By Fed Newswire | Jun 15, 2016
News Release: Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed while growth in economic activity appears to have picked up. Although the unemployment rate has declined, job gains have diminished. Growth in household spending ...
By Fed Newswire | Jun 14, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: First National Bancshares, Inc., Goodland, Kansas Written Agreement dated Sept. 10, 2009 Terminated June 7, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jun 10, 2016
News Release: The Federal Reserve Board on Friday announced its approval of the notice under section 4 of the Bank Holding Company Act by Sumitomo Mitsui Trust Holdings, Inc., and Sumitomo Mitsui Trust Bank, Limited, both of Tokyo, Japan, to acquire 50 percent of the voting shares of Marubeni Rail Transport, Inc., a Delaware corporation, and thereby indirectly acquire Midwest Railcar Corporation, an Illinois corporation.
By Fed Newswire | Jun 10, 2016
News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Friday permitted 84 firms with limited U.S. operations to file reduced content resolution plans for their next three resolution plans. The decision is intended to increase clarity and reduce burden by creating more certainty around future filing requirements.
By Fed Newswire | Jun 9, 2016
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: First State Bank of Warner, Warner, South Dakota Written Agreement dated Sept. 16, 2010 Terminated June 7, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jun 8, 2016
News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Wednesday announced that four foreign banking organizations (FBOs) will be required to submit their next resolution plans on July 1, 2017.
By Fed Newswire | Jun 3, 2016
News Release: The Federal Reserve Board on Friday approved an advance notice of proposed rulemaking (ANPR) inviting comment on conceptual frameworks for capital standards that could apply to systemically important insurance companies and to insurance companies that own a bank or thrift. The standards would differ for each group.
By Fed Newswire | Jun 2, 2016
News Release: The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by BNC Bancorp, High Point, North Carolina, to acquire Southcoast Financial Corporation and thereby indirectly acquire Southcoast Community Bank, both of Mt. Pleasant, South Carolina.
By Fed Newswire | Jun 2, 2016
News Release: The Federal Reserve Board on Thursday announced that results from the latest supervisory stress tests conducted as part of the Dodd-Frank Act will be released on Thursday, June 23, and the related results from the Comprehensive Capital Analysis and Review (CCAR), will be released on Wednesday, June 29. Results for both exercises will be released at 4:30 p.m. EDT.
By Fed Newswire | May 31, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Broadway Financial Corporation, Los Angeles, California Cease and Desist Order issued by the Office of Thrift Supervision dated September 9, 2010 Terminated February 5, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | May 25, 2016
News Release: American families overall reported continued mild improvement in their financial well-being in 2015 although many families were struggling financially and felt excluded from economic advancement, according to the Federal Reserve Board's latest Report on the Economic Well-Being of U.S. Households.
By Fed Newswire | May 24, 2016
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from March 28 through April 25, 2016.
By Fed Newswire | May 24, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: American Bancorporation of Minnesota, Inc., Baxter, Minnesota Written Agreement dated Feb. 16, 2011 Terminated May 19, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | May 19, 2016
News Release: On May 19, 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 | May 18, 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 April 26-27, 2016.
By Fed Newswire | May 17, 2016
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: First Community Bank, Glasgow, Montana Order of Assessment of a Civil Money Penalty, dated May 11, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | May 16, 2016
News Release: Six federal agencies are inviting public comment on a proposed rule to prohibit incentive-based compensation arrangements that encourage inappropriate risks at covered financial institutions. The deadline for comments on the proposed rule, which was submitted for publication in the Federal Register, is July 22, 2016.
By Fed Newswire | May 12, 2016
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 ...
By Fed Newswire | May 11, 2016
News Release: The Federal Reserve Board on Wednesday announced the Office of Financial Policy and Research (OFS) has been designated a division of the Board and renamed as the Division of Financial Stability (FS). The change reflects the growth in responsibilities and staffing associated with the Board's commitment to identifying and analyzing risks to financial stability and to developing and evaluating macroprudential policy responses to those risks.
By Fed Newswire | May 9, 2016
News Release: The Federal Reserve Board announced on Monday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). The CAC was formed in 2015. It advises the Board on issues affecting consumers and communities and complements two of the Board's other advisory councils--the Federal Advisory Council and the Community Depository Institutions Advisory Council--whose members represent depository institutions.
