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Fed OKs First Mid-Illinois/First Clover Leaf deal

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Fed OKs First Mid-Illinois/First Clover Leaf deal

The Federal Reserve Board on July 15 approved the of Mattoon, Ill.-based and Edwardsville, Ill.-based FirstClover Leaf Financial Corp., according to a Form 8-K filing.

The transaction,pending stockholder approvals from both parties, is expected to close during thesecond half.