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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: May 24, 2007

For immediate release

The Federal Reserve Board on Thursday announced its approval of the proposal filed by C-B-G, Inc., West Liberty, Iowa, to acquire up to 35 percent of the voting shares of Washington Bancorp and thereby indirectly acquire an additional interest in Federation Bank, both of Washington, Iowa. 

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

Attachment (404 KB PDF)

Last update: May 24, 2007