The Federal Reserve Board approved an application by CSBH, LLC to acquire up to 49.9 percent of Industry Bancshares, Inc., resulting in the indirect acquisition of control of several subsidiary banks. The transaction covers Citizens State Bank (Buffalo, Texas), Industry State Bank (Industry, Texas), Bank of Brenham, National Association (Brenham, Texas), Fayetteville Bank (Fayetteville, Texas), The First National Bank of Shiner (Shiner, Texas), and The First National Bank of Bellville (Bellville, Texas).
Federal Reserve Board 2025-02-12
Federal Reserve Board approves CSBH to acquire up to 49.9 percent of Industry Bancshares and indirectly control six subsidiary banks
The Federal Reserve Board approved CSBH, LLC's application to acquire up to 49.9% of Industry Bancshares, Inc., indirectly gaining control of several subsidiary banks. The transaction includes Citizens State Bank, Industry State Bank, Bank of Brenham, Fayetteville Bank, The First National Bank of Shiner, and The First National Bank of Bellville, all located in Texas.