Stories by Fed Newswire on Federal Newswire


Federal Reserve announces results of auction of $2 billion in 28-day term deposits held on June 28, 2010

News Release: On June 28, 2010, the Federal Reserve conducted an auction of $2 billion in 28-day term deposits through its Term Deposit Facility. Following are the results of the auction: TDF Auction ID: A12 Competitive Amount Offered: $ 2,000,000,000 Competitive Amount Tendered: $ 11,135,780,000 Competitive Amount ...


Written agreement with OptimumBank Holdings

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between OptimumBank Holdings, Inc., Fort Lauderdale, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.


Written agreement with Citizens Bancshares Co.

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Citizens Bancshares Co., Chillicothe, Missouri, a registered bank holding company, and the Federal Reserve Bank of Kansas City.


Federal Reserve to implement changes to Payment System Risk policy in early 2011

News Release: The Federal Reserve Board on Monday announced that it will implement changes to its Payment System Risk (PSR) policy in early 2011. A specific implementation date will be announced at least 90 days in advance. In December 2008, the Board adopted revisions to the policy and said that the Federal Reserve would implement these changes between late 2010 and early 2011.


Written agreement with Smithtown Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Smithtown Bancorp, Inc., Hauppauge, New York, a registered bank holding company, and the Federal Reserve Bank of New York.


Written agreement with BNB Financial Services Corporation

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between BNB Financial Services Corporation, New York, New York, a registered bank holding company, and the Federal Reserve Bank of New York.


Federal Reserve offers $2 billion in 28-day term deposits through its Term Deposit Facility

News Release: On Monday, June 28, 2010, the Federal Reserve will offer $2 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 Mission Oaks Bancorp

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


Banking Agencies Issue Host State Loan-to-Deposit Ratios

News Release: The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that the banking agencies will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios update data released on June 29, 2009.


FOMC statement

News Release: Information received since the Federal Open Market Committee met in April suggests that the economic recovery is proceeding and that the labor market is improving gradually. Household spending is increasing but remains constrained by high unemployment, modest income growth, lower housing wealth, and ...


Prompt corrective action directive against Thunder Bank

News Release: The Federal Reserve Board on Wednesday announced the issuance of a Prompt Corrective Action Directive against Thunder Bank, Sylvan Grove, Kansas, a state-chartered member bank.


Written agreement with First Capital West Bankshares

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between First Capital West Bankshares, Inc., Laramie, Wyoming, a registered bank holding company, and the Federal Reserve Bank of Kansas City.


Written agreement with Waccamaw Bankshares and Waccamaw Bank

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Waccamaw Bankshares, Inc., Whiteville, North Carolina, a registered bank holding company, its subsidiary bank, Waccamaw Bank, Whiteville, North Carolina, a state-chartered member bank, the Federal Reserve Bank of Richmond, and the State of North Carolina, Office of the Commissioner of Banks.


Federal Reserve announces posting rules for new same-day automated clearing house service

News Release: The Federal Reserve Board on Monday announced posting rules for a new same-day automated clearing house (ACH) service.


Written agreement with Lincoln County Bancorp and Peoples Bank and Trust Company

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Lincoln County Bancorp, Troy, Missouri, a registered bank holding company, Peoples Bank and Trust Company, Troy, Missouri, a state-chartered member bank, and the Federal Reserve Bank of St. Louis.


Prompt corrective action directive against Metro Bank of Dade County

News Release: The Federal Reserve Board on Monday announced the issuance of a Prompt Corrective Action Directive with the consent of Metro Bank of Dade County, Miami, Florida, a state-chartered member bank.


Written agreement with Dearborn Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Dearborn Bancorp, Inc., Dearborn, Michigan, a registered bank holding company, and the Federal Reserve Bank of Chicago.


Federal Reserve, OCC, OTS, FDIC Issue Final Guidance on Incentive Compensation

News Release: The Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS), and the Federal Deposit Insurance Corporation (FDIC) issued final guidance today to ensure that incentive compensation arrangements at financial organizations take into account risk and are ...


Publication date for annual revision to Industrial Production and Capacity Utilization statistical release, G.17

News Release: The Federal Reserve Board announced Friday that it will publish the annual revision to the G.17 statistical release, Industrial Production and Capacity Utilization, on Friday, June 25, at noon EDT.


Written agreement with Hampton Roads Bankshares and Bank of Hampton Roads

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Hampton Roads Bankshares, Inc., Norfolk, Virginia, a registered bank holding company, its subsidiary bank, Bank of Hampton Roads, Norfolk, Virginia, a state-chartered member bank, the Federal Reserve Bank of Richmond, and the Virginia Bureau of Financial Institutions.