January 15, 2009
Approval of proposal by Protective Life
For immediate release
The Federal Reserve Board on Thursday announced its approval of the proposal under section 3 of the Bank Holding Company Act by Protective Life Corporation, Birmingham, Alabama, to become a bank holding company by acquiring Bonifay Holding Company, Inc. and its subsidiary bank, The Bank of Bonifay, both of Bonifay, Florida.
Attached is the Board's Order relating to this action.