First Federal and CBC Receive Regulatory Approval for Merger

First Federal Bancorp and Coastal Banking Company received all required approvals from the Federal Reserve Bank of Atlanta, the Office of the Comptroller of the Currency, and the South Carolina Office of the Commissioner of Banking for their previously announced merger.

CBC Receives Shareholder Approval for Merger with First Federal

Coastal Banking Company, the holding company of CBC National Bank, received shareholder approval for its proposed merger with First Federal Bank of Florida’s holding company First Federal Bancorp.

First Federal Acquires Coastal Banking

First Federal Bancorp, the holding company of First Federal Bank of Florida, signed a merger agreement with Coastal Banking to acquire the Fernandina Beach, FL bank.