Stories by Fed Newswire on Federal Newswire


Federal Reserve announces delay in the issue date of redesigned $100 note

News Release: The Federal Reserve Board on Friday announced a delay in the issue date of the redesigned $100 note. This new design incorporates cutting edge, anti-counterfeiting technologies and the Federal Reserve imposes strict quality controls to ensure that users of U.S. currency around the world receive the highest quality notes.


Federal Reserve announces formation of Community Depository Institutions Advisory Council

News Release: The Federal Reserve Board on Friday said it is forming an advisory council representing a broad group of insured community depository institutions. The Community Depository Institutions Advisory Council (CDIAC) will provide input to the Board on the economy, lending conditions, and other issues. Members ...


Federal Reserve announces implementation date for changes to the Payment System Risk Policy

News Release: The Federal Reserve Board on Thursday announced that it will implement changes to its Payment System Risk (PSR) policy on March 24, 2011. The Board approved these revisions in late 2008 for implementation approximately two years later, following substantial changes to the Reserve Banks' credit risk management infrastructure.


Federal Reserve offers $5 billion in 28-day term deposits through its Term Deposit Facility

News Release: On Monday, October 4, 2010, the Federal Reserve will offer $5 billion in 28-day term deposits through its Term Deposit Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation D, and the terms and conditions of the Term Deposit Facility.


Written agreement with First Heritage Corporation

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between First Heritage Corporation, Carthage, Mississippi, a registered bank holding company, and the Federal Reserve Bank of Atlanta. A copy of the Written Agreement is attached.


Agencies Issue Final Community Reinvestment Act Rule to Implement Provision of Higher Education Opportunity Act

News Release: The federal banking and thrift regulatory agencies today announced a final Community Reinvestment Act (CRA) rule to implement a provision of the Higher Education Opportunity Act.


Credit Quality of the Shared National Credit Portfolio Improved in 2010

News Release: The credit quality of large loan commitments owned by U.S. bank organizations, foreign bank organizations (FBOs), and nonbanks remained weak in 2010, but improved from 2009, according to the Shared National Credits (SNCs) Review for 2010.


Written agreement with Monarch Community Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Monarch Community Bancorp, Inc., Coldwater, Michigan, a registered bank holding company, and the Federal Reserve Bank of Chicago. A copy of the Written Agreement is attached.


Prompt corrective action directive against LandMark Bank of Florida

News Release: The Federal Reserve Board on Thursday announced the issuance of a Prompt Corrective Action Directive with the consent of LandMark Bank of Florida, Sarasota, Florida, Florida, a state-chartered member bank.


Written agreement with Miners and Merchants Bancorp and TruPoint Bank

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Miners and Merchants Bancorp, Inc., Grundy, Virginia, a registered bank holding company, TruPoint Bank, Grundy, Virginia, a state-chartered member bank, and the Federal Reserve Bank of Richmond.


Written agreement with First State Bank of Warner

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among First State Bank of Warner, Warner, South Dakota, a state-chartered member bank, the Federal Reserve Bank of Minneapolis, and the State of South Dakota, Department of Revenue and Regulation, Division of Banking.


Written agreement with TIB Financial Corporation

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between TIB Financial Corporation, Naples, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.


FOMC statement

News Release: Information received since the Federal Open Market Committee met in August indicates that the pace of recovery in output and employment has slowed in recent months. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and ...


Written agreement with Trans Pacific Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Trans Pacific Bancorp, San Francisco, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.


Written agreement with South Group Bancshares

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among South Group Bancshares, Inc., Glennville, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


Written agreement with State Bank Financial

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among State Bank Financial, La Crosse, Wisconsin, a state-chartered member bank, the Federal Reserve Bank of Minneapolis, and the State of Wisconsin Department of Financial Institutions.


Federal Reserve announces agenda for September 24 public hearing on Home Mortgage Disclosure Act

News Release: The Federal Reserve Board on Thursday announced the agenda and panelists for the last of four public hearings this year on potential revisions to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA).


Written agreement with First Security Group

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between First Security Group, Inc., Chattanooga, Tennessee, a registered bank holding company, and the Federal Reserve Bank of Atlanta.


Written agreement with Butte State Company and Butte State Bank

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Butte State Company, Butte, Nebraska, a registered bank holding company, Butte State Bank, Butte, Nebraska, a state-chartered member bank, the Federal Reserve Bank of Kansas City, and the Nebraska Department of Banking and Finance.


U.S. Banking Agencies Express Support for Basel Agreement

News Release: The U.S. federal banking agencies support the agreement reached at the Sept. 12, 2010, meeting of the G-10 Governors and Heads of Supervision (GHOS).1 This action, in combination with the agreement reached at the July 26, 2010, meeting of GHOS, sets the stage for key regulatory changes to strengthen the capital and liquidity of internationally active banking organizations in the United States and around the world.