Stories by Fed Newswire on Federal Newswire


Federal Reserve announces amounts of Term Auction Facility (TAF) credit offered at September auctions will be reduced to $75 billion

News Release: The Federal Reserve on Friday announced that the amounts of Term Auction Facility (TAF) credit offered at each of the two auctions in September will be reduced to $75 billion from $100 billion in August. Specifically, the Federal Reserve will offer $75 billion of 84-day credit on Tuesday, September 8, and $75 billion of 28-day credit on Monday, September 21.


Written agreement with LegacyTexas Group and LegacyTexas Bank

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among LegacyTexas Group, Inc., a registered bank holding company, LegacyTexas Bank, a state chartered member bank, both of Plano, Texas, the Federal Reserve Bank of Dallas, and the Texas Department of Banking.


Federal Reserve Board alerts public to instances of fraudulent solicitations directed at consumers

News Release: The Federal Reserve Board on Wednesday warned consumers about fraudulent solicitations that appear to be made with the approval or involvement of the Federal Reserve, Federal Reserve officials, or other U.S. government officials. These solicitations promise bogus financial services or large sums of money in exchange for either payment or personal information that can then be used to access a consumer's bank account.


Agencies Seek Comment on Proposed Regulatory Capital Standards Related to Adoption of Statements of Financial Accounting Standards No. 166 and 167

News Release: The federal banking and thrift regulatory agencies are seeking comment on a proposed regulatory capital rule related to the Financial Accounting Standards Board's adoption of Statements of Financial Accounting Standards Nos. 166 and 167. Beginning in 2010, these accounting standards will make substantive changes to how banking organizations account for many items, including securitized assets, that are currently excluded from these organizations' balance sheets.


Statement by Chairman Bernanke on his renomination by President Obama

News Release: Statement by Chairman Ben S. Bernanke: Thank you, Mr. President.


Federal Reserve announces results of auction of $100 billion in 28-day credit held on August 24, 2009

News Release: On Aug. 24, 2009, the Federal Reserve conducted an auction of $100 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: $73.404 billion Total propositions accepted: $73.404 billion Bid/cover ...


Written agreement with Virginia Business Bank

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Virginia Business Bank, Richmond, Virginia, a state chartered member bank, the Federal Reserve Bank of Richmond, and the Virginia Bureau of Financial Institutions.


Federal Reserve offers $100 billion in 28-day credit through its Term Auction Facility

News Release: On Aug. 24, 2009, the Federal Reserve will offer $100 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 Coastal Community Investments

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Coastal Community Investments, Inc., Panama City Beach, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.


Federal Reserve announces new schedule of margins applicable for collateral pledged by depository institutions

News Release: The Federal Reserve on Wednesday announced a new schedule of margins applicable for collateral pledged by depository institutions to secure discount window and Term Auction Facility loans and for payment system risk purposes.


Written agreement with Rogers Bancshares

News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Rogers Bancshares, Inc. Little Rock, Arkansas, a registered bank holding company, and the Federal Reserve Bank of St. Louis.


Written agreement with Leawood Bancshares

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


Written agreement with WGNB Corp.

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between WGNB Corp., Carrollton, Georgia, a registered bank holding company, and the Federal Reserve Bank of Atlanta.


Federal Reserve and Treasury Department announce extension to Term Asset-Backed Securities Loan Facility (TALF)

News Release: The Federal Reserve Board and the Treasury Department on Monday announced that they approved an extension to the Term Asset-Backed Securities Loan Facility (TALF) and that, at this time, they do not anticipate any further additions to the types of collateral that are eligible for the facility.


Written agreement with Arizona Bancshares

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Arizona Bancshares, Inc., Flagstaff, Arizona, a registered bank holding company, and the Federal Reserve Bank of San Francisco.


Written agreement with CBS Financial

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among CBS Financial Corporation, Smyrna, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


Written agreement with CIT Group

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


FOMC statement

News Release: Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks. Household spending has continued to show signs of stabilizing but remains constrained by ongoing job losses, ...


Federal Reserve announces results of auction of $100 billion in 84-day credit held on August 10, 2009

News Release: On Aug. 10, 2009, the Federal Reserve conducted an auction of $100 billion in 84-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $42.941 billion Total propositions accepted: $42.941 billion Bid/cover ...


Written agreement with Camco Financial

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Camco Financial Corporation, Cambridge, Ohio, a registered bank holding company, and the Federal Reserve Bank of Cleveland.