Bank, National Association. The OCC granted conditional approval to Protego after thorough review of its conversion application. […]