trending Market Intelligence /marketintelligence/en/news-insights/trending/uP8zAG_mvkSiemEc9lsckw2 content esgSubNav
In This List

Regulators approve Bank of Commerce's planned acquisition of Merchants Holding

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Regulators approve Bank of Commerce's planned acquisition of Merchants Holding

The Federal Deposit Insurance Corp. and the California Department of Business Oversight gave the nod to Sacramento, Calif.-based Bank of Commerce Holdings, the parent of Redding Bank of Commerce, for its previously announced acquisition of Merchants Holding Co. And the Federal Reserve confirmed that no application needs to be filed for the deal with the agency.

The shareholders of Merchants Holding approved the pending acquisition, as well, which is set to close on or about Jan. 31, 2019.