By Fed Newswire | May 28, 2014
News Release: Click here for more high-resolution photos.
By Fed Newswire | May 28, 2014
News Release: On May 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: F40 Total Amount Awarded: $42,904,000,000 ...
By Fed Newswire | May 27, 2014
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for April 14 and April 28, 2014.
By Fed Newswire | May 22, 2014
News Release: On May 27, 2014, the Federal Reserve will conduct a fixed-rate offering of term deposits through its Term Deposit Facility (TDF). 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. As noted in the Federal Reserve ...
By Fed Newswire | May 22, 2014
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: First Banks, Inc., St. Louis, Missouri, The San Francisco Company, Clayton, Missouri, and First Bank, Creve Coeur, Missouri Written Agreement issued March 24, 2010 Terminated May 19, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | May 22, 2014
News Release: The Federal Reserve Board on Thursday repealed its Regulation DD (Truth in Savings) and Regulation P (Privacy of Consumer Financial Information) and issued final amendments to the Identity Theft Red Flags rule in Regulation V (Fair Credit Reporting).
By Fed Newswire | May 21, 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 April 29-30, 2014.
By Fed Newswire | May 20, 2014
News Release: On May 19, 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: F39 Total Amount Awarded: $27,575,170,000 ...
By Fed Newswire | May 20, 2014
News Release: The Federal Reserve Board on Tuesday announced the issuance of an Order of Dismissal dismissing the enforcement action against Louis A. DeNaples, an institution-affiliated party of First National Community Bancorp, Dunmore, Pennsylvania. The Order terminates a previous Cease and Desist Order against DeNaples issued by the Board on April 12, 2012.
By Fed Newswire | May 20, 2014
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Western Bank (PDF), Lordsburg, New Mexico Order of assessment of civil money penalty dated May 16, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: TCM ...
By Fed Newswire | May 19, 2014
News Release: The Federal Reserve Board on Monday announced that Credit Suisse will pay a $100 million penalty for unsafe and unsound practices and failure to comply with the federal banking laws governing its activities in the United States. The Federal Reserve also issued a cease and desist order requiring Credit Suisse promptly to address deficiencies in its oversight, management, and controls governing compliance with U.S. laws.
By Fed Newswire | May 15, 2014
News Release: On May 19, 2014, the Federal Reserve will conduct a fixed-rate offering of term deposits through its Term Deposit Facility (TDF). The Federal Reserve will offer seven-day term deposits with an interest rate of 0.26000 percent and a maximum tender amount of $3,000,000,000. As noted in the Federal Reserve ...
By Fed Newswire | May 15, 2014
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Central Federal Corporation, Fairlawn, Ohio Cease and Desist Order issued by the Office of Thrift Supervision dated May 25, 2011 Terminated May 9, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | May 14, 2014
News Release: The Federal Reserve Board on Wednesday announced its approval of the applications for Cullen/Frost Bankers, Inc., San Antonio, to acquire WNB Bancshares, Inc., Odessa, both of Texas; and for Cullen/Frost's subsidiary bank, Frost Bank, San Antonio, to merge with Western National Bank, Odessa, and retain and operate branches at the locations of Western National Bank's main office and branches.
By Fed Newswire | May 13, 2014
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Bank of Gueydan (PDF), Gueydan, Louisiana Order of assessment of civil money penalty dated May 9, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | May 12, 2014
News Release: The Federal Reserve Board on Monday announced the approval of an application by CaixaBank, S.A., Barcelona, Spain, to establish a representative office in New York, New York.
By Fed Newswire | May 9, 2014
News Release: As part of the continuing program of operational testing of its policy tools, the Federal Reserve plans to conduct a series of eight consecutive operations offering seven-day term deposits through its Term Deposit Facility (TDF). Individual operations will be held on the first business day of each week beginning the week of May 19, 2014.
By Fed Newswire | May 8, 2014
News Release: The Federal Reserve Board announced today its approval of the application filed by Mercantile Bank Corporation, Grand Rapids, to acquire Firstbank Corporation, Alma, and thereby indirectly acquire Firstbank, Mount Pleasant, and Keystone Community Bank, Kalamazoo, all of Michigan.
By Fed Newswire | May 8, 2014
News Release: The Federal Reserve Board on Thursday invited comment on a proposed rulemaking that would implement section 622 of the Dodd-Frank Act, which prohibits a financial company from combining with another company if the ratio of the resulting financial company's liabilities exceeds 10 percent of the aggregate consolidated liabilities of all financial companies.
By Fed Newswire | May 6, 2014
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Continental Bank Holdings, Inc., Plymouth Meeting, Pennsylvania Cease and Desist Order issued by the Office of Thrift Supervision dated Feb. 28, 2011 Terminated May 3, 2014 First National Bancshares ...
