Original Source Material
The green light, 99 days after proposal, will make Fifth Third a Category III bank – and comes despite an intense campaign by Comerica investor HoldCo Asset Management.
Fed approves Fifth Third-Comerica deal
Summary
The Federal Reserve has approved the Fifth Third-Comerica merger; this approval makes Fifth Third a Category III bank. The decision was made despite opposition from Comerica's investor HoldCo Asset Management.
Why It Matters for Texas Credit Unions
The article does not mention Texas specifically and the news is about a merger approval between two banks, which generally affects national banking operations rather than state-specific regulations.