Stories by Fed Newswire on Federal Newswire


Order of prohibition and order of assessment of a civil money penalty against Francesco Rusciano

News Release: The Federal Reserve Board on Thursday announced the issuance of a combined Consent Order of Prohibition and Order of Assessment of a Civil Money Penalty against Francesco Rusciano, a former institution-affiliated party of UBS AG, Zurich, Switzerland. The consent order resolved administrative charges ...


Written agreement with Ohio State Bancshares

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between Ohio State Bancshares, Inc., Marion, Ohio, a registered bank holding company, and the Federal Reserve Bank of Cleveland.


Federal Reserve announces results of auction of $25 billion in 42-day credit held on November 30, 2009

News Release: On Nov. 30, 2009, the Federal Reserve conducted an auction of $25 billion in 42-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $16.730 billion Total propositions accepted: $16.730 billion Bid/cover ...


Prompt corrective action directive against Bank of Illinois

News Release: The Federal Reserve Board on Tuesday announced the issuance of a consent Prompt Corrective Action Directive against Bank of Illinois, Normal, Illinois, a state chartered member bank.


Written agreement with Commercial Bancshares

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement between Commercial Bancshares, Inc., Bloomington, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.


Minutes of Board discount rate meetings, October 13 through November 2, 2009

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on October 13 and Nov. 2, 2009.


Federal Reserve offers $25 billion in 42-day credit through its Term Auction Facility

News Release: On Nov. 30, 2009, the Federal Reserve will offer $25 billion in 42-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 Facility (www.federalreserve.gov/monetarypolicy/taf.htm).


Written Agreement with County Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement between County Bancorp, Inc., Arlington, Washington, a registered bank holding company, and the Federal Reserve Bank of San Francisco.


Written agreement with Washington Bancorp

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


Written agreement with Hillcrest Bancshares

News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement between Hillcrest Bancshares, Inc., Overland Park, Kansas, a registered bank holding company, and the Federal Reserve Bank of Kansas City.


Agencies Extend Compliance Date for Final Rule to Implement Unlawful Internet Gambling Enforcement Act

News Release: The Department of the Treasury and the Federal Reserve Board on Friday announced the release of a joint final rule to extend the compliance date for their joint regulation implementing certain provisions of the Unlawful Internet Gambling Enforcement Act by six months to June 1, 2010.


Federal Reserve to run public service announcement with credit card tips for holiday shoppers

News Release: The Federal Reserve wants consumers to use their credit cards wisely as they shop for the holidays, and is sponsoring 45-second advertisements in movie theaters with tips to help shoppers avoid unnecessary charges and fees.


Federal Reserve announces revisions to the policies governing directors of Federal Reserve Banks and their Branches

News Release: The Federal Reserve Board on Wednesday announced revisions to the policy governing eligibility, qualifications, and rotation for directors of Federal Reserve Banks and their Branches. The revisions address situations where, as a result of a company changing character, affiliations and stockholdings that were previously permissible may become impermissible for Class B and Class C directors.


Written agreement with The Bank Holdings

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement between The Bank Holdings, Reno, Nevada, a registered holding company, and the Federal Reserve Bank of San Francisco.


Written agreement with Home Valley Bancorp and Home Valley Bank

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Home Valley Bancorp, Inc., a registered bank holding company, Home Valley Bank, a state member bank, both of Grants Pass, Oregon, the Federal Reserve Bank of San Francisco, and the Oregon Department of Consumer and Business Services, Division of Finance and Corporate Securities.


Minutes of Federal Open Market Committee, November 3-4, 2009

News Release: The Federal Reserve Board and the Federal Open Market Committee on Tuesday released the attached minutes of the Committee meeting held on November 3-4, 2009. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the November 3-4, 2009 meeting is also included as an addendum to these minutes.


Written agreement with Flagler Bank

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Flagler Bank, West Palm Beach, Florida, a state chartered member bank, the Federal Reserve Bank of Atlanta, and the State of Florida, Office of Financial Regulation.


Written agreement with Middle Georgia Corporation

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement between Middle Georgia Corporation, Ellaville, Georgia, a registered holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


Written agreement with FMB Bancshares

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among FMB Bancshares, Inc., Lakeland, Georgia, a registered holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


FOMC will release minutes of November 3-4 meeting on November 24, 2009

News Release: In light of the Thanksgiving holiday, the minutes of the November 3-4 meeting of the Federal Open Market Committee will be released at 2 p.m. EST on Tuesday, Nov. 24, one day earlier than previously scheduled. The minutes of each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision.