Federal Reserve Board announces approval of application by The Bank of Nova Scotia

What the Board approved

The Federal Reserve Board on Thursday, October 29, 2026, announced its approval of the application by The Bank of Nova Scotia, of Toronto, Canada, to become a bank holding company. The approval is tied to The Bank of Nova Scotia's acquisition of Maple Financial Holdings, Inc., of Dallas, Texas, and thereby indirectly acquiring MapleMark Bank, of Tulsa, Oklahoma. The announcement was published as a press release on the Board's website.

Release details and contacts

For release at 4:30 p.m. EDT, the press release lists media inquiries contact details: email [email protected] and phone (202) 452-2955. The page includes an 'Order (PDF)' link and a 'Related Content' item labeled 'Board Votes.' The press release header shows the date 'October 29, 2026' and the page indicates 'Last Update: October 29, 2026.' The release appears under 'Press Releases' on the Federal Reserve Board's News & Events section.