By Fed Newswire | Nov 6, 2008
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Currie Bancorporation, Inc., Currie, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.
By Fed Newswire | Nov 6, 2008
News Release: The Federal Reserve Board on Thursday announced the issuance of a consent Cease and Desist Order against CapitalSouth Bancorp, Birmingham, Alabama, a registered bank holding company, and CapitalSouth Bank, Birmingham, Alabama, a state-chartered member bank.
By Fed Newswire | Nov 5, 2008
News Release: The Federal Reserve Board on Wednesday announced the approval of an application by Banco Espírito Santo de Investimento, S.A., Lisbon, Portugal, to establish a branch in New York, New York.
By Fed Newswire | Nov 5, 2008
News Release: The Federal Reserve Board on Wednesday announced that it will alter the formulas used to determine the interest rates paid to depository institutions on required reserve balances and excess reserve balances.
By Fed Newswire | Nov 4, 2008
News Release: The Federal Reserve Board on Tuesday alerted the public to instances of questionable solicitations directed at consumers. These solicitations promise consumers access to personal loans through a nonexistent Federal Reserve lending program.
By Fed Newswire | Nov 4, 2008
News Release: On Nov. 3, 2008, 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: 0.600 percent Total propositions submitted: $138.939 billion Total propositions accepted: $138.939 billion Bid/cover ...
By Fed Newswire | Nov 3, 2008
News Release: On Nov. 3, 2008, 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 | Nov 3, 2008
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Riverside Gulf Coast Banking Company, Riverside Bank of the Gulf Coast, both of Cape Coral, Florida, the Federal Reserve Bank of Atlanta, and the State of Florida Office of Financial Regulation.
By Fed Newswire | Oct 31, 2008
News Release: The Federal Reserve Board on Friday approved an action by the Board of Directors of the Federal Reserve Bank of Atlanta, decreasing the discount rate at the Bank from 1-3/4 percent to 1-1/4 percent, effective immediately.
By Fed Newswire | Oct 31, 2008
News Release: The federal banking and thrift regulatory agencies announced today they are extending the applicability of their Oct. 24, 2008 Interagency Statement on direct investments to certain indirect investments in Fannie Mae and Freddie Mac preferred stock.
By Fed Newswire | Oct 30, 2008
News Release: The Federal Reserve Board on Thursday announced the approval of fee schedules for payment services the Federal Reserve Banks provide to depository institutions (priced services), effective Jan. 2, 2009.
By Fed Newswire | Oct 30, 2008
News Release: The Federal Reserve Board on Thursday approved actions by the Boards of Directors of the Federal Reserve Banks of Philadelphia, Richmond, Minneapolis, and Dallas, decreasing the discount rate at the Banks from 1-3/4 percent to 1-1/4 percent, effective immediately.
By Fed Newswire | Oct 30, 2008
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between State Holding Company, Thermopolis, Wyoming, a registered bank holding company, and the Federal Reserve Bank of Kansas City.
By Fed Newswire | Oct 29, 2008
News Release: The Federal Reserve Board on Wednesday approved actions by the Boards of Directors of the Federal Reserve Banks of Chicago and Kansas City, decreasing the discount rate at the Banks from 1-3/4 percent to 1-1/4 percent, effective immediately.
By Fed Newswire | Oct 29, 2008
News Release: Today, the Federal Reserve, the Banco Central do Brasil, the Banco de Mexico, the Bank of Korea, and the Monetary Authority of Singapore are announcing the establishment of temporary reciprocal currency arrangements (swap lines). These facilities, like those already established with other central banks, ...
By Fed Newswire | Oct 29, 2008
News Release: The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent.
By Fed Newswire | Oct 28, 2008
News Release: Today, the Federal Reserve and the Reserve Bank of New Zealand are announcing the establishment of a temporary reciprocal currency arrangement (swap line) to address ongoing, elevated pressures in U.S. dollar short-term funding markets. This facility, like those already established with other central banks, is designed to help improve liquidity conditions in global financial markets.
By Fed Newswire | Oct 28, 2008
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Remo DuQuoin LLC, Privee LLC, Republic Federal Bancorp, Inc., registered bank holding companies, Miami, Florida, and the Federal Reserve Bank of Atlanta.
By Fed Newswire | Oct 24, 2008
News Release: The factors that gave rise to high-poverty neighborhoods, and the challenges these communities face, are the focus of a Systemwide Federal Reserve research effort that examines the diverse landscape of concentrated poverty in America.
By Fed Newswire | Oct 22, 2008
News Release: The Federal Reserve Board on Wednesday approved the application by Corpbanca, Santiago, Chile, to establish a branch in New York, New York.
