Stories by Fed Newswire on Federal Newswire


Federal Reserve Board proposes rule to further strengthen the capital positions of the largest, most systemically important U.S. bank holding companies

News Release: The Federal Reserve Board on Tuesday proposed a rule to further strengthen the capital positions of the largest, most systemically important U.S. bank holding companies.


Federal Reserve Board approves application by Veritex Community Bank

News Release: The Federal Reserve Board on Monday announced its approval of the application filed by Veritex Community Bank, Dallas, Texas, to establish a branch at 2700 Oak Lawn Avenue, Dallas, Texas.


Federal Reserve Board issues enforcement action with Tennessee State Bank

News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Tennessee State Bank (PDF), Pigeon Forge, Tennessee Order of assessment of civil money penalty dated Nov. 26, 2014 Search of Federal Reserve enforcement actions.


Federal Reserve announces College Fed Challenge winners

News Release: Pace University won the 11th annual national College Fed Challenge on Tuesday, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The team, from New York, N.Y., represented the New York Federal Reserve District and included Kelsey Berro, Katherine Craig, Jordan Jhamb, Julia Mikhailova, Lauren Price, and faculty adviser Gregory Colman.


Federal Reserve announces results of offering of seven-day term deposits on December 1

News Release: On Dec. 1, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits at an interest rate of 0.30000 percent. Following are the results of the operation: TDF Operation ID: F54 Total Amount Awarded: $402,152,500,000 ...


Federal Reserve Board announces termination of enforcement actions with Metro North Bancshares, Inc., and United Security Bancshares, Inc., and United Security Bank

News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Metro North Bancshares, Inc., Elk River, Minnesota Written Agreement issued July 23, 2010 Terminated Nov. 24, 2014 United Security Bancshares, Inc., and United Security Bank, both of Fresno, California Written Agreement issued March 23, 2010 Terminated Nov. 19, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve Board announces adoption of changes to part II of the Federal Reserve Policy on Payment System Risk

News Release: The Federal Reserve Board on Monday announced the adoption of changes to part II of the Federal Reserve Policy on Payment System Risk (PSR policy) that are designed to enhance the efficiency of the payment system. The proposed changes are largely related to the posting rules for automated clearing house (ACH) and commercial check transactions.


Federal Reserve offers seven-day term deposits through its Term Deposit Facility

News Release: On Dec. 1, 2014, the Federal Reserve will conduct a fixed-rate offering of term deposits through its Term Deposit Facility (TDF) that will incorporate an early withdrawal feature. This feature will allow depository institutions to obtain a return of funds prior to the maturity date subject to an early withdrawal penalty. The Federal Reserve will offer seven-day term deposits with an interest rate of 0.30000 percent and a maximum tender amount of $20,000,000,000.


Federal Reserve announces results of offering of eight-day term deposits on November 24

News Release: On Nov. 24, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility. The operation offered eight-day term deposits at an interest rate of 0.29000 percent. Following are the results of the operation: TDF Operation ID: F53 Total Amount Awarded: $334,714,020,000 ...


Minutes of the Board's discount rates meetings for October 6 and October 27, 2014

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from October 6 and Oct. 27, 2014.


Federal Reserve Board announces termination of enforcement action with Pacific Mercantile Bancorp

News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Pacific Mercantile Bancorp, Costa Mesa, California; Pacific Mercantile Bank, Costa Mesa, California Written Agreement issued Aug. 31, 2010 Terminated Nov. 20, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve Board announces proposed enhanced prudential standards for regulation and supervision of General Electric Capital Corporation

News Release: The Federal Reserve Board on Tuesday invited public comment on enhanced prudential standards for the regulation and supervision of General Electric Capital Corporation (GECC), a nonbank financial company that the Financial Stability Oversight Council has designated for supervision by the Board.


Agencies jointly provide feedback on Wells Fargo's second resolution plan and move resolution plan submission date for three companies

News Release: The Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation (the agencies) on Tuesday announced that they had completed their review of Wells Fargo & Co.'s 2014 resolution plan and issued a joint letter to the firm.


Federal Reserve Board releases first Semiannual Report on Banking Applications Activity

News Release: The Federal Reserve Board on Monday released its first Semiannual Report on Banking Applications Activity, which provides aggregate information on proposals filed by banking organizations and reviewed by the Federal Reserve.


Federal Reserve offers eight-day term deposits through its Term Deposit Facility

News Release: On Nov. 24, 2014, the Federal Reserve will conduct a fixed-rate offering of term deposits through its Term Deposit Facility (TDF) that will incorporate an early withdrawal feature. This feature will allow depository institutions to obtain a return of funds prior to the maturity date subject to an early withdrawal penalty. The Federal Reserve will offer eight-day term deposits with an interest rate of 0.29000 percent and a maximum tender amount of $20,000,000,000.


Federal Reserve Board announces two separate reviews are underway regarding examinations of large banking organizations

News Release: The Federal Reserve Board on Thursday announced two separate reviews that are underway at the Federal Reserve System to ensure that the examinations of large banking organizations are consistent, sound, and supported by all relevant information.


Federal Reserve Board announces appointment of the chairs and deputy chairs of the Federal Reserve Banks for 2015

News Release: The Federal Reserve Board on Wednesday announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2015.


Minutes of the Federal Open Market Committee, October 28-29, 2014

News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 28-29, 2014.


Federal Reserve Board report highlights findings of 2013 Survey of Young Workers

News Release: The Federal Reserve Board on Tuesday published a new report, based on its 2013 Survey of Young Workers, that provides insight into numerous labor market topics, including the educational attainment, work experience, and expectations of adults aged 18 to 30.


Federal Reserve announces results of offering of six-day term deposits on November 17

News Release: On Nov. 17, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility. The operation offered six-day term deposits at an interest rate of 0.28000 percent. Following are the results of the operation: TDF Operation ID: F52 Total Amount Awarded: $316,020,510,000 ...