Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: February 5, 2001

For immediate release

TThe Federal Reserve Board today announced its approval of the application by Prosperity Bancshares, Inc., Houston, Texas, to merge with Commercial Bancshares, Inc., Houston, Texas (“Commercial”), and thereby acquire Heritage Bancshares, Inc., Wilmington, Delaware, a bank holding company that is a wholly owned subsidiary of Commercial, and its subsidiary bank, Heritage Bank, Wharton, Texas.

Attached is the Board's Order relating to this action, together with the Concurring Statement of Governor Meyer.

Attachment (24 KB PDF)

2001 Orders on banking applications

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Last update: February 5, 2001