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NEWS RELEASE

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The Federal Reserve Bank of St. Louis
St. Louis

Little Rock

Louisville

Memphis

FOR FURTHER INFORMATION, CONTACT:
Charles B. Henderson, (314) 444-8311

96-74

FOR IMMEDIATE RELEASE: September 17, 1996
ST. LOUIS - 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 Mercantile Bancorporation Inc., St. Louis, Missouri ("MBI"), to indirectly acquire 100
percent of the outstanding voting shares of First Financial Corporation of America, Salem,
Missouri ("First Financial"), thereby indirectly acquiring First Financial's wholly owned
subsidiary, First National Bank of Salem, Salem, Missouri.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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