Stories by Fed Newswire on Federal Newswire


Written agreements with Ogden Bancshares, Ames Community Bank, and VisionBank

News Release: The Federal Reserve Board on Tuesday announced the execution of the following Written Agreements: Written Agreement by and between Ogden BancShares, Inc., Boone, Iowa, a registered bank holding company, and the Federal Reserve Bank of Chicago; Written Agreement by and among Ames Community Bank, Ames, ...


Federal Reserve issues proposed guidance on incentive compensation

News Release: The Federal Reserve Board on Thursday issued a proposal designed to ensure that the incentive compensation policies of banking organizations do not undermine the safety and soundness of their organizations.


Federal Reserve announces new director of Banking Supervision and Regulation Division

News Release: The Federal Reserve Board on Tuesday announced the appointment of Patrick M. Parkinson as director of the Division of Banking Supervision and Regulation, effective immediately.


Minutes of Board discount rate meetings, September 8 through September  21, 2009

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on September 8 and 21, 2009.


Federal Reserve announces results of auction of $75 billion in 28-day credit held on October 19, 2009

News Release: On Oct. 19, 2009, the Federal Reserve conducted an auction of $75 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $39.566 billion Total propositions accepted: $39.566 billion Bid/cover ...


Federal Reserve offers $75 billion in 28-day credit through its Term Auction Facility

News Release: Oct. 19, 2009, the Federal Reserve will offer $75 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 Facility (www.federalreserve.gov/monetarypolicy/taf.htm).


Written agreement with American Eagle Financial Corporation

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement between American Eagle Financial Corporation, Otsego, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minnesota.


Minutes of Federal Open Market Committee, September 22-23, 2009

News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 22-23, 2009.


Written agreement with BOI Financial

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among BOI Financial Corporation, a registered bank holding company, Bank of Illinois, a state chartered member bank, both of Normal, Illinois, and the Federal Reserve Bank of Chicago.


Written agreement with CBR Holdings

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between CBR Holdings, Inc., Chicago, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.


Annual adjustments for reserve calculations and deposit reporting, Regulation D

News Release: The Federal Reserve Board on Friday announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2010. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and the reduced reporting limit that will be used to determine deposit reporting panels effective 2010.


Restructuring of check processing operations in the Fourth, Eleventh, and Twelfth districts, Regulation CC

News Release: The Federal Reserve Board on Thursday approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve Banks' check-processing operations, and provided notice relating to future changes to the regulation.


Federal Reserve announces results of auction of $50 billion in 70-day credit held on October 5, 2009

News Release: On October 5, 2009, the Federal Reserve conducted an auction of $50 billion in 70-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $24.830 billion Total propositions accepted: $24.830 billion Bid/cover ratio: ...


Written agreement with Eurobancshares

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Eurobancshares, Inc., San Juan, Puerto Rico, a registered bank holding company, and the Federal Reserve Bank of New York.


Order of assessment of civil money penalty against Wellington State Bank

News Release: The Federal Reserve Board on Tuesday announced the issuance of a consent Order of Assessment of a Civil Money Penalty against Wellington State Bank, Wellington, Texas, a state member bank. Wellington State 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.


Federal Reserve announces changes to procedures for evaluating asset-backed securities pledged to the Term Asset-Backed Securities Loan Facility (TALF)

News Release: The Federal Reserve Board on Monday announced two changes to the procedures for evaluating asset-backed securities (ABS) pledged to the Term Asset-Backed Securities Loan Facility (TALF). The TALF, which was authorized by the Board on Nov. 24, 2008, helps market participants meet the credit needs of households and businesses by lending to investors in highly rated ABS and commercial mortgage-backed securities (CMBS).


Federal Reserve offers $50 billion in 70-day credit through its Term Auction Facility

News Release: October 5, 2009, the Federal Reserve will offer $50 billion in 70-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).


Prompt corrective action directive against San Joaquin Bank

News Release: The Federal Reserve Board on Monday announced the issuance of a consent Prompt Corrective Action Directive against San Joaquin Bank, Bakersfield, California, a state chartered member bank. A copy of the Directive is attached.


Board's Consumer Advisory Council will meet on October 22

News Release: The Federal Reserve Board announced Monday that the Consumer Advisory Council will hold its next meeting on Thursday, October 22. The meeting will take place in Dining Room E, Terrace Level, in the Board’s Martin Building. The session will begin at 9 a.m. and is open to the public. For security purposes, ...


Approval of proposal by Banque Transatlantique to establish a representative office

News Release: The Federal Reserve Board on Thursday announced its approval of the proposal by Banque Transatlantique, Paris, France, to establish a representative office in New York, New York.