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Financial regulators issue guidance encouraging youth savings programs, address frequently asked questions

Financial regulators issue guidance encouraging youth savings programs, address frequently asked questions

Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Financial Crimes Enforcement Network National Credit Union Administration Office of the Comptroller of the Currency For immediate release February 24, 2015 Five federal financial regulatory agencies today issued guidance to encourage federally insured depository institutions to offer youth savings programs to expand the financial capability of young people. The guidance also provides answers to frequently asked questions related to the establishment of these programs.

Minutes of the Board’s discount rate meeting for January 26, 2015

Minutes of the Board’s discount rate meeting for January 26, 2015

Release Date: February 24, 2015 For release at 2:00 p.m. EST The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on January 26, 2015.

Federal Reserve Board announces approval of application by Taiwan Cooperative Bank, Ltd.

Federal Reserve Board announces approval of application by Taiwan Cooperative Bank, Ltd.

Release Date: February 20, 2015 For immediate release The Federal Reserve Board on Friday announced its approval of the application by Taiwan Cooperative Bank, Ltd., Taipei, Taiwan, to establish a branch in New York, New York. Attached is the Order relating to this action.

Federal Reserve Board announces approval of application by Sumitomo Mitsui Financial Group, Inc.

Federal Reserve Board announces approval of application by Sumitomo Mitsui Financial Group, Inc.

Release Date: February 20, 2015 For immediate release The Federal Reserve Board on Friday, announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Sumitomo Mitsui Financial Group, Inc., and Sumitomo Mitsui Banking Corporation, both of Tokyo, Japan, to acquire up to 19.9 percent of the voting shares of The Bank of East Asia, Limited, Hong Kong S.A.R., People’s Republic of China. Attached is the Board’s Order relating to this action.

Federal Reserve announces results of offering of 21-day term deposits on February 19

Federal Reserve announces results of offering of 21-day term deposits on February 19

Release Date: February 19, 2015 For release at 3:30 p.m. ET On February 19, 2015, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility.

Minutes of the Federal Open Market Committee, January 27-28, 2015

Minutes of the Federal Open Market Committee, January 27-28, 2015

Release Date: February 18, 2015 For release at 2:00 p.m. EST The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 27-28, 2015.

Agencies announce extension of resolution plan submission for three financial institutions

Agencies announce extension of resolution plan submission for three financial institutions

Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation For release at 3:30 p.m. EDT February 18, 2015 The Federal Reserve Board and the Federal Deposit Insurance Corporation on Wednesday announced that they are extending the resolution plan submission deadline for American International Group, Inc., General Electric Capital Corporation, Inc., and Prudential Financial, Inc.

Federal Reserve Board announces approval of application by IBERIABANK Corporation

Federal Reserve Board announces approval of application by IBERIABANK Corporation

Release Date: February 18, 2015 For release at 4:30 p.m. ET The Federal Reserve Board announced on Wednesday its approval of the application under section 3 of the Bank Holding Company Act by IBERIABANK Corporation, Lafayette, Louisiana, to acquire Florida Bank Group, Inc., and its wholly owned subsidiary, Florida Bank, both of Tampa, Florida.

Agencies announce reissuance of checks related to the Independent Foreclosure Review

Agencies announce reissuance of checks related to the Independent Foreclosure Review

Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency For release at 1:00 p.m. EDT February 18, 2015 Replacement checks are being mailed this week to borrowers eligible for payment under the Independent Foreclosure Review Payment Agreements and who have not yet cashed or deposited their check, the Federal Reserve Board and the Office of the Comptroller of the Currency announced Wednesday.

Foster Design Build to Deliver 4 Luxury Homes on Dayton Street in Chicago Illinois

Foster Design Build to Deliver 4 Luxury Homes on Dayton Street in Chicago Illinois

Desirable Dayton Street: the hot, hotter, hottest destination for new luxury homes. Foster Design Build SPD Corporation is leading the groundbreaking news, as the only developer with four upcoming single-family… Read more »

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