The Federal Reserve Board has announced approval of an application by Peoples Bancorp Inc., according to a press release issued by the Board of Governors of the Federal Reserve System.
The approval was published as an order on the Federal Reserve Board's website. The release did not include further details on the terms of the application or the specific nature of the transaction.
The Board of Governors of the Federal Reserve System, based in Washington DC, issued the announcement through its official news release channel.