By Fed Newswire | Sep 21, 2016
News Release: Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year. Although the unemployment rate is little changed in recent months, ...
By Fed Newswire | Sep 13, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Anchor Commercial Bank, Juno Beach, Florida Written Agreement dated March 16, 2010 Terminated September 8, 2016 Bridgeview Bancorp, Inc., Bridgeview, Illinois Written Agreement dated Feb. 18, 2011 ...
By Fed Newswire | Sep 9, 2016
News Release: Nellie Liang, director of the Division of Financial Stability, will retire later this year after 30 years of service to the Federal Reserve Board, including six years as director. The Board will begin a search for her successor.
By Fed Newswire | Sep 8, 2016
News Release: The Federal Reserve Board on Thursday released a policy statement detailing the framework the Board will follow in setting the Countercyclical Capital Buffer (CCyB) for private-sector credit exposures located in the United States. The CCyB is a macroprudential tool that can be used to increase the resilience ...
By Fed Newswire | Sep 8, 2016
News Release: The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today released a report to the Congress and the Financial Stability Oversight Council on the activities and investments that banking entities may engage in under applicable law.
By Fed Newswire | Sep 6, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama Written Agreement dated June 27, 2011 Terminated Sept. 1, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Sep 1, 2016
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: North State Bancshares, Inc., Shakopee, Minnesota Written Agreement date July 26, 2010 Terminated Aug. 29, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 29, 2016
News Release: The Federal Reserve Board on Monday announced that it will seek a $1.2 million fine and a permanent ban on employment in the banking industry in an enforcement action against a foreign exchange (FX) trader who is alleged to have manipulated FX pricing benchmarks.
By Fed Newswire | Aug 25, 2016
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Cornerstone Bank, Overland Park, Kansas Written Agreement dated Jan. 14, 2010 Terminated Aug. 22, 2016 Search of Federal Reserve enforcement actions.
By Fed Newswire | Aug 23, 2016
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on July 25, 2016.
By Fed Newswire | Aug 23, 2016
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Christopher Watkins, a former institution-affiliated party of Central State Bank (now known as CBI Bank & Trust), Muscatine, Iowa Cease and Desist Order dated Aug. 19, 2016 The Federal Reserve Board ...
By Fed Newswire | Aug 18, 2016
News Release: The Federal Reserve Board launched a Facebook page on Thursday with the aim of increasing the accessibility and availability of Federal Reserve Board news and educational content.
By Fed Newswire | Aug 18, 2016
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Allied Bank, Mulberry, Arkansas Prompt Corrective Action Directive dated Aug. 15, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 17, 2016
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on July 26-27, 2016.
By Fed Newswire | Aug 16, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Tennessee State Bancshares, Inc. and Tennessee State Bank, both of Pigeon Forge, Tennessee Written Agreement dated Aug. 31, 2009 Terminated Aug. 10, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 11, 2016
News Release: On Aug. 11, 2016, 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 | Aug 11, 2016
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: First Bankshares, Inc., Barboursville, West Virginia Written Agreement dated August 8, 2016 Liberty Bank, South San Francisco, California Written Agreement dated August 5, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 9, 2016
News Release: The Federal Reserve Board on Tuesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2017.
By Fed Newswire | Aug 9, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: First American State Bank, Greenwood Village, Colorado Written Agreement dated Aug. 20, 2010 Terminated Aug. 3, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Aug 8, 2016
News Release: The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Chemical Financial Corporation, Midland, Michigan, to merge with Talmer Bancorp, Inc., and thereby indirectly acquire Talmer Bank and Trust ("Talmer Bank"), both of ...
