By Fed Newswire | May 28, 2015
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Discover Financial Services (PDF), Riverwoods, Illinois Written Agreement dated May 26, 2015 Search of Federal Reserve enforcement actions.
By Fed Newswire | May 27, 2015
News Release: The Federal Reserve Board's latest survey of the financial and economic conditions of American households released Wednesday finds that individuals' overall perceptions of financial well-being improved modestly between 2013 and 2014 but their optimism about future financial prospects increased significantly.
By Fed Newswire | May 27, 2015
News Release: On May 28, 2015, the Federal Reserve will conduct a floating-rate offering of term deposits with an early withdrawal feature through its Term Deposit Facility (TDF). The Federal Reserve will offer seven-day term deposits with a rate set equal to the sum of the interest rate paid on excess reserves (currently ...
By Fed Newswire | May 26, 2015
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from March 30 through April 27, 2015.
By Fed Newswire | May 26, 2015
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Meta Financial Group, Inc., Sioux Falls, South Dakota Cease and Desist Order issued by the Office of Thrift Supervision dated July 15, 2011 Terminated May 21, 2015 Search of Federal Reserve enforcement actions.
By Fed Newswire | May 21, 2015
News Release: The Federal Reserve Board on Thursday requested comment on enhancements that the Federal Reserve Banks are considering to their current same-day automated clearing house (ACH) service in order to correspond to recently adopted amendments to NACHA's ACH operating rules.
By Fed Newswire | May 21, 2015
News Release: On May 21, 2015, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered 14-day term deposits with the rate set equal to the sum of the interest rate paid on excess reserves plus a fixed spread of 1 basis point.
By Fed Newswire | May 21, 2015
News Release: The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity to meet their liquidity needs during a period of financial stress.
By Fed Newswire | May 20, 2015
News Release: On May 21, 2015, the Federal Reserve will conduct a floating-rate offering of term deposits with an early withdrawal feature through its Term Deposit Facility (TDF). The Federal Reserve will offer 14-day term deposits with a rate set equal to the sum of the interest rate paid on excess reserves (currently ...
By Fed Newswire | May 20, 2015
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 28-29, 2015.
By Fed Newswire | May 20, 2015
News Release: The Federal Reserve on Wednesday announced it will impose fines totaling more than $1.8 billion against six major banking organizations for their unsafe and unsound practices in the foreign exchange (FX) markets. The fines, among the largest ever assessed by the Federal Reserve, include: $342 million ...
By Fed Newswire | May 14, 2015
News Release: The Federal Reserve plans to continue periodic testing of Term Deposit Facility (TDF) operations, beginning with two operations this month. These operations are aimed at ensuring the operational readiness of the TDF and providing eligible institutions with an opportunity to maintain familiarity with term deposit procedures. The TDF test operations are a matter of prudent planning and have no implications for the near-term conduct of monetary policy.
By Fed Newswire | May 12, 2015
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: The Freedom Bank of Virginia, Fairfax, Virginia Order of assessment of civil money penalty dated May 11, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | May 11, 2015
News Release: The Federal Open Market Committee on Monday announced its tentative meeting schedule for 2016: January 26-27 (Tuesday-Wednesday) March 15-16 (Tuesday-Wednesday) April 26-27 (Tuesday-Wednesday) June 14-15 (Tuesday-Wednesday) July 26-27 (Tuesday-Wednesday) September 20-21 (Tuesday-Wednesday) November 1-2 ...
By Fed Newswire | May 11, 2015
News Release: The Federal Reserve Board on Monday announced it was barring five former private bankers and senior managers of Credit Suisse, AG, Zurich, Switzerland from employment in the banking industry. The Board announced last May that it would investigate individuals in connection with a civil money penalty and ...
By Fed Newswire | May 7, 2015
News Release: The Federal Reserve Board on Thursday announced its approval of the application under section 9 of the Federal Reserve Act by The Bank of Versailles, Versailles, Missouri, to establish a branch at the location of 76 Grand Point Boulevard, Sunrise Beach, Missouri.
By Fed Newswire | May 5, 2015
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Truxton Trust Company (PDF), Nashville, Tennessee Order of assessment of civil money penalty dated April 29, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Apr 30, 2015
News Release: The Federal Reserve Board on Thursday released its Semiannual Report on Banking Applications Activity, which provides aggregate information on proposals filed by banking organizations and reviewed by the Federal Reserve.
By Fed Newswire | Apr 30, 2015
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Southeastern Financial, Inc., Tuscaloosa, Alabama Supervisory Agreement issued by the Office of Thrift Supervision dated November 9, 2010 Terminated April 27, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Apr 30, 2015
News Release: Six federal financial regulatory agencies today issued a final rule that implements minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that provides appraisal management services to lenders or underwriters or other principals in the secondary mortgage markets. These appraisal management services include contracting with licensed and certified appraisers to perform appraisal assignments.
