By Fed Newswire | Jun 17, 2021
News Release: The Federal Reserve Board's offices in Washington, D.C., will be closed on Friday, June 18, 2021, in observance of Juneteenth National Independence Day. All previously scheduled announcements will be released today or postponed until Monday, June 21, with more information on the Board's website.
By Fed Newswire | Jun 16, 2021
News Release: The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.
By Fed Newswire | Jun 16, 2021
News Release: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
By Fed Newswire | Jun 16, 2021
News Release: The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines with nine central banks through Dec. 31, 2021. These arrangements were first announced on March 19, 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and ...
By Fed Newswire | Jun 10, 2021
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: SunTrust Bank, Atlanta, Georgia Consent Order, dated Nov. 19, 2019 (PDF) Terminated June 10, 2021 Additional enforcement actions can be searched for here.
By Fed Newswire | Jun 10, 2021
News Release: The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by SVB Financial Group, Santa Clara, California, to merge with Boston Private Financial Holdings, Inc., and thereby indirectly acquire its subsidiary state member bank, Boston Private Bank & Trust Company, both of Boston, Massachusetts.
By Fed Newswire | Jun 7, 2021
News Release: The Federal Reserve Board announced on Monday that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT.
By Fed Newswire | Jun 4, 2021
News Release: The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2022: January 25-26 (Tuesday-Wednesday) March 15-16 (Tuesday-Wednesday) May 3-4 (Tuesday-Wednesday) June 14-15 (Tuesday-Wednesday) July 26-27 (Tuesday-Wednesday) September 20-21 (Tuesday-Wednesday) November 1-2 (Tuesday-Wednesday) December 13-14 (Tuesday-Wednesday) January 31-Feb. 1, 2023 (Tuesday-Wednesday) For media inquiries, call 202-452-2955.
By Fed Newswire | Jun 3, 2021
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent Prohibition against Jennifer Bradford Former employee BBVA USA, Birmingham, Alabama Misappropriation of customer and bank funds Additional enforcement actions can be searched for here.
By Fed Newswire | Jun 2, 2021
News Release: The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December 31st, 2020. The SMCCF proved vital in restoring market functioning last year, supporting the availability of credit for large employers, and bolstering employment through the COVID-19 pandemic.
By Fed Newswire | Jun 2, 2021
News Release: The Federal Reserve Board announced on Tuesday the approval of a final rule amending Regulation D to eliminate references to an interest on required reserves (IORR) rate and to an interest on excess reserves (IOER) rate and replace them with a single interest on reserve balances (IORB) rate. The final ...
By Fed Newswire | Jun 1, 2021
News Release: The Federal Reserve Board on Tuesday invited comment on a proposed rule to govern funds transfers over the Federal Reserve Banks' FedNow℠ Service. The FedNow Service is a new 24x7x365 service that will support instant payments in the United States and is expected to be available in 2023.
By Fed Newswire | May 28, 2021
News Release: The Federal Reserve Board on Friday requested public comment on proposed changes to its Policy on Payment System Risk (PSR policy) that governs the provision of intraday credit, or daylight overdrafts, to healthy depository institutions with accounts at the Federal Reserve Banks.
By Fed Newswire | May 25, 2021
News Release: The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from April 5 through April 28, 2021.
By Fed Newswire | May 25, 2021
News Release: The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Huntington Bancshares Incorporated, Columbus, Ohio, to acquire TCF Financial Corporation, Detroit, Michigan, and thereby indirectly acquire TCF's subsidiary national bank, TCF National Bank, Sioux Falls, South Dakota.
By Fed Newswire | May 24, 2021
News Release: The Federal Reserve Board on Monday announced its approval of the application by Adyen, N.V., Amsterdam, The Netherlands, to establish a federally-licensed branch in San Francisco, California.
By Fed Newswire | May 21, 2021
News Release: Federal bank regulatory agencies today issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year's ratios from June 2020.
By Fed Newswire | May 20, 2021
News Release: The Federal Reserve Board on Thursday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability ...
By Fed Newswire | May 20, 2021
News Release: Accessible Keys for Video [Space Bar] toggles play/pause; [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [M] toggles mute on/off; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off.
By Fed Newswire | May 19, 2021
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 27–28, 2021.
