By Fed Newswire | May 5, 2016
News Release: The Federal Reserve Board is cosponsoring a policy forum next week to explore changing demographic and economic trends that affect housing and community development policy in rural communities. The aim of "The Future of Rural Communities: Implications for Housing," is to explore methods and resources ...
By Fed Newswire | May 5, 2016
News Release: The Federal Reserve Board on Thursday announced its approval of the applications under section 9 of the Federal Reserve Act by Origin Bank, Choudrant, Louisiana, to establish a branch at 2049 West Gray Street, Houston, Texas, and a mobile branch in Harris County, Texas.
By Fed Newswire | May 3, 2016
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Farmers & Merchants Bank of Ashland, Ashland, Nebraska Order of Assessment of a Civil Money Penalty dated April 26, 2016 The Federal Reserve Board also announced the termination of the enforcement action ...
By Fed Newswire | May 3, 2016
News Release: The Federal Reserve Board on Tuesday proposed a rule to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms.
By Fed Newswire | May 3, 2016
News Release: The federal banking agencies proposed a rule to strengthen the resilience of large banking organizations by requiring them to maintain a minimum level of stable funding relative to the liquidity of their assets, derivatives, and commitments, over a one-year period. The rule, the net stable funding ratio, or NSFR, is being proposed by the Federal Deposit Insurance Corporation, the Federal Reserve, and the Office of the Comptroller of the Currency.
By Fed Newswire | May 2, 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 Republic Bancorp, Inc., Louisville, Kentucky, to merge with Cornerstone Bancorp, Inc., and thereby indirectly acquire Cornerstone Community Bank, both of St. Petersburg, Florida.
By Fed Newswire | Apr 27, 2016
News Release: Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growth in household spending has moderated, although households' real income has risen at a solid rate and ...
By Fed Newswire | Apr 26, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Jack Henry & Associates, Inc., Monett, Missouri Written Agreement dated December 4, 2013 Terminated March 29, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Apr 22, 2016
News Release: The Federal Reserve Board on Friday announced that the public comment period has been extended through May 16, 2016, for the application by Huntington Bancshares Incorporated, Columbus, to acquire FirstMerit Corporation and thereby acquire FirstMerit Bank, N.A., both of Akron, all of Ohio, pursuant to ...
By Fed Newswire | Apr 21, 2016
News Release: The Federal Reserve Board on Thursday announced the appointment of Matthew J. Eichner as director of its Division of Reserve Bank Operations and Payment Systems, effective May 1, 2016.
By Fed Newswire | Apr 20, 2016
News Release: Throughout American history, women have made important contributions to the free and democratic society we enjoy today. I welcome the decision by the Treasury Department to honor these achievements. The Federal Reserve will work with Treasury on a design that also incorporates strong security features to protect worldwide users of U.S. currency.
By Fed Newswire | Apr 19, 2016
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: CommerceWest Bank, Irvine, California Cease and Desist Order dated April 12, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955
By Fed Newswire | Apr 19, 2016
News Release: The Federal Reserve Board on Tuesday implemented new procedures for examiners to conduct off-site loan reviews for community and small regional banks. The Board is offering this option as part of its ongoing efforts to improve efficiency and provide burden reduction while maintaining quality supervision.
By Fed Newswire | Apr 14, 2016
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Gentry Parker, a former institution-affiliated party of Security Bank, Tulsa, Oklahoma Consent Order to Cease and Desist requiring restitution of $6,600 dated April 13, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Apr 13, 2016
News Release: The Federal Deposit Insurance Corporation and the Federal Reserve Board on Wednesday jointly announced determinations and provided firm-specific feedback on the 2015 resolution plans of eight systemically important, domestic banking institutions.
By Fed Newswire | Apr 12, 2016
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for February 8 and March 14, 2016.
By Fed Newswire | Apr 12, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: CBS Financial Corporation, Smyrna, Georgia Written Agreement issued Aug. 10, 2009 Terminated April 8, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Apr 7, 2016
News Release: The Federal Reserve Board on Thursday proposed technical amendments to its rule requiring global systemically important bank holding companies (GSIBs) to hold additional amounts of risk-based capital. The proposal would not materially change the underlying rule finalized by the Board in July 2015.
By Fed Newswire | Apr 6, 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 March 15-16, 2016.
By Fed Newswire | Mar 30, 2016
News Release: Mobile banking use continued to rise last year as smartphone adoption grew and consumers were increasingly drawn to the convenience of mobile financial services, according to a Federal Reserve Board report,Consumers and Mobile Financial Services 2016, released on Wednesday.
