By Fed Newswire | Mar 12, 2013
News Release: On March 11, 2013, the Federal Reserve conducted an auction of $3 billion in 28-day term deposits through its Term Deposit Facility. Following are the results of the auction: TDF Auction ID: A29 Competitive Amount Offered: $3,000,000,000 Competitive Amount Tendered: $9,415,000,000 Competitive Amount ...
By Fed Newswire | Mar 7, 2013
News Release: The nation's largest bank holding companies have continued to improve their ability to withstand an extremely adverse hypothetical economic scenario and are collectively in a much stronger capital position than before the financial crisis, according to the summary results of bank stress tests announced by the Federal Reserve on Thursday.
By Fed Newswire | Mar 6, 2013
News Release: On Monday, March 11, 2013, the Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility. As noted in the Federal Reserve Board's September 8, 2010 release, this offering is part of ongoing small-value operations designed to provide eligible institutions with an ...
By Fed Newswire | Mar 5, 2013
News Release: The Federal Reserve Board on Tuesday published a report containing summary information on the volume and value, interchange fee revenue, certain debit card issuer costs, and fraud losses related to debit card transactions in 2011. The report is the second in a series to be published every two years pursuant to section 920 of the Electronic Fund Transfer Act (EFTA).
By Fed Newswire | Feb 28, 2013
News Release: WASHINGTON--The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board today released amendments to their enforcement actions against 13 mortgage servicers for deficient practices in mortgage loan servicing and foreclosure processing. The amendments require the servicers to provide $9.3 billion in payments and other assistance to borrowers.
By Fed Newswire | Feb 26, 2013
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings of January 14 and Jan. 28, 2013.
By Fed Newswire | Feb 26, 2013
News Release: The Federal Reserve Board on Tuesday requested comment on a proposed rule to amend Regulation HH to set out the conditions and requirements for a Federal Reserve Bank to open and maintain accounts for and provide financial services to financial market utilities designated as systemically important by the Financial Stability Oversight Council.
By Fed Newswire | Feb 22, 2013
News Release: The Federal Reserve Board has extended until April 30, 2013, the comment period on a proposed rule to implement the enhanced prudential standards and early remediation requirements established under sections 165 and 166 of the Dodd-Frank Wall Street Reform and Consumer Protection Act for foreign banking ...
By Fed Newswire | Feb 20, 2013
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 29-30, 2013.
By Fed Newswire | Feb 19, 2013
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Central Pacific Financial Corporation, Honolulu, Hawaii Written Agreement dated July 2, 2010 Terminated Feb. 12, 2013 Search of Federal Reserve enforcement actions.
By Fed Newswire | Feb 14, 2013
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Rurban Financial Corp. and Rurbanc Data Services, Inc., both of Defiance, Ohio Cease and Desist Order dated March 9, 2011 Terminated February 8, 2013 For media inquiries, call 202-452-2955.
By Fed Newswire | Feb 12, 2013
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Commonwealth Savingshares Corporation (PDF), Huntsville, Alabama Written Agreement dated February 5, 2013 Search of Federal Reserve enforcement actions.
By Fed Newswire | Feb 5, 2013
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Progressive Growth Corp., Gaylord, Minnesota Written Agreement dated Nov. 15, 2010 Terminated Feb. 1, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jan 31, 2013
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Oregon Community Bank & Trust, Oregon, Wisconsin Written Agreement dated Aug. 27, 2010 Terminated Jan. 29, 2013 Security Financial Services Corporation and Security Financial Bank, both of Durand, Wisconsin Written Agreement dated Sept. 14, 2009 Terminated Jan. 28, 2013 Search of Federal Reserve enforcement actions.
By Fed Newswire | Jan 30, 2013
News Release: Information received since the Federal Open Market Committee met in December suggests that growth in economic activity paused in recent months, in large part because of weather-related disruptions and other transitory factors. Employment has continued to expand at a moderate pace but the unemployment ...
By Fed Newswire | Jan 28, 2013
News Release: The Federal Reserve Board on Monday announced its approval of applications by NongHyup Bank, Seoul, Republic of Korea, to establish a branch and a representative office in New York, New York.
By Fed Newswire | Jan 28, 2013
News Release: The Federal Reserve Board on Monday announced that results from the supervisory stress tests conducted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be released on Thursday, March 7, and the related results from the Comprehensive Capital Analysis and Review, or CCAR, will be released on Thursday, March 14. Results will be released for both exercises at 4:30 p.m. Eastern Time.
By Fed Newswire | Jan 24, 2013
News Release: The Federal Reserve Board on Thursday announced its approval of the application filed by Trustmark Corporation, Jackson, Mississippi, to merge with BancTrust Financial Group, Inc., Mobile, Alabama, and to acquire BancTrust's subsidiary bank, BankTrust, also in Mobile.
By Fed Newswire | Jan 24, 2013
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Farmers and Merchants Bancshares, Inc., Burlington, Iowa Written Agreement dated Feb. 28, 2011 Terminated Jan. 18, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jan 22, 2013
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Flathead Holding Company of Bigfork (PDF), Bigfork, Montana Written Agreement dated Dec. 14, 2012 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
