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News Release 94-89 FOR FURTHER INFORMATION CONTACT - Jackie A. Himmelberg 314-444-8311 FOR IMMEDIATE RELEASE St. Louis, Missouri, November 8, 1994 -- The Federal Reserve Bank of St. Louis, acting pursuant to delegated authority for the Board of Governors of the Federal Reserve System, today approved the application of Galatia Bancorp, Inc. , Galatia, Illinois, to become a bank holding company through the acquisition of 100 percent of the voting shares of Mounds Bancorp, Inc. , Mounds, Illinois, thereby indirectly acquiring 99.37 percent of its subsidiary bank, First State Bank of Mounds, Mounds, Illinois. * https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Post Office Box 442 * * • St. Louis, Missouri 63166 • 314/444-8444
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