Stories by Fed Newswire on Federal Newswire


Federal Reserve Board announces termination of enforcement action with BOV Holding Company

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: BOV Holding Company, Versailles, Missouri; Bank of Versailles, Versailles, Missouri Written Agreement issued July 26, 2010 Terminated Oct. 20, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve Board releases supervisory scenarios for 2015 capital planning and stress testing

News Release: The Federal Reserve Board on Thursday issued the supervisory scenarios that will be used in the 2015 capital planning and stress testing program. The program includes the Comprehensive Capital Analysis and Review (CCAR) of 31 bank holding companies with $50 billion or more of total consolidated assets.


Federal Reserve organizes second Financial Education Day

News Release: The Federal Reserve Board and Reserve Banks organized more than two dozen events for high school students and teachers across the country on Wednesday as part of the second Federal Reserve Financial Education Day. In the Washington, D.C., area, staff from the Board conducted workshops at four high schools ...


Six federal agencies jointly approve final risk retention rule

News Release: Six federal agencies approved a final rule requiring sponsors of securitization transactions to retain risk in those transactions. The final rule implements the risk retention requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).


Federal Reserve announces results of offering of seven-day term deposits on October 20

News Release: On Oct. 20, 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: F48 Total Amount Awarded: $171,861,000,000 ...


Federal Reserve Board approves application by Central Bank of Audrain County

News Release: The Federal Reserve Board on Friday announced its approval of the applications under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act by Central Bank of Audrain County, Mexico, Missouri, to acquire the Vandalia, Missouri branch of First State Community Bank, Farmington, Missouri, and to establish a branch at the location of the Vandalia, Missouri branch.


Federal Reserve Board issues final rule to modify regulations for capital planning and stress testing and released instructions for 2015 capital planning cycle

News Release: The Federal Reserve Board on Friday issued a final rule to modify the regulations for capital planning and stress testing and released instructions for the 2015 capital planning cycle.


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

News Release: On Oct. 20, 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 $10,000,000,000.


Federal Reserve announces results of offering of seven-day term deposits on October 14

News Release: On Oct. 14, 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: F47 Total Amount Awarded: $110,029,000,000 ...


Minutes of the Board's discount rates meetings for August 25 and September 15, 2014

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for August 25 and Sept. 15, 2014.


Federal Reserve Board and FDIC welcome ISDA announcement

News Release: The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation welcome the announcement today by the International Swaps and Derivatives Association (ISDA) of the agreement of a new resolution stay protocol.


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

News Release: On Oct. 14, 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 $5,000,000,000.


Federal Reserve Board issues termination of enforcement action with First American International Corporation

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: First American International Corporation, Brooklyn, New York Written Agreement issued March 18, 2011 Terminated October 7, 2014 Search of Federal Reserve enforcement actions.


Federal Reserve Board releases answers to frequently asked questions regarding competitive review process for bank acquisitions, mergers, and other transactions

News Release: The Federal Reserve Board on October 9 released answers to frequently asked questions (FAQs) regarding the competitive review process for bank acquisitions, mergers, and other transactions.


Federal Reserve Board announces Community Depository Institutions Advisory Council members for 2015

News Release: The Federal Reserve Board on Wednesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2015.


Federal Reserve Board announces appointment of William English as adviser to the Board in the Office of Board Members

News Release: The Federal Reserve Board on Wednesday announced the appointment of William English as adviser to the Board for Monetary Policy in the Office of Board Members. Mr. English has served as director of the Board's Division of Monetary Affairs and as secretary to the Federal Open Market Committee since July 2010 and will continue to serve in those roles until a successor is in place.


Minutes of the Federal Open Market Committee, September 16-17, 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 September 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 ...


Federal Reserve Board issues enforcement action with Fayette County Bank and termination of enforcement actions with First Security Group and South Group Bancshares

News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Fayette County Bank (PDF), St. Elmo, Illinois Prompt Corrective Action Directive dated Oct. 2, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: First ...


Federal Reserve Board approves application by Chemical Financial Corporation

News Release: The Federal Reserve Board on Tuesday announced its approval of the notice under section 4 of the Bank Holding Company Act by Chemical Financial Corporation ("Chemical"), Midland, Michigan, to acquire Northwestern Bancorp, Inc., and its wholly owned subsidiary, Northwestern Bank, a state savings bank ...


Federal Reserve Board announces it will begin a quantitative impact study to evaluate potential effects of its revised regulatory capital framework on insurance holding companies

News Release: The Federal Reserve Board on Tuesday announced that it will begin a quantitative impact study (QIS) to evaluate the potential effects of its revised regulatory capital framework on savings and loan holding companies and nonbank financial companies supervised by the Board that are substantially engaged in insurance underwriting activity (insurance holding companies).