Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: April 7, 2003

For immediate release

The Federal Reserve Board on Monday announced its approval of the application by the Charles Schwab Corporation, San Francisco, California, to acquire 100 percent of the voting shares of Charles Schwab Bank, National Association, Reno, Nevada, a de novo bank.

Attached is the Board's Order relating to this action.

Attachment (80 KB PDF)

2003 Orders on banking applications

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Last update: April 7, 2003