By Fed Newswire | Mar 20, 2012
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Mid America Bank and Trust Company, Dixon, Missouri Written Agreement dated June 8, 2007 Terminated March 14, 2012 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Mar 15, 2012
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Citizens Bancshares, Inc. and The Citizens Bank of Edmond, both of Edmond, Oklahoma Written Agreement dated Jan. 27, 2010 Terminated March 13, 2012 Credit Suisse AG, Zurich, Switzerland Cease and Desist Order dated Dec. 16, 2009 Terminated March 14, 2012 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 14, 2012
News Release: The Federal Reserve Board on Wednesday launched its official Twitter channel--@federalreserve --with the aim of increasing the accessibility and availability of Federal Reserve Board news.
By Fed Newswire | Mar 14, 2012
News Release: One out of five American consumers used their mobile phone to access their bank account, credit card, or other financial account in the 12 months ending in January 2012 and an additional one out of five indicated they would likely use mobile banking at some point in the future, according to a Federal Reserve Board survey (2.5 MB PDF) | HTML.
By Fed Newswire | Mar 14, 2012
News Release: On Monday, March 19, 2012, 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 13, 2012
News Release: Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Labor market conditions have improved further; the unemployment rate has declined notably in recent months but remains elevated. Household spending and business fixed investment ...
By Fed Newswire | Mar 13, 2012
News Release: The Federal Reserve on Tuesday announced summary results of the latest round of bank stress tests, which show that the majority of the largest U.S. banks would continue to meet supervisory expectations for capital adequacy despite large projected losses in an extremely adverse hypothetical economic scenario.
By Fed Newswire | Mar 13, 2012
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Central Bancorp, Inc. (PDF), Garland, Texas Written Agreement dated March 8, 2012 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 12, 2012
News Release: The Federal Reserve on Monday released a paper describing the methodology used in the stress test in the 2012 Comprehensive Capital Analysis and Review (CCAR) as well as the templates for disclosure of the summary results, which will be issued at 4:30 p.m. EDT on Thursday, March 15.
By Fed Newswire | Mar 9, 2012
News Release: The federal bank regulatory agencies, the Federal Reserve Bank of San Francisco, and the Community Development Financial Institutions Fund will host the 2012 National Interagency Community Reinvestment Conference in Seattle, Washington, from March 25 to 28. This biennial conference is designed to offer ...
By Fed Newswire | Mar 8, 2012
News Release: The Federal Reserve Board on Thursday released action plans for three supervised financial institutions to correct deficiencies in residential mortgage loan servicing and foreclosure processing. The three institutions are HSBC North America Holdings, Inc., Ally Financial Inc., and IMB HoldCo. LLC.
By Fed Newswire | Mar 8, 2012
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Sterling Financial Corporation, Spokane, Washington Written Agreement dated Dec. 24, 2009 Terminated March 5, 2012 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 2, 2012
News Release: The Federal Reserve Board on Friday issued guidance to ensure that supervisors apply consistent standards as they evaluate whether banking organizations with $10 billion or less in assets are eligible for upgrades of supervisory ratings.
By Fed Newswire | Mar 2, 2012
News Release: The Federal Reserve Board on Friday extended the comment period until April 30, 2012, on a proposed rule to implement the enhanced prudential standards and early remediation requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act.
By Fed Newswire | Feb 27, 2012
News Release: The Federal Reserve Board on Monday released action plans for supervised financial institutions to correct deficiencies in residential mortgage loan servicing and foreclosure processing. It also released engagement letters between supervised financial institutions and independent consultants retained by the firms to review foreclosures that were in process in 2009 and 2010.
By Fed Newswire | Feb 23, 2012
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Commerce Bancshares, Inc. (PDF), Edina, Minnesota Written Agreement dated Feb. 17, 2012 Search of Federal Reserve enforcement actions.
By Fed Newswire | Feb 21, 2012
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on Jan. 23, 2012.
By Fed Newswire | Feb 15, 2012
News Release: WASHINGTON--People seeking a review of their mortgage foreclosures under the Federal banking agencies' Independent Foreclosure Review now have until July 31, 2012, to submit their requests.
By Fed Newswire | Feb 15, 2012
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 24-25, 2012. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the January 24-25, 2012 meeting is also included as an addendum to these minutes.
By Fed Newswire | Feb 14, 2012
News Release: The Federal Reserve Board on Tuesday announced its approval of the notice by Capital One Financial Corporation, McLean, Virginia ("Capital One"), to acquire ING Bank, fsb, Wilmington, Delaware, and thereby indirectly acquire shares of ShareBuilder Advisors, LLC and ING Direct Investing, Inc., both of Seattle, Washington.
