By Fed Newswire | Jul 2, 2009
News Release: The California State Controller's Office has announced that it may issue registered warrants, or IOUs, for some payments as early as today. These registered warrants would not be payable immediately, but rather on a future date. These warrants will be identified with the word "REGISTERED" on the front.
By Fed Newswire | Jul 2, 2009
News Release: The federal financial regulatory agencies and the Federal Trade Commission yesterday published final rules and guidelines to promote the accuracy and integrity of information furnished to credit bureaus and other consumer reporting agencies, and widely used to determine consumers' eligibility for credit, employment, insurance, and rental housing.
By Fed Newswire | Jun 30, 2009
News Release: On June 29, 2009, the Federal Reserve conducted an auction of $150 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: $86.337 billion Total propositions accepted: $86.337 billion Bid/cover ratio: 0.58 Number of bidders: 106 The awarded loans will settle on July 2, 2009, and will mature on July 30, 2009. The stop-out rate shown above will apply to all awarded loans.
By Fed Newswire | Jun 30, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between AMCORE Financial, Inc., Rockford, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.
By Fed Newswire | Jun 30, 2009
News Release: The federal bank, thrift, and credit union regulatory agencies are seeking comment on the proposed Interagency Guidance on Funding and Liquidity Risk Management.
By Fed Newswire | Jun 29, 2009
News Release: On June 29, 2009, the Federal Reserve will offer $150 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).
By Fed Newswire | Jun 29, 2009
News Release: The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that the banking agencies will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios update data released on June 26, 2008.
By Fed Newswire | Jun 26, 2009
News Release: The Federal Reserve Board on Friday announced its approval of the proposal by Morgan Stanley to retain up to 9.9 percent of the voting shares of Herald National Bank, both of New York, New York.
By Fed Newswire | Jun 26, 2009
News Release: The Federal Reserve Board on Friday announced its approval of the proposal by Morgan Stanley, New York, New York, to acquire up to 9.9 percent of the voting shares of Chinatrust Financial Holding Company, Ltd., Taipei, Taiwan, and thereby increase its indirect interest in Chinatrust Bank (U.S.A.), Torrance, California.
By Fed Newswire | Jun 26, 2009
News Release: The federal bank and thrift regulatory agencies today invited public comment on an interim final rule that provides that mortgage loans modified under the U.S. Department of the Treasury's Making Home Affordable Program (MHAP) will retain the risk weight applicable before modification.
By Fed Newswire | Jun 25, 2009
News Release: The Federal Reserve on Thursday announced extensions of and modifications to a number of its liquidity programs. Conditions in financial markets have improved in recent months, but market functioning in many areas remains impaired and seems likely to be strained for some time. As a consequence, to promote ...
By Fed Newswire | Jun 25, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between IT & S of Iowa, Inc., Oskaloosa, Iowa, a registered bank holding company, and the Federal Reserve Bank of Chicago.
By Fed Newswire | Jun 24, 2009
News Release: Information received since the Federal Open Market Committee met in April suggests that the pace of economic contraction is slowing. Conditions in financial markets have generally improved in recent months. Household spending has shown further signs of stabilizing but remains constrained by ongoing job ...
By Fed Newswire | Jun 24, 2009
News Release: The Federal Reserve Board on Wednesday announced the issuance of a Prompt Corrective Action Directive against BankFirst, Sioux Falls, South Dakota, a state chartered member bank.
By Fed Newswire | Jun 24, 2009
News Release: The federal bank and thrift regulatory agencies today proposed revisions to regulations implementing the Community Reinvestment Act (CRA) to require the agencies to consider low-cost education loans provided to low-income borrowers when assessing a financial institution's record of meeting community credit needs.
By Fed Newswire | Jun 23, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among CCB Financial Corporation, Jonesboro, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | Jun 23, 2009
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below. Terminations of enforcement actions are listed on the Federal Reserve's public website, www.federalreserve.gov/boarddocs/enforcement, as they occur.
By Fed Newswire | Jun 22, 2009
News Release: The Federal Reserve Board announced on Monday that it is seeking nominations for appointments to its Consumer Advisory Council.
By Fed Newswire | Jun 22, 2009
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among 1st Financial Bank, Overland Park, Kansas, a state chartered member bank, the Federal Reserve Bank of Kansas City, and the Kansas Office of the State Banking Commissioner.
By Fed Newswire | Jun 18, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between First National Bancshares, Inc., Spartanburg, South Carolina, a registered bank holding company, and the Federal Reserve Bank of Richmond.
