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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: April 30, 2010

For immediate release

The Federal Reserve Board on Friday announced its approval of the application by Banco Popular de Puerto Rico, Hato Rey, to acquire assets and assume liabilities of Westernbank Puerto Rico, Mayagüez, both of Puerto Rico, pursuant to the emergency provisions of the Bank Merger Act.

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

Attachment (108 KB PDF)

 
Last update: April 30, 2010