By Fed Newswire | Jun 1, 2009
News Release: The Federal Reserve Board on Monday outlined the criteria it will use to evaluate applications to redeem U.S. Treasury capital from the 19 bank holding companies (BHC) that participated in the Supervisory Capital Assessment Program (SCAP).
By Fed Newswire | Jun 1, 2009
News Release: The Federal financial institution regulatory agencies are together issuing for public comment proposed rules requiring mortgage loan originators who are employees of agency-regulated institutions to meet the registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act).
By Fed Newswire | May 29, 2009
News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement by and between W Holding Company, Inc., Mayaguez, Puerto Rico, a registered bank holding company, and the Federal Reserve Bank of New York.
By Fed Newswire | May 29, 2009
News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement by and between Affinity Bank Holding, Inc., Ventura, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | May 28, 2009
News Release: The Federal Reserve Board on Thursday announced the issuance of a consent Prompt Corrective Action Directive against Neighborhood Community Bank, Newnan, Georgia, a state chartered member bank.
By Fed Newswire | May 27, 2009
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between Community Bancorp, a registered bank holding company, Community Bank of Nevada, a state charted member bank, both of Las Vegas, Nevada, the Federal Reserve Bank of San Francisco and the Nevada Financial Institutions Division.
By Fed Newswire | May 27, 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 | May 26, 2009
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on April 6 and 27, 2009.
By Fed Newswire | May 21, 2009
News Release: The Federal Reserve Board on Thursday announced the issuance of a consent Prompt Corrective Action Directive against Community Bank of West Georgia, Villa Rica, Georgia, a state chartered member bank.
By Fed Newswire | May 20, 2009
News Release: The Federal Reserve Board on Wednesday announced the approval of final amendments to Regulation D (Reserve Requirements of Depository Institutions) to liberalize the types of transfers consumers can make from savings deposits and to make it easier for community banks that use correspondent banks to receive interest on excess balances held at Federal Reserve Banks.
By Fed Newswire | May 20, 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 April 28-29, 2009. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the April 28-29, 2009 meeting is also included as an addendum to these minutes.
By Fed Newswire | May 20, 2009
News Release: The Federal Reserve Board and the New York State Banking Department on Wednesday announced the execution of a Written Agreement by and among Philippine National Bank, Pasay City, Philippines; the bank’s branch in New York, New York; the Federal Reserve Bank of San Francisco; the Federal Reserve Bank of New York; and the New York State Banking Department.
By Fed Newswire | May 19, 2009
News Release: The Federal Reserve Board on Tuesday announced that, starting in July, certain high-quality commercial mortgage-backed securities issued before Jan. 1, 2009 (legacy CMBS) will become eligible collateral under the Term Asset-Backed Securities Loan Facility (TALF).
By Fed Newswire | May 19, 2009
News Release: On May 18, 2009, the Federal Reserve conducted an auction of $150 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: $55.570 billion Total propositions accepted: $55.570 billion Bid/cover ratio: 0.37 Number of bidders: 96 The awarded loans will settle on May 21, 2009, and will mature on Aug. 13, 2009. The stop-out rate shown above will apply to all awarded loans.
By Fed Newswire | May 19, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Barnes Bancorporation, a registered bank holding company, and Barnes Banking Company, a state chartered member bank, both of Kaysville, Utah, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | May 18, 2009
News Release: On May 18, 2009, the Federal Reserve will offer $150 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 | May 14, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between First Mutual Bancorp of Illinois, Inc., Harvey, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.
By Fed Newswire | May 13, 2009
News Release: The Federal Reserve Board on Wednesday announced the termination of the enforcement action listed below.Terminations of enforcement actions are listed on the Federal Reserve’s public web site, http://www.federalreserve.gov/boarddocs/enforcement, as they occur.
By Fed Newswire | May 12, 2009
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Security Bank Corporation and Security Interim Holding Corporation, each of Macon, Georgia, registered bank holding companies, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | May 8, 2009
News Release: The Federal Reserve Board on Friday announced its approval of the applications by (i) Allied Irish Banks, p.l.c., Dublin, Ireland, and M&T Bank Corporation and First Empire State Holding Company, both of Buffalo, New York, to acquire Provident Bankshares Corporation and its subsidiary bank, Provident ...
