By Fed Newswire | Jan 15, 2015
News Release: The Federal Reserve Board on Thursday announced its approval of the application filed by Comerica Bank, Dallas, Texas, to establish a branch at 31 68th Avenue in Coopersville, Michigan.
By Fed Newswire | Jan 15, 2015
News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today made available the public portions of resolution plans for firms with generally less than $100 billion in qualifying nonbank assets, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
By Fed Newswire | Jan 14, 2015
News Release: Federal banking agencies will hold an outreach meeting on February 4, 2015, at the Federal Reserve Bank of Dallas as part of their regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The meeting is the second in a series of outreach sessions that the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Board of Governors of the Federal Reserve System are holding throughout the country.
By Fed Newswire | Jan 13, 2015
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for November 24 and Dec. 15, 2014.
By Fed Newswire | Jan 13, 2015
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Brogan Bankshares, Inc., Kaukauna, Wisconsin Written Agreement issued Feb. 2, 2012 Terminated January 9, 2015 Pedcor Financial, LLC, Carmel, Indiana, Pedcor Financial Bancorp, Carmel, Indiana, ...
By Fed Newswire | Jan 9, 2015
News Release: The Federal Reserve Board on Friday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $98.7 billion of their estimated 2014 net income to the U.S. Treasury. Under the Board's policy, the residual earnings of each Federal Reserve Bank are distributed to the U.S. Treasury, after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.
By Fed Newswire | Jan 7, 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 December 16-17, 2014. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.
By Fed Newswire | Jan 6, 2015
News Release: The Federal Reserve Board on Tuesday announced the appointment of Thomas Laubach as director of the Division of Monetary Affairs, effective Jan. 11, 2015.
By Fed Newswire | Dec 23, 2014
News Release: The Federal Reserve Board on Tuesday announced the annual adjustment of the dollar amount used to determine whether a small loan is exempt from the special appraisal requirements that apply to higher-priced mortgage loans.
By Fed Newswire | Dec 22, 2014
News Release: The Basel Committee on Banking Supervision (BCBS) today published a consultative paper entitled "Revisions to the Standardized Approach for credit risk." These proposed revisions are intended to apply primarily to large, internationally active banking organizations and not community banking organizations. A key objective of the paper is to seek comment on preliminary alternatives to internal models and external credit ratings for calculating risk-weighted assets.
By Fed Newswire | Dec 19, 2014
News Release: The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations.
By Fed Newswire | Dec 18, 2014
News Release: The Federal Reserve Board announced on Thursday that it has acted under section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Volcker Rule, to give banking entities until July 21, 2016, to conform investments in and relationships with covered funds and foreign ...
By Fed Newswire | Dec 17, 2014
News Release: The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the December 16-17 meeting of the Federal Open Market Committee.
By Fed Newswire | Dec 17, 2014
News Release: Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization ...
By Fed Newswire | Dec 16, 2014
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Port Byron State Bank, Port Byron, Illinois Written Agreement issued July 23, 2013 Terminated December 9, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Dec 16, 2014
News Release: The Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency today issued an interim final rule to ensure that the treatment of over-the-counter (OTC) derivatives, eligible margin loans, and repo-style transactions under the two agencies' regulatory capital and liquidity ...
By Fed Newswire | Dec 12, 2014
News Release: The Federal Reserve Board on Friday invited public comment on a proposed rulemaking to provide additional information on how to apply the Board's revised capital framework for depository institution holding companies that have non-traditional capital structures.
By Fed Newswire | Dec 11, 2014
News Release: The Federal Reserve Board on Thursday announced its approval of the proposal by Midland States Bancorp, Inc., Effingham, Illinois, to acquire Love Savings Holding Company, St. Louis, Missouri, pursuant to section 4 of the Bank Holding Company Act of 1956, and the proposals by Midland States Bank, Effingham, ...
By Fed Newswire | Dec 10, 2014
News Release: The Federal Reserve Board on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act by Southside Bancshares, Inc., Tyler, Texas, to acquire OmniAmerican Bancorp, Inc., and its wholly owned subsidiary, OmniAmerican Bank, both of Fort Worth, Texas.
By Fed Newswire | Dec 9, 2014
News Release: The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Act by ViewPoint Financial Group, Inc., to acquire LegacyTexas Group, Inc., and its wholly owned subsidiary, LegacyTexas Bank, all of Plano, Texas. The Board also approved the applications ...
