The Federal Reserve Board announced on August 4, 2026, its approval of Coastal Bend Bancshares, Inc.’s application to acquire First National Bank in Port Lavaca, Texas. The decision follows a review of the application by the Board. Coastal Bend Bancshares, based in Corpus Christi, Texas, seeks to acquire First National Bank, also located in Port Lavaca. The Federal Reserve Board stated its approval of the application. For media inquiries, contact media@frb.gov or (202) 452-2955. The approval does not include any additional conditions or statements beyond the application review process.
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