By Fed Newswire | Dec 21, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: City National Bancshares Corporation (50 KB PDF), Newark, New Jersey Written Agreement dated Dec. 14, 2010 Community Shores Bank Corporation (46 KB PDF), Muskegon, Michigan Written Agreement dated Dec. 16, 2010 Search Federal Reserve enforcement actions
By Fed Newswire | Dec 21, 2010
News Release: The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank and intermediate small savings association under the Community Reinvestment Act (CRA) regulations. The annual adjustments for banks are required by the CRA rules.
By Fed Newswire | Dec 20, 2010
News Release: The Federal Reserve Board on Monday published its annual notice of the asset-size exemption threshold for depository institutions under Regulation C, which implements the Home Mortgage Disclosure Act (HMDA).
By Fed Newswire | Dec 17, 2010
News Release: The Federal Reserve Board on Friday announced its approval of the proposal by Caja de Ahorros de Valencia, Castellón y Alicante, Bancaja, Valencia, Spain, and Banco Financiero y de Ahorros, S.A., Madrid, Spain, to acquire Caja de Ahorros y Monte de Piedad de Madrid, also of Madrid, and its subsidiary bank, City National Bank of Florida, Miami, Florida.
By Fed Newswire | Dec 16, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: The Park Avenue Bank (46 KB PDF), Valdosta, Georgia Prompt Corrective Action Directive dated Dec. 13, 2010 Search of Federal Reserve enforcement actions.
By Fed Newswire | Dec 16, 2010
News Release: The Federal Reserve Board on Thursday requested comment on a proposed rule that would establish debit card interchange fee standards and prohibit network exclusivity arrangements and routing restrictions.
By Fed Newswire | Dec 15, 2010
News Release: Three federal bank regulatory agencies today announced they are seeking comment on a notice of proposed rulemaking that would revise the market risk capital rules for banking organizations with significant trading activity.
By Fed Newswire | Dec 15, 2010
News Release: The federal bank and thrift regulatory agencies today announced changes to Community Reinvestment Act (CRA) regulations to support stabilization of communities affected by high foreclosure levels.
By Fed Newswire | Dec 14, 2010
News Release: Information received since the Federal Open Market Committee met in November confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring down unemployment. Household spending is increasing at a moderate pace, but remains constrained by high unemployment, modest ...
By Fed Newswire | Dec 14, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Weststar Financial Services Corporation (44 KB PDF), Asheville, North Carolina Written Agreement dated December 9, 2010 Search of Federal Reserve enforcement actions.
By Fed Newswire | Dec 13, 2010
News Release: The Federal Reserve Board on Monday proposed two rules that would expand the coverage of consumer protection regulations to credit transactions and leases of higher dollar amounts.
By Fed Newswire | Dec 10, 2010
News Release: The Federal Reserve Board announced on Friday that a live webcast of its December 16 open meeting will be available on the Board's website. At the meeting, which is scheduled to begin at 2:30 p.m. EST, the Board will discuss proposed rules governing debit card interchange fees and routing. This will ...
By Fed Newswire | Dec 9, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: TCSB Bancorp, Inc. (50 KB PDF), Traverse City, Michigan Written Agreement dated December 6, 2010 Search of Federal Reserve enforcement actions.
By Fed Newswire | Dec 8, 2010
News Release: James Savage FSPC Spokesman (216) 579-3079 james.g.savage@clev.frb.org Cleveland, Ohio The Federal Reserve's 2010 study of noncash payments released today revealed that in 2009 more than three-quarters of all U.S. noncash payments were made electronically, a 9.3 percent annual increase since the Federal ...
By Fed Newswire | Dec 7, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Bank of America Corporation, Charlotte, North Carolina, a registered bank holding company, and the Federal Reserve Bank of Richmond. The agreement addresses issues associated with anti-competitive activities ...
By Fed Newswire | Dec 7, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Lino Lakes Banc Shares, Inc. (46 KB PDF), Forest Lake, Minnesota Written Agreement dated Dec. 2, 2010 Village Bancshares, Inc. (48 KB PDF), St. Francis, Minnesota Written Agreement dated Dec. 1, 2010 Search of Federal Reserve enforcement actions.
By Fed Newswire | Dec 2, 2010
News Release: The Federal Reserve Board on Thursday announced a new feature of its Data Download Program that allows users to create custom charts.
By Fed Newswire | Dec 2, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: First Community Bank (108 KB PDF), Glasgow, Montana Written Agreement dated Nov. 29, 2010 First National Community Bancorp, Inc. (65 KB PDF), Dunmore, Pennsylvania Written Agreement dated November ...
By Fed Newswire | Dec 2, 2010
News Release: The federal financial regulatory agencies issued final supervisory guidance today on sound practices by financial institutions for real estate appraisals and evaluations.
By Fed Newswire | Dec 1, 2010
News Release: The Federal Reserve Board on Wednesday posted detailed information on its public website about more than 21,000 individual credit and other transactions conducted to stabilize markets during the recent financial crisis, restore the flow of credit to American families and businesses, and support economic recovery and job creation in the aftermath of the crisis.
