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FirstSun Capital, First Foundation Say Federal Reserve Approves Proposed Merger

BY MT Newswires | ECONOMIC | 03/12/26 07:44 AM EDT

07:44 AM EDT, 03/12/2026 (MT Newswires) -- FirstSun Capital Bancorp (FSUN) and First Foundation (FFWM) said Thursday that the Board of Governors of the Federal Reserve has approved their proposed merger.

The companies said all required bank regulatory approvals to complete the merger of First Foundation (FFWM) with and into FirstSun have now been received.

FirstSun and First Foundation (FFWM) said they expect to close the merger on April 1, subject to the satisfaction or waiver of the remaining customary closing conditions.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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