Brief: Summit State Bank Comments On Big Poppy Bancorp, Inc.’s Federal Reserve Application

Summit State Bank

27/07/2023 15:03

July 27 (Reuters) - Summit State Bank  SSBI.O :
    * SUMMIT STATE BANK COMMENTS ON BIG POPPY BANCORP, INC.’S
FEDERAL
RESERVE APPLICATION
    * SUMMIT STATE - AWARE BIG POPPY PUBLISHED NOTICE STATING IT
HOLDS
332,464 SHARES OF SUMMIT'S COMMON STOCK, WHICH IS ABOUT 4.9% OF
OUTSTANDING SHARES
    * SUMMIT STATE BANK - AWARE THAT BIG POPPY INTENDS TO FILE
AN
APPLICATION WITH FEDERAL RESERVE BOARD TO ACQUIRE UP TO 24.99%
OF SUMMIT'S COMMON STOCK
    * SUMMIT STATE BANK - BOARD OF DIRECTORS WILL REVIEW POPPY'S
APPLICATION AND MAY COMMENT ON OR RESPOND TO APPLICATION IN DUE
COURSE

Source text for Eikon:  ID:nGNX9SWJLV 
Further company coverage:  SSBI.O 

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