BOWLING GREEN, Ky. -- Trans Financial Bancorp and FGC Holding Co. have received approval from the Federal Reserve Board to proceed with Trans Financial's acquisition of FGC.
FGC, based in Martin, Ky., is the $126 million-asset bank holding company for First Guaranty National Bank. Trans Financial anticipates merging First Guaranty National into its commercial bank subsidiary, Trans Financial Bank, Pikeville.