Stories by Fed Newswire on Federal Newswire


Agencies propose technical corrections and clarifications to the capital rules applicable to advanced approaches banking organizations

News Release: The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today proposed clarifications to the revised regulatory capital rules adopted by the agencies in July 2013.


Federal Reserve Board announces meeting with market participants on reference rate reform

News Release: Today, the Federal Reserve will host a meeting with major market and official sector participants to discuss the process for developing risk-free reference rate alternatives to the current London Interbank Offered Rate (Libor) for use in future U.S. dollar derivative and certain other financial contracts.


Federal Reserve Board approves application by First American Bank Corporation

News Release: The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by First American Bank Corporation, Elk Grove Village, Illinois, to acquire Bank of Coral Gables, Coral Gables, Florida.


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

News Release: On Nov. 17, 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 six-day term deposits with an interest rate of 0.28000 percent and a maximum tender amount of $20,000,000,000.


Federal Reserve Board issues enforcement action with PointBank and termination of enforcement actions with Fox River Valley Bancorp, Inc., and Monarch Community Bancorp, Inc.

News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: PointBank (PDF), Pilot Point, Texas Order of assessment of civil money penalty dated November 6, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: Fox ...


Federal Reserve Board announces annual indexing of reserve requirement exemption amount and of low reserve tranche for 2015

News Release: The Federal Reserve Board on Thursday announced the annual indexing of two amounts used in determining reserve requirements of depository institutions. These amounts are the reserve requirement exemption amount and the low reserve tranche.


Federal Reserve announces results of offering of seven-day term deposits on November 10

News Release: On Nov. 10, 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 0.27000 percent. Following are the results of the operation: TDF Operation ID: F51 Total Amount Awarded: $307,722,750,000 ...


Credit risk in the Shared National Credit portfolio is high; leveraged lending remains a concern

News Release: The credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations (FBOs), and nonbanks is generally unchanged in 2014 from the prior year, federal banking agencies said Friday. In a supplemental report, the agencies highlighted findings specific to leveraged lending, including serious deficiencies in underwriting standards and risk management of leveraged loans.


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

News Release: On Nov. 10, 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 0.27000 percent and a maximum tender amount of $20,000,000,000.


Agencies announce EGRPRA outreach meetings

News Release: The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (agencies) announced the first of a series of outreach meetings to review their regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The first outreach meeting will be held at the Los Angeles branch of the Federal Reserve Bank of San Francisco on Dec. 2, 2014.


Federal Reserve Board issues final rule to implement section 622 of the Dodd-Frank Act

News Release: The Federal Reserve Board on Wednesday issued a final rule to implement section 622 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which generally prohibits a financial company from combining with another company if the ratio of the resulting company's liabilities exceeds 10 percent of the aggregate consolidated liabilities of all financial companies.


Federal Reserve announces results of offering of seven-day term deposits on November 3

News Release: On Nov. 3, 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 0.26000 percent. Following are the results of the operation: TDF Operation ID: F50 Total Amount Awarded: $262,101,500,000 ...


Federal Reserve Board approves fee schedule for Federal Reserve Bank priced services

News Release: The Federal Reserve Board on Tuesday announced the approval of fee schedules, effective Jan. 2, 2015, for payment services the Federal Reserve Banks provide to depository institutions (priced services).


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

News Release: On Nov. 3, 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 0.26000 percent and a maximum tender amount of $20,000,000,000.


Federal Reserve issues FOMC statement

News Release: Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests ...


Federal Reserve Board issues final rule to amend Regulation HH and Payment System Risk policy

News Release: The Federal Reserve Board on Tuesday issued a final rule that amends the Regulation HH risk-management standards for financial market utilities that have been designated as systemically important by the Financial Stability Oversight Council and for which the Board has standard-setting authority pursuant ...


Federal Reserve announces results of offering of seven-day term deposits on October 27

News Release: On Oct. 27, 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 0.26000 percent. Following are the results of the operation: TDF Operation ID: F49 Total Amount Awarded: $219,143,500,000 ...


Federal Reserve Board issues enforcement actions with Centennial Bank and Bank of Texas

News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Centennial Bank (PDF), Lubbock, Texas Order of assessment of civil money penalty dated Oct. 22, 2014 Bank of Texas (PDF), Midland, Texas Order of assessment of civil money penalty dated Oct. 27, 2014 Search of Federal Reserve enforcement actions.


Agencies request comment on proposed flood insurance rule

News Release: Five federal regulatory agencies today announced the approval of a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas. The proposed rule would implement provisions of the Homeowner Flood Insurance Affordability Act of ...


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

News Release: On Oct. 27, 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 0.26000 percent and a maximum tender amount of $15,000,000,000.