Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank

T2Covered by 1 source · first reported by PYMNTS at 30 Oct, 20:41 UTC

The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial Holdings and thereby indirectly acquiring Tulsa, Oklahoma-based MapleMark Bank, the Fed said in a Thursday (Oct. 29) press release. Bank of…