The Federal Reserve, the Maryland Office of the Commissioner of Financial Regulation, and the Virginia State Corporation Commission have granted approvals related to Sandy Spring Bancorp Inc.'s deal for WashingtonFirst Bankshares Inc.
The transaction earlier received shareholder approval.
Olney, Md.-based Sandy Spring's $488.9 million all-stock deal for Reston, Va.-based WashingtonFirst is expected to close Jan. 1, 2018, resulting in a company with about $7.5 billion in assets.
