ODNB and National Capital Get Green Light for Mergers

ODNB Financial Corporation and National Capital Bancorp, Inc. have announced that they have received approval from the Office of the Comptroller of the Currency (OCC) to complete their mergers.

The OCC approval is a significant milestone for both companies, as it allows them to move forward with their planned consolidation.

The Federal Reserve has also granted a waiver to enable the completion of these transactions. This approval and waiver are crucial steps in the process of merging two financial institutions.