By Fed Newswire | Dec 18, 2020
News Release: Christopher J. Waller took the oath of office on Friday as a member of the Board of Governors of the Federal Reserve System. The oath was administered remotely via videoconference by Chair Jerome H. Powell. Dr. Waller took the oath at his residence in St. Louis in the company of family and friends.
By Fed Newswire | Dec 18, 2020
News Release: The Federal Reserve Board announced on Friday it has voted to affirm the Countercyclical Capital Buffer (CCyB) at the current level of 0 percent. In making this determination, the Board followed the framework detailed in the Board's policy statement for setting the CCyB for private-sector credit exposures located in the United States.
By Fed Newswire | Dec 18, 2020
News Release: The Federal Reserve Board on Friday released a second round of bank stress test results this year, which showed that large banks had strong capital levels under two separate hypothetical recessions.
By Fed Newswire | Dec 18, 2020
News Release: Federal financial regulatory agencies today announced a proposal that would require supervised banking organizations to promptly notify their primary federal regulator in the event of a computer security incident. In particular, alerts would be required for incidents that could result in a banking organization's ...
By Fed Newswire | Dec 17, 2020
News Release: The Federal Reserve Board on Thursday, December 17 announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president of the council for 2021.
By Fed Newswire | Dec 17, 2020
News Release: The Federal Reserve Board on Thursday announced five new members of its Community Advisory Council (CAC).
By Fed Newswire | Dec 17, 2020
News Release: WASHINGTON—The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation today announced the annual adjustment to the asset-size thresholds used to define small bank and intermediate small bank under the Community Reinvestment Act (CRA) regulations.
By Fed Newswire | Dec 16, 2020
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 December 15-16 meeting.
By Fed Newswire | Dec 16, 2020
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 | Dec 15, 2020
News Release: The Federal Reserve Board announced on Tuesday that it has formally joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, as a member. By bringing together central banks and supervisory authorities from around the world, NGFS supports the exchange of ideas, research, ...
By Fed Newswire | Dec 11, 2020
News Release: The Federal Reserve on Friday released illustrative examples of new charts that will be included in the Federal Open Market Committee's quarterly Summary of Economic Projections (SEP). The new charts show FOMC participants' judgments of uncertainty and risks related to their projections of the change in real gross domestic product, the unemployment rate, personal consumption expenditures (PCE) inflation, and core PCE inflation.
By Fed Newswire | Dec 9, 2020
News Release: The Federal Deposit Insurance Corporation and the Federal Reserve Board today announced several resolution plan actions. Resolution plans, commonly known as living wills, must describe the company's strategy for rapid and orderly resolution in bankruptcy in the event of material financial distress or failure of the company.
By Fed Newswire | Dec 8, 2020
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 Bern Bancshares, Inc., Bern, Kansas, to increase its ownership interest from 6.38 percent to 6.74 percent of the voting shares of UBT Bancshares, Inc., which wholly owns United Bank & Trust, both of Marysville, Kansas.
By Fed Newswire | Dec 8, 2020
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Community Trust Bank, Pikeville, Kentucky Consent Order, dated July 25, 2018 (PDF) Terminated December 7, 2020 Additional enforcement actions can be searched for here.
By Fed Newswire | Dec 7, 2020
News Release: The Federal Reserve Board on Monday announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche. The annual indexation and publication of these amounts are required by statute but will not affect depository institutions' reserve requirements, which will remain zero.
By Fed Newswire | Dec 4, 2020
News Release: The Federal Reserve Board announced on Friday that results from its second round of bank stress tests will be released on Friday, Dec. 18, at 4:30 p.m. EST.
By Fed Newswire | Dec 3, 2020
News Release: The Federal Reserve Board on Thursday announced seven members, including three new members, of its Insurance Policy Advisory Committee, or IPAC. The members will serve three-year terms beginning in 2021.
By Fed Newswire | Dec 1, 2020
News Release: The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from October 5 through November 5, 2020.
By Fed Newswire | Nov 30, 2020
News Release: The Federal Reserve Board on Monday 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 | Nov 30, 2020
News Release: The Federal Reserve Board on Monday announced an extension through March 31, 2021, for several of its lending facilities that were generally scheduled to expire on or around December 31.
