North Central Bancshares receives approval for conversion
North Central Bancshares Inc., parent company of Fort Dodge-based First Federal Savings Bank of Iowa, announced that the bank has received regulatory approval from the Iowa Division of Banking to complete its conversion to a state-chartered commercial bank from a federally chartered stock savings bank.
The company has received approval from the Federal Reserve System to complete its reorganization to a bank holding company from a savings and loan holding company.
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