WASHINGTON - A national community organization is demanding that the Federal Reserve Board block Boatmen's Bancshares' bid to acquire Worthen Banking Corp.

Members of the Association of Community Organizations for Reform Now protested outside the Federal Reserve Board yesterday to pressure the central bank to hold a public hearing or reject the merger application. Similar protests occurred yesterday in front of several reserve banks, including the St. Louis Fed.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.