By Fed Newswire | Feb 12, 2008
News Release: The Federal Reserve Board on Tuesday approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve's check processing operations in the Tenth and Eleventh Districts.
By Fed Newswire | Feb 8, 2008
News Release: On Feb. 11, 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 7, 2008
News Release: The Federal Reserve Board on Thursday requested public comment on proposed changes to Regulation D (Reserve Requirements of Depository Institutions) and Regulation I (Issue and Cancellation of Federal Reserve Bank Stock) to incorporate provisions of the Financial Services Regulatory Relief Act of 2006. ...
By Fed Newswire | Feb 6, 2008
News Release: The Federal Reserve Board announced Wednesday that the Consumer Advisory Council will hold its next meeting on Thursday, March 6. The meeting will take place in Dining Room E, Terrace Level, in the Board’s Martin Building. The session will begin at 9:00 a.m. and is open to the public. Anyone planning ...
By Fed Newswire | Feb 5, 2008
News Release: The Federal Reserve Board on Tuesday announced its approval of the proposal by Royal Bank of Canada, Montreal, Canada, and its subsidiary bank holding companies to acquire Alabama National BanCorporation, Birmingham, Alabama, and its subsidiary banks.
By Fed Newswire | Feb 4, 2008
News Release: The Federal Reserve Board on Monday announced its approval of the application filed by First National Bank Group, Inc., Edinburg, to acquire up to 9.9 percent of the voting shares and control of Southside Bancshares, Incorporated, Tyler, both in Texas.
By Fed Newswire | Feb 4, 2008
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Salin Bank and Trust Company, Indianapolis, Indiana, the Federal Reserve Bank of Chicago, and the Indiana Department of Financial Institutions.
By Fed Newswire | Feb 1, 2008
News Release: The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in February. It will offer $30 billion in an auction to be held on Monday, February 11 and $30 billion in an auction to be held on Monday, February 25.
By Fed Newswire | Jan 31, 2008
News Release: The Federal Reserve Board on Thursday approved actions by the Boards of Directors of the Federal Reserve Banks of Richmond, Minneapolis, and Dallas, decreasing the discount rate at the Banks from 4 percent to 3-1/2 percent, effective immediately.
By Fed Newswire | Jan 30, 2008
News Release: The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.
By Fed Newswire | Jan 29, 2008
News Release: On Jan. 28, 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: 3.123 percent Total propositions submitted: $37.452 billion Total propositions accepted: $30.000 billion Bid/cover ...
By Fed Newswire | Jan 28, 2008
News Release: The Federal Reserve Board on Monday 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 | Jan 25, 2008
News Release: The Federal Reserve Board on Friday announced its approval of the application by The PNC Financial Services Group, Inc., Pittsburgh, to merge with Sterling Financial Corporation, Lancaster, both of Pennsylvania, and the application by PNC Bank Delaware, Wilmington, to merge with Delaware Sterling Bank & Trust Company, Christiana, both of Delaware.
By Fed Newswire | Jan 25, 2008
News Release: The Federal Reserve Board on Friday approved the application by State Bank of India, Mumbai, India, to establish a branch in Jackson Heights, New York.
By Fed Newswire | Jan 25, 2008
News Release: On Jan. 28, 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 | Jan 24, 2008
News Release: The Federal Reserve Board on Thursday approved actions by the Boards of Directors of the Federal Reserve Banks of Atlanta and Kansas City, decreasing the discount rate at the Banks from 4-3/4 percent to 4 percent, effective immediately.
By Fed Newswire | Jan 24, 2008
News Release: The Federal Reserve Board on Thursday announced the issuance of a Consent Order of Prohibition against Aldo N. Morales, former vice president, loan officer, and institution-affiliated party of Coconut Grove Bank, Miami, Florida. Mr. Morales, without admitting to any allegations, consented to the issuance ...
By Fed Newswire | Jan 24, 2008
News Release: The Federal Reserve Board on Thursday announced the issuance of consent Order of Assessment of a Civil Money Penalty against Traders Bank, Spencer, West Virginia, a state member bank. Traders 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 | Jan 22, 2008
News Release: The Federal Reserve Board on Tuesday approved actions by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Dallas, and San Francisco, decreasing the discount rate at the Banks from 4-3/4 percent to 4 percent, effective immediately.
By Fed Newswire | Jan 22, 2008
News Release: The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3-1/2 percent.
