Stories by Fed Newswire on Federal Newswire


Federal Reserve, Bank of England, European Central Bank, Bank of Japan, and Swiss National Bank announce swap arrangements

News Release: The Federal Reserve, the Bank of England, the European Central Bank, the Bank of Japan, and the Swiss National Bank announce swap arrangements The Bank of England, the European Central Bank (ECB), the Federal Reserve, the Bank of Japan, and the Swiss National Bank are announcing swap arrangements that ...


Written Agreement with Community Bankshares and Community Banks of Colorado

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Community Bankshares, Inc., a registered bank holding company, Community Banks of Colorado, a state chartered member bank, both of Greenwood Village, Colorado, the Federal Reserve Bank of Kansas City, Kansas, Missouri, and the Colorado Division of Banking, Denver, Colorado.


Written Agreement with United Security Bancshares

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among United Security Bancshares, Inc., Woodstock, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


Termination of enforcement action against WestLB AG and the New York branch of WestLB AG

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below. Terminations of enforcement actions are listed on the Federal Reserve's public website, http://www.federalreserve.gov/boarddocs/enforcement, as they occur.


Written Agreement with Blossman Bancshares

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Blossman Bancshares, Inc., Lacombe, Louisiana, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Louisiana.


Board requests public comment on proposed changes to the methodology for calculating the private sector adjustment factor

News Release: The Federal Reserve Board on Tuesday requested public comment on proposed changes to the methodology for calculating the imputed costs, collectively known as the private sector adjustment factor (PSAF), that are considered when setting fees and measuring cost recovery for certain payment services provided to depository institutions (DIs). The comment period ends on May 29, 2009.


Prompt corrective action directive against Heritage Bank

News Release: The Federal Reserve Board on Tuesday announced the issuance of a consent Prompt Corrective Action Directive against Heritage Bank, Topeka, Kansas, a state chartered member bank.


Written agreement with BankEast Corporation

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among BankEast Corporation, a registered bank holding company, BankEast, a state chartered member bank, both of Knoxville, Tennessee, and the Federal Reserve Bank of Atlanta.


Written agreement with First State Bank of Red Bud

News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among First State Bank of Red Bud, Red Bud, Illinois, a state member bank, the Federal Reserve Bank of St. Louis, and the Illinois Department of Financial and Professional Regulation, Division of Banking, Springfield, Illinois.


Termination of enforcement action against Eagle National Holding Company

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below. Terminations of enforcement actions are listed on the Federal Reserve's public website, http://www.federalreserve.gov/boarddocs/enforcement/, as they occur.


Federal Reserve announces results of auction of $150 billion in 84-day credit held on March 23, 2009

News Release: On March 23, 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: $101.642 billion Total propositions accepted: $101.642 billion Bid/cover ...


Written agreement with Premier Bancshares

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


Written agreement with BancMidwest Corporation

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between BancMidwest Corporation, Saint Paul, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.


Written agreement with Spring Grove Investments

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Spring Grove Investments, Inc., Spring Grove, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.


Written agreement with Pine City Bancorporation

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


The Role of the Federal Reserve in Preserving Financial and Monetary Stability Joint Statement by the Department of the Treasury and the Federal Reserve

News Release: Introduction Sound economic performance requires both financial stability and monetary stability. As the nation's central bank, the Federal Reserve has critical responsibilities in both areas.


Federal Reserve offers $150 billion in 84-day credit through its Term Auction Facility

News Release: On March 23, 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).


Order of prohibition and order of assessment of civil money penalty against G. Craig Chupik

News Release: The Federal Reserve Board on Monday announced the issuance of a Consent Order of Prohibition and Order of Assessment of Civil Money Penalty in the amount of $20,000 against G. Craig Chupik, a former vice president, loan officer, and institution-affiliated party of PlainsCapital Bank, Dallas, Texas.


Written agreement with Columbia Commercial Bancorp

News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and between Columbia Commercial Bancorp, Hillsboro, Oregon, a registered bank holding company, the Federal Reserve Bank of San Francisco, and the Oregon Department of Consumer and Business Services, Division of Finance and Securities.


Publication date for annual revision to Industrial Production and Capacity Utilization statistical release, G.17

News Release: The Federal Reserve Board announced Friday that it will publish the annual revision to the G.17 statistical release, Industrial Production and Capacity Utilization, on Friday, March 27 at 2 p.m. EDT.