Stories by Fed Newswire on Federal Newswire


Agencies announce increases in dollar thresholds in Regulations Z and M for exempt consumer credit and lease transactions

News Release: The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) today announced they are increasing the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. Transactions at or below the thresholds are subject to the protections of the regulations.


Federal Reserve announces results of offering of 28-day term deposits on November 18

News Release: On Nov. 18, 2013, the Federal Reserve conducted a fixed-rate offering of term deposits with full allotment of tenders through its Term Deposit Facility. The operation offered 28-day term deposits at an interest rate of 0.26000 percent. Following are the results of the operation: TDF Operation ID: ...


Agencies release regulatory capital estimation tool for community banks

News Release: The federal bank regulatory agencies today released an estimation tool to help community banks understand the potential effects of the recently revised regulatory capital framework on their capital ratios.


Federal Reserve Board announces approval of application by Banco BPI

News Release: The Federal Reserve Board on Monday announced its approval of the application by Banco BPI, S.A., Porto, Portugal, to establish representative offices in Newark, New Jersey, and New Bedford, Massachusetts.


Federal Reserve Board announces it has not objected to a re-submitted capital plan from Ally Financial Inc.

News Release: The Federal Reserve on Friday announced that it has not objected to a re-submitted capital plan from Ally Financial Inc. Earlier this year, the Federal Reserve objected to Ally's 2013 capital plan based on both quantitative and qualitative assessments conducted during the annual Comprehensive Capital Analysis and Review. Ally was required to submit a new capital plan under the Federal Reserve's regulation.


Agencies release final revisions to interagency questions and answers regarding community reinvestment

News Release: The federal bank regulatory agencies with responsibility for Community Reinvestment Act (CRA) rulemaking today published final revisions to "Interagency Questions and Answers Regarding Community Reinvestment." The Questions and Answers document provides additional guidance to financial institutions and the public on the agencies' CRA regulations.


Federal Reserve Board issues enforcement action with North Milwaukee Bancshares, Inc.

News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: North Milwaukee Bancshares, Inc. (PDF), Milwaukee, Wisconsin Written Agreement dated Nov. 12, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve offers 28-day term deposits with full allotment at 26 basis points through its Term Deposit Facility

News Release: On Nov. 18, 2013, the Federal Reserve will conduct a fixed-rate offering of term deposits with full allotment of tenders through its Term Deposit Facility (TDF). The Federal Reserve will offer 28-day term deposits with an interest rate of 0.26000 percent and a maximum tender amount of $1,250,000,000. ...


Federal Reserve Board announces termination of enforcement actions with FNB United Corp., Highland Bancshares, National Consumer Cooperative Bank, and NCB Financial Corporation

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: FNB United Corp. (now known as CommunityOne Bancorp, Charlotte, North Carolina) Written Agreement dated Oct. 21, 2010 Terminated November 5, 2013 Highland Bancshares, Inc., St. Michael, Minnesota ...


Federal Reserve Board issues final policy statement for developing scenarios for future capital planning and stress testing exercises

News Release: The Federal Reserve Board on Thursday issued a final policy statement describing the processes it will use to develop scenarios for future capital planning and stress testing exercises.


Federal Reserve Board announces annual indexing of reserve requirement exemption amount and of low reserve tranche for 2014

News Release: The Federal Reserve Board on Tuesday announced the annual indexing of the amounts used in determining reserve requirements of depository institutions and deposit reporting panels effective in 2014.


Federal Reserve Board releases supervisory scenarios and instructions for 2014 capital planning and stress testing

News Release: The Federal Reserve Board on Friday issued the supervisory scenarios that will be used in the 2014 capital planning and stress testing program, as well as instructions to firms with timelines for submissions. The program includes the Comprehensive Capital Analysis and Review (CCAR) of 30 bank holding ...


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

News Release: The Federal Reserve Board announced on Thursday the approval of fee schedules, effective Jan. 2, 2014, for payment services the Federal Reserve Banks provide to depository institutions (priced services).


Federal Reserve and other central banks convert temporary bilateral liquidity swap arrangements to standing arrangements

News Release: The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank announced on Thursday that their existing temporary bilateral liquidity swap arrangements are being converted to standing arrangements, that is, arrangements that will ...


Federal Reserve Board issues enforcement action with United Bank Limited and United Bank Limited New York Branch

News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: United Bank Limited, Karachi, Pakistan, and United Bank Limited New York Branch, New York, New York (PDF) Written Agreement dated Oct. 28, 2013 Search of Federal Reserve enforcement actions.


Federal Reserve issues FOMC statement

News Release: Information received since the Federal Open Market Committee met in September generally suggests that economic activity has continued to expand at a moderate pace. Indicators of labor market conditions have shown some further improvement, but the unemployment rate remains elevated. Available data suggest ...


Federal Reserve Board announces termination of enforcement action with First Community Bank

News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: First Community Bank, Glasgow, Montana Written Agreement dated Nov. 29, 2010 Terminated Oct. 25, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve Board proposes rule to strengthen liquidity positions of large financial institutions

News Release: The Federal Reserve Board proposed a rule on Thursday to strengthen the liquidity positions of large financial institutions.


Federal Reserve Board hosts Financial Education Day

News Release: High school students from Washington, D.C., learned about personal budgeting, responsible borrowing, and financing secondary education at workshops taught by Federal Reserve Board staff members on Wednesday.


Federal financial regulators proposing joint standards for assessing diversity policies and practices of regulated entities pursuant to Section 342 of the Dodd-Frank Act

News Release: Six federal financial regulatory agencies are proposing joint standards for assessing the diversity policies and practices of the institutions they regulate.