By Fed Newswire | Jan 16, 2009
News Release: The Federal Reserve Board has approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve's check processing operations in the Fifth and Sixth Districts.
By Fed Newswire | Jan 16, 2009
News Release: The U.S. government entered into an agreement today with Bank of America to provide a package of guarantees, liquidity access, and capital as part of its commitment to support financial market stability.
By Fed Newswire | Jan 15, 2009
News Release: The Federal Reserve Board on Thursday announced its approval of the proposal under section 3 of the Bank Holding Company Act by Protective Life Corporation, Birmingham, Alabama, to become a bank holding company by acquiring Bonifay Holding Company, Inc. and its subsidiary bank, The Bank of Bonifay, both of Bonifay, Florida.
By Fed Newswire | Jan 14, 2009
News Release: The Federal Reserve Board on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act by Allianz SE, Munich, Germany, to retain its interest in The Hartford Financial Services Group, Inc., Hartford, Connecticut, and thereby acquire an indirect interest in Federal Trust Bank, Sanford, Florida, a federal savings association.
By Fed Newswire | Jan 13, 2009
News Release: The Federal Reserve Board on Tuesday announced the approval of an application by DekaBank Deutsche Girozentrale, Frankfurt am Main, Germany, to establish a representative office in New York, New York.
By Fed Newswire | Jan 13, 2009
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on December 15 and 16, 2008.
By Fed Newswire | Jan 13, 2009
News Release: On Jan. 12, 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: $107.747 billion Total propositions accepted: $107.747 billion Bid/cover ...
By Fed Newswire | Jan 12, 2009
News Release: Randall S. Kroszner submitted his resignation Monday as a member of the Board of Governors of the Federal Reserve System, effective Jan. 21, 2009.
By Fed Newswire | Jan 12, 2009
News Release: On Jan. 12, 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 | Jan 9, 2009
News Release: The Federal Reserve Board on Friday announced preliminary results that indicate the Reserve Banks recorded payments and provisions for the transfer of approximately $34.9 billion of their estimated 2008 net income of $38.8 billion to the U.S. Treasury, which is comparable to the 2007 results. Under the ...
By Fed Newswire | Jan 7, 2009
News Release: The Federal Reserve Board named ten new members to its Consumer Advisory Council for three-year terms and designated a new Chair and Vice Chair of the Council for 2009.
By Fed Newswire | Jan 7, 2009
News Release: The Federal Reserve Board on Wednesday announced two changes to the Money Market Investor Funding Facility (MMIFF).
By Fed Newswire | Jan 6, 2009
News Release: The Federal Reserve Board and the Federal Open Market Committee on Tuesday released the attached minutes of the Committee meeting held on December 15-16, 2008.
By Fed Newswire | Jan 6, 2009
News Release: The federal financial institution regulatory agencies today announced the publication of new and revised Interagency Questions and Answers Regarding Community Reinvestment that, among other things, encourage financial institutions to take steps to help prevent home mortgage foreclosures.
By Fed Newswire | Dec 31, 2008
News Release: The Federal Reserve Board on Wednesday announced the names of six new members of its Thrift Institutions Advisory Council (TIAC) and designated a new President and Vice President of the council for 2009.
By Fed Newswire | Dec 30, 2008
News Release: The Federal Reserve on Tuesday announced that it expects to begin operations in early January under the previously announced program to purchase mortgage-backed securities (MBS) and that it has selected private investment managers to act as its agents in implementing the program.
By Fed Newswire | Dec 30, 2008
News Release: On Dec. 29, 2008, the Federal Reserve conducted an auction of $150 billion in 83-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.200 percent Total propositions submitted: $102.979 billion Total propositions accepted: $102.979 billion Bid/cover ...
By Fed Newswire | Dec 29, 2008
News Release: On Dec. 29, 2008, the Federal Reserve will offer $150 billion in 83-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 | Dec 24, 2008
News Release: The Federal Reserve Board on Wednesday announced its approval of the application and notices under sections 3 and 4 of the Bank Holding Company Act by GMAC LLC and IB Finance Holding Company, LLC, both of Detroit, Michigan, to become bank holding companies on conversion of GMAC Bank, a Utah industrial loan company, to a commercial bank and to retain certain nonbanking subsidiaries.
By Fed Newswire | Dec 23, 2008
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Ocean Bankshares, Inc., Miami, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.
