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OCC green-lights First National Bank of Hughes Springs/SouthStar Bank deal

The Office of the Comptroller of the Currency on Dec. 13 approved Hughes Springs, Texas-based First National Bank of Hughes Springs' application to acquire two Texas branches of Moulton, Texas-based SouthStar Bank S.S.B.

The branches are located at 101 Gassaway Avenue in Lott and 119 Craik Street in Marlin.

First National Bank of Hughes Springs is a unit of Chalybeate Springs Corp., while SouthStar Bank is a unit of Southern Bancshares Inc.