Fed Approves Laredo Merger

WASHINGTON - Making an unusual exception because of a banking market's special characteristics, the Federal Reserve Board approved last week a merger that will give a Texas border-town bank control of nearly half the deposits in its market.

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.