trending Market Intelligence /marketintelligence/en/news-insights/trending/WJBDqXBxADfENWw7qhC_kQ2 content esgSubNav
In This List

First Choice Bank gets shareholder, regulatory approvals for holdco formation

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


First Choice Bank gets shareholder, regulatory approvals for holdco formation

Cerritos, Calif.-based First Choice Bank has received all the necessary shareholder and regulatory approvals for the formation of its holding company.

The restructuring is expected to be completed Dec. 21, wherein the bank will become a unit of First Choice Bancorp.

Shareholders will receive 1 common share of the holding company for each common share of First Choice Bank they hold.