By Fed Newswire | Jul 24, 2009
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 August will be reduced to $100 billion from $125 billion in July. Specifically, the Federal Reserve will offer $100 billion of 84-day credit on Monday, August 10 and $100 ...
By Fed Newswire | Jul 23, 2009
News Release: The Federal Reserve Board on Thursday announced the issuance of a consent Prompt Corrective Action Directive against Bank of Elmwood, Racine, Wisconsin, a state chartered member bank.
By Fed Newswire | Jul 23, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Crescent Banking Company, Jasper, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | Jul 23, 2009
News Release: The Federal Reserve Board on Thursday proposed significant changes to Regulation Z (Truth in Lending) intended to improve the disclosures consumers receive in connection with closed-end mortgages and home-equity lines of credit (HELOCs). These changes, offered for public comment, reflect the result of ...
By Fed Newswire | Jul 22, 2009
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among First Flo Corporation, Florence, Colorado, a registered bank holding company, and the Federal Reserve Bank of Kansas City.
By Fed Newswire | Jul 21, 2009
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from May 18 through June 22, 2009.
By Fed Newswire | Jul 21, 2009
News Release: The federal bank, thrift, credit union, and Farm Credit System regulatory agencies today released revised interagency questions and answers regarding flood insurance and requested public comment on several new ones. The Interagency Questions and Answers Regarding Flood Insurance (2009) supersedes the ...
By Fed Newswire | Jul 20, 2009
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among PAB Bankshares, Inc., a registered bank holding company, The Park Avenue Bank, a state chartered member bank, both of Valdosta, Georgia, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | Jul 20, 2009
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among North Georgia Bancorp, Inc. Watkinsville, Georgia, a registered bank holding company, and the Federal Reserve Bank of Atlanta.
By Fed Newswire | Jul 15, 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 June 23-24, 2009 and of the conference call held on June 3, 2009. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the June 23-24, 2009 meeting is also included as an addendum to these minutes.
By Fed Newswire | Jul 15, 2009
News Release: The Federal Reserve Board on Wednesday approved an interim final rule amending Regulation Z (Truth in Lending) to require creditors to increase the amount of notice consumers receive before the rate on a credit card account is increased or a significant change is made to the account's terms. The amendments also allow consumers to reject such increases and changes by informing the creditor before the increase or change goes into effect.
By Fed Newswire | Jul 14, 2009
News Release: On July 13, 2009, the Federal Reserve conducted an auction of $125 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: $47.768 billion Total propositions accepted: $47.768 billion Bid/cover ratio: 0.38 Number of bidders: 87 The awarded loans will settle on July 16, 2009, and will mature on October 8, 2009. The stop-out rate shown above will apply to all awarded loans.
By Fed Newswire | Jul 14, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Profinium Financial Holdings, Inc., Fairmont, Minnesota, Profinium Financial, Inc., Truman, Minnesota, registered bank holding companies, and the Federal Reserve Bank of Minneapolis.
By Fed Newswire | Jul 14, 2009
News Release: The Federal Reserve Board has approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve Banks' check-processing operations.
By Fed Newswire | Jul 13, 2009
News Release: On July 13, 2009, the Federal Reserve will offer $125 billion in 84-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).
By Fed Newswire | Jul 9, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among First State Bancorporation, Albuquerque, New Mexico, a registered bank holding company, First Community Bank, Taos, New Mexico, a state chartered member bank, the Federal Reserve Bank of Kansas City, and the New Mexico Regulation and Licensing Department, Financial Institutions Division.
By Fed Newswire | Jul 7, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Frontier Financial Corporation, Everett, Washington, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Jul 7, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Bankers' Bancorp, Inc., a registered bank holding company, Independent Bankers' Bank, a state chartered member bank, both of Springfield, Illinois, the Federal Reserve Bank of Chicago, and the Illinois Department of Financial and Professional Regulation, Division of Banking.
By Fed Newswire | Jul 6, 2009
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Amboy Bancorporation, a registered bank holding company, Amboy Bank, a state chartered member bank, both of Old Bridge, New Jersey, the Federal Reserve Bank of New York, and the New Jersey Department of Banking and Insurance.
By Fed Newswire | Jul 2, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between First DuPage Bancorp, Inc., Westmont, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.
