By Fed Newswire | Sep 19, 2008
News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among First Georgia Community Corp., Jackson, Georgia, First Georgia Community Bank, Jackson, Georgia, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia. A copy of the Written Agreement is attached.
By Fed Newswire | Sep 18, 2008
News Release: Today, the Bank of Canada, the Bank of England, the European Central Bank (ECB), the Federal Reserve, the Bank of Japan, and the Swiss National Bank are announcing coordinated measures designed to address the continued elevated pressures in U.S. dollar short-term funding markets. These measures, together ...
By Fed Newswire | Sep 17, 2008
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and between Hastings Bancorp, Inc., Hastings, Nebraska, a registered bank holding company that owns and controls Hastings State Bank, Hastings, Nebraska, a state chartered nonmember bank, and the Federal Reserve Bank of Kansas City.
By Fed Newswire | Sep 16, 2008
News Release: The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) under section 13(3) of the Federal Reserve Act. The secured loan has terms and conditions designed to protect the interests of the U.S. government and taxpayers.
By Fed Newswire | Sep 16, 2008
News Release: The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.
By Fed Newswire | Sep 15, 2008
News Release: The federal banking agencies are evaluating the amendments to generally accepted accounting principles proposed today by the Financial Accounting Standards Board (FASB).
By Fed Newswire | Sep 15, 2008
News Release: The Federal Reserve Board on Monday requested public comment on an interagency notice of proposed rulemaking (NPR) that would permit a banking organization to reduce the amount of its goodwill deduction from tier 1 capital by any associated deferred tax liability.
By Fed Newswire | Sep 14, 2008
News Release: The Federal Reserve Board on Sunday announced several initiatives to provide additional support to financial markets, including enhancements to its existing liquidity facilities. "In close collaboration with the Treasury and the Securities and Exchange Commission, we have been in ongoing discussions ...
By Fed Newswire | Sep 12, 2008
News Release: The Federal Reserve Board on Friday 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 | Sep 10, 2008
News Release: On September 9, 2008, the Federal Reserve conducted an auction of $25 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 2.530 percent Total propositions submitted: $46.237 billion Total propositions accepted: $25.000 Bid/cover ratio: ...
By Fed Newswire | Sep 10, 2008
News Release: The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Newnan Coweta Bancshares, Inc., a registered bank holding company, Neighborhood Community Bank, a state chartered member bank, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.
By Fed Newswire | Sep 9, 2008
News Release: On September 9, 2008, the Federal Reserve will offer $25 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 | Sep 9, 2008
News Release: On September 8, 2008, the Federal Reserve conducted an auction of $25 billion in 84-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 2.670 percent Total propositions submitted: $31.638 billion Total propositions accepted: $25.000 Bid/cover ratio: ...
By Fed Newswire | Sep 8, 2008
News Release: On September 8, 2008, the Federal Reserve will offer $25 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 | Sep 8, 2008
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 Sixth District.
By Fed Newswire | Sep 7, 2008
News Release: Statement by Federal Reserve Board Chairman Ben S. Bernanke: "I strongly endorse both the decision by FHFA Director Lockhart to place Fannie Mae and Freddie Mac into conservatorship and the actions taken by Treasury Secretary Paulson to ensure the financial soundness of those two companies. These necessary ...
By Fed Newswire | Sep 7, 2008
News Release: The federal banking agencies have been assessing the exposures of banks and thrifts to Fannie Mae and Freddie Mac. The agencies believe that, while many institutions hold common or preferred shares of these two government-sponsored enterprises, a limited number of smaller institutions have holdings that are significant compared to their capital.
By Fed Newswire | Sep 5, 2008
News Release: The Federal Reserve Board on Friday issued a joint supervisory and consumer affairs letter that encourages banking organizations to work with borrowers and customers in communities affected by Hurricane Gustav or any subsequent storms.
By Fed Newswire | Sep 4, 2008
News Release: The Federal Reserve Board on Thursday announced the issuance of a Consent Order of Prohibition against Roslyn Y. Terry, a former employee and institution-affiliated party of SunTrust Bank, Atlanta, Georgia. Ms. Terry, without admitting to any allegations, consented to the issuance of the Order, which ...
By Fed Newswire | Sep 2, 2008
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from July 7 through August 4, 2008.
