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Fed, OCC approve FCB/Floridian Community deal

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Fed, OCC approve FCB/Floridian Community deal

The Federal Reserve Bank of Atlanta and the Office of the Comptroller of the Currency have approved FCB Financial Holdings Inc.'s proposed acquisition of Floridian Community Holdings Inc.

The deal is expected to close in March, subject to the receipt of Floridian Community shareholder approval. The Floridian Community shareholder meeting will take place Feb. 20.