Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: December 21, 2001

For immediate release

The Federal Reserve Board today announced its approval of the application by Independence Bancshares, Inc., Independence, Iowa, to acquire all the voting shares of Fairbank Bancshares Corporation, and thereby acquire Fairbank Bancshares' subsidiary bank, Fairbank State Bank, both of Fairbank, Iowa.

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

Attachment (14 KB PDF)

2001 Orders on banking applications

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Last update: December 21, 2001