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.

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