By Fed Newswire | May 1, 2014
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Miners and Merchants Bancorp, Inc. and Trupoint Bank, both of Grundy, Virginia Written Agreement dated Sept. 16, 2010 Terminated April 30, 2014 Southport Financial Corporation, Kenosha, Wisconsin Written Agreement dated Nov. 24, 2010 Terminated April 28, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 30, 2014
News Release: Information received since the Federal Open Market Committee met in March indicates that growth in economic activity has picked up recently, after having slowed sharply during the winter in part because of adverse weather conditions. Labor market indicators were mixed but on balance showed further improvement. ...
By Fed Newswire | Apr 29, 2014
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Cornerstone Bancorp, Inc., St. Petersburg, Florida Written Agreement dated July 23, 2012 Terminated April 24, 2014 Liberty Bancorp and Liberty Bank, both of South San Francisco, California Written Agreement dated Oct. 25, 2011 Terminated April 25, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 28, 2014
News Release: The Federal Reserve Board on Monday announced it is requiring Bank of America Corporation to resubmit its capital plan and to suspend planned increases in capital distributions. The decision relates to the disclosure by Bank of America that the banking organization incorrectly reported data used in the ...
By Fed Newswire | Apr 24, 2014
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Farmers Bancorporation, Inc., Buhl, Idaho Written Agreement dated April 28, 2010 Terminated April 21, 2014 Great River Holding Company, Baxter, Minnesota Cease and Desist Order issued by the Office of Thrift Supervision dated December 6, 2010 Terminated April 21, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 18, 2014
News Release: The Federal Reserve Board on Friday announced the approval of an application by The Joyo Bank, Ltd., Mito City, Japan, to establish a representative office in New York, New York.
By Fed Newswire | Apr 17, 2014
News Release: The Federal Reserve Board on Thursday announced the issuance of a Consent Order of Prohibition against Darryl Woods, the former President and Chairman of the board of directors of Calvert Financial Corporation, Ashland, Missouri, a registered bank holding company, and the former Chief Financial Officer and Chairman of the board of directors of Mainstreet Bank, Ashland, Missouri, a state-member bank.
By Fed Newswire | Apr 15, 2014
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from February 10 through March 17, 2014.
By Fed Newswire | Apr 15, 2014
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Uinta Bank (PDF), Mountain View, Wyoming Order of assessment of civil money penalty dated April 10, 2014 The Federal Reserve Board also announced the termination of the enforcement action listed below: PGB Holdings, Inc. and Pacific Global Bank, both of Chicago, Illinois Written Agreement dated June 30, 2011 Terminated April 9, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 10, 2014
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: NBRS Financial Bank (PDF), Rising Sun, Maryland Prompt Corrective Action Directive dated April 7, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 9, 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 March 18-19, 2014 and of the conference call held on March 4, 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 | Apr 8, 2014
News Release: The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on Tuesday adopted a final rule to strengthen the leverage ratio standards for the largest, most interconnected U.S. banking organizations.
By Fed Newswire | Apr 7, 2014
News Release: The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act by Old National Bancorp, Evansville, Indiana, to merge with Tower Financial Corporation and thereby indirectly acquire Tower Bank and Trust Company, both of Fort Wayne, Indiana.
By Fed Newswire | Apr 3, 2014
News Release: Jeremy C. Stein submitted his resignation Thursday as a member of the Board of Governors of the Federal Reserve System, effective May 28, 2014.
By Fed Newswire | Apr 3, 2014
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Flagler Bank, West Palm Beach, Florida Written Agreement dated Nov. 12, 2009 Terminated March 27, 2014 Search of Federal Reserve enforcement actions.
By Fed Newswire | Apr 1, 2014
News Release: The Federal Reserve Board on Tuesday announced its approval of the notice under section 4 of the Bank Holding Company Act by PacWest Bancorp, Los Angeles, California, CapGen Capital Group II LP and CapGen Capital Group II LLC, both of New York, New York, to acquire CapitalSource Inc. and thereby indirectly acquire CapitalSource Bank, both of Los Angeles.
By Fed Newswire | Apr 1, 2014
News Release: The Federal Reserve Board on Tuesday announced its approval of the application filed by Umpqua Holdings Corporation, Portland, Oregon, to acquire Sterling Financial Corporation and thereby indirectly acquire Sterling Savings Bank, both of Spokane, Washington.
By Fed Newswire | Apr 1, 2014
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Freedom Bancorporation, Inc., Lindstrom, Minnesota Written Agreement dated April 22, 2013 Terminated March 27, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Mar 31, 2014
News Release: The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act for Community & Southern Holdings, Inc., Atlanta, Georgia, to merge with Verity Capital Group, Inc. and to acquire its subsidiary bank, Verity Bank, both of Winder, Georgia.
By Fed Newswire | Mar 28, 2014
News Release: The Federal Reserve Board on Friday announced its approval of the application by Banque Centrale Populaire, Casablanca, Morocco, to establish a representative office in Washington, D.C.
