Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: December 4, 2003

For immediate release

The Federal Reserve Board on Thursday announced its approval of the applications under section 3 of the Bank Holding Company Act by the Desjardins Group, Montreal, Canada; Federation des caisses Desjardins du Quebec, Levis, Canada; La Caisse centrale Desjardins du Quebec, Montreal, Canada; and Desjardins FSB Holdings, Inc., Wilmington, Delaware, to become bank holding companies through the conversion of their existing thrift, Desjardins Federal Savings Bank, Hallandale, Florida, to a national bank that would operate as Desjardins Bank, N.A., also in Hallandale.

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

Attachment (57 KB PDF)

2003 Orders on banking applications

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Last update: December 4, 2003