Nationwide Bank Receives Final Regulatory Approvals

Nationwide Bank has received regulatory approvals from the Office of Thrift Supervision and the Federal Insurance Deposit Corporation authorizing its merger with the Nationwide Federal Credit Union (NFCU).

Nationwide Bank and NFCU announced on Nov. 1 that the merger of the two organizations had been approved by an NFCU membership majority vote. Beginning Jan. 2, 2007, NFCU's 44,000 members, which includes many Nationwide associates, retirees, agents and their families, will become customers of the new Nationwide Bank.

Nationwide Bank Receives Final Regulatory Approvals
Source: Yahoo! Finance