By Fed Newswire | Aug 19, 2013
News Release: Large bank holding companies have considerably improved their capital planning processes in recent years, but have more work to do to enhance their practices for assessing the capital they need to withstand stressful economic and financial conditions, the Federal Reserve said in a paper released on Monday. ...
By Fed Newswire | Aug 16, 2013
News Release: The Federal Reserve Board on Friday issued a final rule establishing annual assessment fees for its supervision and regulation of large financial companies.
By Fed Newswire | Aug 15, 2013
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcementactions listed below: Bank of Virginia, Midlothian, Virginia Written Agreement dated Jan. 14, 2010 Terminated Aug. 13, 2013 Marquette Financial Companies, Minneapolis, Minnesota Written Agreement dated Feb. 17, 2011 Terminated August 8, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 14, 2013
News Release: The Federal Reserve Board on Wednesday announced its approval of an application under section 3 of the Bank Holding Company Act by Hana Financial Group Inc., Seoul, Republic of Korea, to acquire up to 71.4 percent of the voting shares of BNB Financial Services Corporation, New York, N.Y.
By Fed Newswire | Aug 14, 2013
News Release: The Federal Reserve Board on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act by Live Oak Bancshares, Inc., Wilmington, N.C., to engage in certain nonbanking activities through the acquisition of Government Loan Solutions, Inc., Cleveland.
By Fed Newswire | Aug 12, 2013
News Release: The Federal Reserve Board on Monday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2014.
By Fed Newswire | Aug 8, 2013
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: ABCT Holdings, Inc. (PDF), Waco, Texas Written Agreement dated August 5, 2013 The Federal Reserve Board also announced the termination of the enforcement actions listed below: BANKWEST Financial, Inc., Rockford, ...
By Fed Newswire | Aug 6, 2013
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Belt Valley Bank, Montana Written Agreement dated June 30, 2011 Terminated Aug. 2, 2013 Search of Federal Reserve enforcement actions.
By Fed Newswire | Aug 1, 2013
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Blencoe State Bank, Blencoe, Iowa Order of assessment of civil money penalty dated July 30, 2013 The Federal Reserve Board also announced the termination of the enforcement action listed below: Eastern ...
By Fed Newswire | Jul 31, 2013
News Release: Information received since the Federal Open Market Committee met in June suggests that economic activity expanded at a modest pace during the first half of the year. Labor market conditions have shown further improvement in recent months, on balance, but the unemployment rate remains elevated. Household ...
By Fed Newswire | Jul 30, 2013
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Port Byron State Bank (PDF), Port Byron, Illinois Written Agreement dated July 23, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jul 30, 2013
News Release: Three federal bank regulatory agencies are seeking comment on proposed guidance describing supervisory expectations for stress tests conducted by financial companies with total consolidated assets between $10 billion and $50 billion.
By Fed Newswire | Jul 26, 2013
News Release: The Federal Reserve Board on Friday released an amendment to the enforcement action against GMAC Mortgage requiring approximately $230 million in cash payments to mortgage borrowers.
By Fed Newswire | Jul 25, 2013
News Release: The federal bank regulatory agencies today issued a statement encouraging financial institutions to work constructively with private student loan borrowers experiencing financial difficulties. Prudent workout arrangements are consistent with safe and sound lending practices and are generally in the long-term best interest of both the financial institution and the borrower.
By Fed Newswire | Jul 23, 2013
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: First Pryority Bank, Pryor, Oklahoma Written Agreement dated March 25, 2008 Terminated July 15, 2013 Royal Bancshares of Pennsylvania, Inc., Narberth, Pennsylvania Written Agreement dated March 17, 2010 Terminated July 17, 2013 Search of Federal Reserve enforcement actions For media inquiries, call 202-452-2955.
By Fed Newswire | Jul 18, 2013
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Minster Bank (PDF), Minster, Ohio Order of assessment of civil money penalty dated July 16, 2013 The Federal Reserve Board also announced the termination of the enforcement action listed below: Citizens ...
By Fed Newswire | Jul 16, 2013
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from May 13 through June 17, 2013.
By Fed Newswire | Jul 16, 2013
News Release: On July 15, 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: F31 ...
By Fed Newswire | Jul 16, 2013
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Cascade Bancorp, Bend, Oregon Written Agreement dated Oct. 26, 2009 Terminated July 10, 2013 Reliance Bancshares, Inc., Des Peres, Missouri Written Agreement dated July 14, 2011 Terminated July 10, 2013 Rocky Mountain Bank, Wilson, Wyoming Written Agreement dated Jan. 20, 2011 Terminated July 10, 2013 Search of Federal Reserve enforcement actions.
By Fed Newswire | Jul 11, 2013
News Release: Elizabeth A. Duke submitted her resignation Thursday as a member of the Board of Governors of the Federal Reserve System, effective Aug. 31, 2013.
