By Fed Newswire | May 31, 2019
News Release: Results from the latest supervisory stress tests conducted as part of the Dodd-Frank Act will be released on Friday, June 21, and the results from the related Comprehensive Capital Analysis and Review (CCAR) will be released on Thursday, June 27, the Federal Reserve Board announced on Friday. Results for both exercises will be announced at 4:30 p.m. EDT.
By Fed Newswire | May 30, 2019
News Release: The Federal Reserve Board on Thursday announced the appointment of Winona H. Varnon as director of its Management Division, effective June 1, 2019.
By Fed Newswire | May 30, 2019
News Release: On May 30, 2019, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits with the rate set equal to the sum of the interest rate paid on excess reserves plus a fixed spread of 1 basis point.
By Fed Newswire | May 30, 2019
News Release: WASHINGTON—The federal bank regulatory agencies issued a final rule that will adopt without change the agencies' interim final rule issued in August 2018, amending their liquidity coverage ratio (LCR) rules to treat certain municipal obligations as high-quality liquid assets (HQLA).
By Fed Newswire | May 28, 2019
News Release: The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings on April 22 and May 1, 2019.
By Fed Newswire | May 28, 2019
News Release: The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year's ratios, which were released on June 15, 2018.
By Fed Newswire | May 23, 2019
News Release: The Federal Reserve Board's latest Report on the Economic Well-Being of U.S. Households found that most measures of economic well-being and financial resilience in 2018 were similar to, or slightly better than, those in 2017.
By Fed Newswire | May 23, 2019
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 has been used on occasion by the Board to obtain information about deposit pricing and behavior, ...
By Fed Newswire | May 23, 2019
News Release: The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in May. These operations are aimed at ensuring the operational readiness of the TDF and providing eligible institutions with an opportunity to maintain familiarity with term deposit procedures. The TDF test operations are a matter of prudent planning and have no implications for the near-term conduct of monetary policy.
By Fed Newswire | May 23, 2019
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Fulton Financial Corporation, Lancaster, Pennsylvania, and Lafayette Ambassador Bank, Bethlehem, Pennsylvania Cease and Desist Order, dated September 4, 2014 (PDF) Terminated May 20, 2019 United Bank ...
By Fed Newswire | May 22, 2019
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 30-May 1, 2019.
By Fed Newswire | May 21, 2019
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent Prohibition and Cease-and-Desist Order against Katherine Tibboles, former employee of The Croghan Colonial Bank, Fremont, Ohio, for embezzling bank funds The Board on Tuesday also announced the ...
By Fed Newswire | May 17, 2019
News Release: The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2020: January 28-29 (Tuesday-Wednesday) March 17-18 (Tuesday-Wednesday) April 28-29 (Tuesday-Wednesday) June 9-10 (Tuesday-Wednesday) July 28-29 (Tuesday-Wednesday) September 15-16 (Tuesday-Wednesday) November 4-5 (Wednesday-Thursday) December 15-16 (Tuesday-Wednesday) January 26-27, 2021 (Tuesday-Wednesday) For media inquiries, call 202-452-2955.
By Fed Newswire | May 16, 2019
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Consent prohibition against Adam D. Koontz, former employee of Fayette County Bank, Saint Elmo, Illinois, for unsafe and unsound lending practices Adams Bank and Trust, Ogallala, Nebraska Order of assessment of a civil money penalty dated May 15, 2019 Additional enforcement actions can be searched for here.
By Fed Newswire | May 14, 2019
News Release: Alice Rivlin, who served as Vice Chair of the Board of Governors from 1996 to 1999, made great and lasting contributions as a leader and economic policymaker and broke barriers as a woman in the economics profession. I valued our friendship and extend my deepest sympathy to her family.
By Fed Newswire | May 9, 2019
News Release: The Federal Reserve Board on Thursday requested comment on potential modifications to the Federal Reserve Banks' National Settlement Service (NSS) and Fedwire® Funds Service to support enhancements to the same-day automated clearinghouse (ACH) service. The Board also requested comment on corresponding changes to the Federal Reserve Policy on Payment System Risk related to a new posting time for transactions and an increased daylight overdraft fee.
By Fed Newswire | May 9, 2019
News Release: The Federal Reserve Board on Thursday approved final amendments to its regulations to reflect the transfer of the Board's rulemaking authority for the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) to the Bureau of Consumer Financial Protection (Bureau). Entities that were subject to the Board's rules are now subject to the Bureau's rules.
By Fed Newswire | May 7, 2019
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: First American Bancorp, Greenwood Village, Colorado Written Agreement dated Aug. 20, 2010 (PDF) Terminated May 3, 2019 Enforcement actions can be searched for here.
By Fed Newswire | May 3, 2019
News Release: The Federal Reserve Board on Friday requested comment on a proposal to reduce risk and increase efficiency in the financial system by applying netting protections to a broader range of financial institutions.
By Fed Newswire | May 2, 2019
News Release: The Federal Reserve System's Community Development Research Conference, "Renewing the Promise of the Middle Class," will be held May 9-10, 2019, in Washington, D.C. The conference will feature the latest research on challenges faced by low- and moderate-income families when moving into the middle class, as well as threats to the economic security of middle-class households.
