By Fed Newswire | Jun 17, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Beach Community Bancshares, Inc., Fort Walton Beach, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta. A copy of the Written Agreement is attached.
By Fed Newswire | Jun 17, 2010
News Release: The federal bank and thrift regulatory agencies today announced a proposed change to the Community Reinvestment Act (CRA) regulations to support stabilization of communities affected by high foreclosure levels. The proposed change specifically would encourage depository institutions to support the Neighborhood Stabilization Program (NSP) administered by the U.S. Department of Housing and Urban Development (HUD).
By Fed Newswire | Jun 17, 2010
News Release: The federal bank and thrift regulatory agencies today announced a series of upcoming public hearings on modernizing the regulations that implement the Community Reinvestment Act (CRA). Interested parties are invited to provide testimony and written comments.
By Fed Newswire | Jun 17, 2010
News Release: The Federal Reserve Board on Thursday announced the discussion topics for its upcoming public hearings on potential revisions to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA). Members of the Board's Consumer Advisory Council (CAC), who represent consumer and community organizations, the financial services industry, academic institutions, and state agencies, will join Board officials in presiding at the hearings.
By Fed Newswire | Jun 16, 2010
News Release: The Federal Reserve Board on Wednesday announced the issuance of a Consent Order of Assessment of a Civil Money Penalty against Monarch Bank, Chesapeake, Virginia, a state member bank. Monarch Bank, without admitting to any allegations, consented to the issuance of the Order in connection with its alleged violations of the Board's regulations implementing the National Flood Insurance Act.
By Fed Newswire | Jun 16, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Patterson Bankshares, Inc., Patterson, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the State of Georgia Department of Banking and Finance. A copy of the Written Agreement is attached.
By Fed Newswire | Jun 16, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Mid State Banks, Inc., Hawkinsville, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the State of Georgia Department of Banking and Finance. A copy of the Written Agreement is attached.
By Fed Newswire | Jun 15, 2010
News Release: On June 14, 2010, the Federal Reserve conducted an auction of $1 billion in 14-day term deposits through its Term Deposit Facility. Following are the results of the auction: TDF Auction ID: A11 Competitive Amount Offered: $ 1,000,000,000 Competitive Amount Tendered: $ 6,138,150,000 Competitive Amount ...
By Fed Newswire | Jun 15, 2010
News Release: The Federal Reserve Board on Tuesday announced the issuance of a Prompt Corrective Action Directive with the consent of Pierce Commercial Bank, Tacoma, Washington, a state-chartered member bank.
By Fed Newswire | Jun 15, 2010
News Release: The Federal Reserve Board on Tuesday announced the issuance of a Prompt Corrective Action Directive with the consent of Sterling Bank, Lantana, Florida, a state-chartered member bank.
By Fed Newswire | Jun 15, 2010
News Release: The Federal Reserve Board on Tuesday approved a final rule to protect credit card users from unreasonable late payment and other penalty fees and to require credit card issuers to reconsider interest rate increases imposed since the beginning of last year.
By Fed Newswire | Jun 14, 2010
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Castle Rock Bank, Castle Rock, Colorado, a state member bank, the Federal Reserve Bank of Kansas City, and the State of Colorado Division of Banking.
By Fed Newswire | Jun 11, 2010
News Release: Vice Chairman Donald L. Kohn announced on Friday that, at the request of Federal Reserve Chairman Ben S. Bernanke, he plans to remain on the Board until a new Governor is appointed but to leave no later than September 1. He had announced in March that he intended to resign at the expiration of his term as Vice Chairman on June 23, 2010. While he remains on the Board as a Governor, he will continue to participate in all Board and Federal Open Market Committee meetings.
By Fed Newswire | Jun 11, 2010
News Release: On Monday, June 14, 2010, the Federal Reserve will offer $1 billion in 14-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.
By Fed Newswire | Jun 10, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Patriot National Bancorp, Inc., Stamford, Connecticut, a registered bank holding company, and the Federal Reserve Bank of New York.
By Fed Newswire | Jun 10, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Village Bancorp, St. George, Utah, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Jun 9, 2010
News Release: The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act ("BHC Act") by City Holding Company ("CityHolding"), Charleston, West Virginia, to increase its ownership interest from 4.9 percent to 7.5 percent of the voting shares of First ...
By Fed Newswire | Jun 9, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among PremierWest Bancorp, Medford, Oregon, a registered bank holding company, the Federal Reserve Bank of San Francisco, and the Oregon Department of Consumer and Business Services, Division of Finance and Corporate Securities.
By Fed Newswire | Jun 9, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between SouthwestUSA Corporation, Las Vegas, Nevada, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Jun 8, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between First Bancorp, San Juan, Puerto Rico, a registered bank holding company, and the Federal Reserve Bank of New York.
