By Fed Newswire | Mar 12, 2010
News Release: The Federal Reserve Board on Friday announced the issuance of a Final Decision and Order of Prohibition against Adam L. Benarroch, a former employee of Midwest Bank and Trust of Elmwood Park, Illinois ("Midwest"). This Order is the result of an action brought by the Board alleging that Mr. Benarroch ...
By Fed Newswire | Mar 11, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Florida First City Banks, Fort Walton Beach, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.
By Fed Newswire | Mar 11, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among NW Services Corporation, Ringgold, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | Mar 10, 2010
News Release: The Federal Reserve Board announced Wednesday that the Consumer Advisory Council will hold its next meeting on Thursday, March 25. The meeting will take place in Dining Room E, Terrace Level, in the Board's Martin Building. The session will begin at 9:00 a.m. and is open to the public. For security purposes, ...
By Fed Newswire | Mar 10, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Idaho Bancorp, a registered bank holding company, Idaho Banking Company, a state chartered member bank, both of Boise, Idaho, the Federal Reserve Bank of San Francisco and the State of Idaho Department of Finance.
By Fed Newswire | Mar 10, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between Olmsted Holding Corporation, Rochester, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.
By Fed Newswire | Mar 9, 2010
News Release: On March 8, 2010, the Federal Reserve conducted an auction of $25 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.500 percent Total propositions submitted: $3.410 billion Total propositions accepted: $3.410 billion Bid/cover ratio: 0.14 Number of bidders: 53 The awarded loans will settle on March 11, 2010, and will mature on April 8, 2010. The stop-out rate shown above will apply to all awarded loans.
By Fed Newswire | Mar 9, 2010
News Release: The Federal Reserve Board on Tuesday announced the issuance of a Prompt Corrective Action Directive against Horizon Bank, Bradenton, Florida, a state chartered member bank.
By Fed Newswire | Mar 9, 2010
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Ravalli County Bankshares, Inc., a registered bank holding company, Ravalli County Bank, a state chartered member bank, both of Hamilton, Montana, the Federal Reserve Bank of Minneapolis, and the Montana Division of Banking and Financial Institutions.
By Fed Newswire | Mar 8, 2010
News Release: On March 8, 2010, the Federal Reserve will offer $25 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction ...
By Fed Newswire | Mar 8, 2010
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Heritage Oaks Bancorp, Paso Robles, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Mar 3, 2010
News Release: The Federal Reserve Board on Wednesday proposed a rule amending Regulation Z (Truth in Lending) to protect credit card users from unreasonable late payment and other penalty fees and to require credit card issuers to reconsider increases in interest rates.
By Fed Newswire | Mar 2, 2010
News Release: Jim Savage FSPC Spokesman (216) 579-3079 James.g.savage@clev.frb.org Cleveland, OH The Federal Reserve Banks announced today that they have completed the reduction in paper check processing infrastructure that was begun in late 2003. With the discontinuation of paper check processing at the Atlanta office ...
By Fed Newswire | Mar 1, 2010
News Release: Donald L. Kohn submitted his intent to resign Monday as a member of the Board of Governors of the Federal Reserve System, effective at the expiration of his term as Vice Chairman on June 23, 2010.
By Fed Newswire | Mar 1, 2010
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Northwest Community Bancorp, Inc., Shoreline, Washington, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Feb 26, 2010
News Release: The Federal Reserve Board on Friday announced the approval of an application by ABN AMRO Bank N.V., Amsterdam, The Netherlands, to establish a representative office in New York, New York.
By Fed Newswire | Feb 25, 2010
News Release: The federal bank and thrift regulatory agencies and the Community Development Financial Institutions Fund will be hosting the 2010 National Interagency Community Reinvestment Conference in New Orleans, Louisiana, from March 14 to 18, 2010. This biennial conference is designed to offer participants from ...
By Fed Newswire | Feb 25, 2010
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Citizens Bancorp, Nevada City, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Feb 24, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Pacific State Bancorp, a registered bank holding company, Pacific State Bank, a state chartered member bank, both of Stockton, California, the Federal Reserve Bank of San Francisco, and the California Office of Financial Institutions.
By Fed Newswire | Feb 24, 2010
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Bankers' Bank of the West Bancorp, a registered bank holding company, Bankers' Bank of the West, a state chartered member bank, both of Denver, Colorado, the Federal Reserve Bank of Kansas City, and the Colorado Division of Banking.
