By Fed Newswire | Mar 13, 2008
News Release: The Federal Reserve Board on Thursday announced its approval of the proposal by Toronto-Dominion Bank, Toronto, Canada, to form bank holding companies, and to acquire Commerce Bancorp, Inc. (“Commerce”), Cherry Hill, New Jersey, and Commerce’s two subsidiary banks, Commerce Bank/North, Ramsey, New Jersey, ...
By Fed Newswire | Mar 11, 2008
News Release: On March 10, 2008, the Federal Reserve conducted an auction of $50 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 2.800 percent Total propositions submitted: $92.595 billion Total propositions accepted: $50.000 billion Bid/cover ratio: ...
By Fed Newswire | Mar 11, 2008
News Release: Since the coordinated actions taken in December 2007, the G-10 central banks have continued to work together closely and to consult regularly on liquidity pressures in funding markets. Pressures in some of these markets have recently increased again. We all continue to work together and will take appropriate ...
By Fed Newswire | Mar 10, 2008
News Release: On March 10, 2008, the Federal Reserve will offer $50 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 | Mar 7, 2008
News Release: The Federal Reserve on Friday announced two initiatives to address heightened liquidity pressures in term funding markets.
By Fed Newswire | Mar 6, 2008
News Release: Para diseminación inmediata La Ayuda al consumidor de la Reserva Federal , centro de recursos para consumidores enfrentando problemas con un banco u otra institución financiera, actualmente ofrece una versión de su página web en español. Esta nueva herramienta, la cual es parte del esfuerzo continuo ...
By Fed Newswire | Mar 6, 2008
News Release: Federal Reserve Consumer Help , a resource center for consumers experiencing problems with a bank or other financial institution, now offers a Spanish-language version of its website. This new feature, which is part of a continuing effort to better meet the needs of Spanish-speaking consumers, will provide answers to questions and assistance with a wide range of issues relating to financial products and services and consumer protection laws.
By Fed Newswire | Mar 5, 2008
News Release: The Federal Reserve Board on Wednesday announced the issuance of a Consent Order of Assessment of a Civil Money Penalty against Tradition Bank, Bellaire, Texas, a state member bank. Tradition Bank, without admitting to any allegations, consented to the issuance of the Order in connection with its alleged violations of the Board’s Regulations implementing the National Flood Insurance Act.
By Fed Newswire | Mar 5, 2008
News Release: The Federal Reserve Board on Wednesday announced the issuance of a Consent Order of Prohibition against Russell K. Henry, a former employee and institution-affiliated party of the former FNB Southeast.
By Fed Newswire | Mar 3, 2008
News Release: The Federal Reserve Board on Monday encouraged the institutions it supervises to report on their loan modification efforts in a consistent way and to consider using the HOPE NOW alliance’s loan modification reporting standards for their serviced loans.
By Fed Newswire | Feb 29, 2008
News Release: The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in March. It will offer $30 billion in an auction to be held on Monday, March 10 and $30 billion in an auction to be held on Monday, March 24.
By Fed Newswire | Feb 28, 2008
News Release: The Federal Reserve Board on Thursday requested public comment on a proposed change to the daylight overdraft posting rules under its Payments System Risk (PSR) policy to align the posting times for ACH credit and debit transfers in the payments system.
By Fed Newswire | Feb 28, 2008
News Release: The Federal Reserve Board on Thursday requested public comment on proposed changes to its Payments System Risk (PSR) policy that are intended to loosen intraday liquidity constraints and reduce operational risks in financial markets and the payments system. The Board is proposing a new strategy for providing intraday credit to depository institutions and would encourage these institutions to collateralize their daylight overdrafts.
By Fed Newswire | Feb 26, 2008
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from January 21 through Jan. 30, 2008.
By Fed Newswire | Feb 26, 2008
News Release: On Feb. 25, 2008, the Federal Reserve conducted an auction of $30 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 3.080 percent Total propositions submitted: $67.958 billion Total propositions accepted: $30.000 billion Bid/cover ...
By Fed Newswire | Feb 25, 2008
News Release: The Federal Reserve Board on Monday announced its approval of the proposal by Frandsen Financial Corporation, Arden Hills, Minnesota, to acquire First National Bank of Montgomery, Montgomery, Minnesota.
By Fed Newswire | Feb 22, 2008
News Release: On Feb. 25, 2008, the Federal Reserve will offer $30 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 | Feb 20, 2008
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 29-30, 2008, and of conference calls held on January 9 and Jan. 21, 2008. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the January 29-30, 2008, meeting is also included as an addendum to these minutes.
By Fed Newswire | Feb 19, 2008
News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between ANB Bancshares, Inc., Rogers, Arkansas and the Federal Reserve Bank of St. Louis.
By Fed Newswire | Feb 12, 2008
News Release: On Feb. 11, 2008, the Federal Reserve conducted an auction of $30 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 3.010 percent Total propositions submitted: $58.400 billion Total propositions accepted: $30.000 billion Bid/cover ...
