List/Grid Tag Archives: reserve
Federal Reserve offers 28-day term deposits with full allotment at 26 basis points through its Term Deposit Facility
Release Date: May 15, 2013 For release at 1:00 p.m. EDT On May 20, 2013, the Federal Reserve will conduct a fixed-rate offering of term deposits with full allotment of tenders through its Term Deposit Facility (TDF).
Federal Reserve Board announces termination of enforcement action with Plumas Bancorp
Release Date: April 23, 2013 For immediate release The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Plumas Bancorp, Quincy, California Written Agreement dated July 25, 2011 Terminated April 18, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
Federal Reserve provides information on checks sent under Independent Foreclosure Review Payment Agreement
Release Date: April 17, 2013 For immediate release The paying agent for checks being sent to borrowers under the Independent Foreclosure Review has assured the Federal Reserve Board that early problems with some checks have been corrected and that funds are available to cash all checks. Some early recipients of checks informed the Federal Reserve’s consumer helpline on Tuesday that they were told their checks could not be cashed.
Federal Reserve Board announces enforcement action with Citigroup and termination of enforcement action with East Dubuque Bancshares and East Dubuque Savings Bank
Release Date: March 26, 2013 For immediate release The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Citigroup Inc., (PDF) New York, New York Consent Order dated March 21, 2013 The Federal Reserve Board also announced the termination of the enforcement action listed below: East Dubuque Bancshares, Inc., East Dubuque, Illinois and East Dubuque Savings Bank, Dubuque, Iowa Written Agreement dated April 19, 2010 Terminated March 20, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
Federal Reserve Board announces termination of enforcement actions with Bank of Bartlett, Bank of Little Rock, and Pembina County Bankshares, Ltd.
Release Date: March 21, 2013 For immediate release The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Bank of Bartlett, Bartlett, Tennessee Prompt Corrective Action Directive dated January 30, 2012 Terminated March 18, 2013 Bank of Little Rock, Little Rock, Arkansas Written Agreement dated May 18, 2010 Terminated March 15, 2013 Pembina County Bankshares, Ltd., Cavalier, North Dakota Written Agreement dated March 9, 2011 Terminated March 18, 2013 Search of Federal Reserve enforcement actions . For media inquiries, call 202-452-2955.
Federal Reserve Board and Federal Open Market Committee release economic projections from the March 19-20 FOMC meeting
Release Date: March 20, 2013 For release at 2:00 p.m. ET The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the March 19-20 meeting of the Federal Open Market Committee.
Federal Reserve Board announces termination of enforcement action with Progressive Growth Corp.
Release Date: February 5, 2013 For immediate release The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Progressive Growth Corp., Gaylord, Minnesota Written Agreement dated November 15, 2010 Terminated February 1, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
OCC and Federal Reserve reach agreement with HSBC to provide $249 million in payments and assistance
Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency For immediate release January 18, 2013 WASHINGTON–HSBC has joined the agreement in principle announced by the Federal Reserve Board and Office of the Comptroller of the Currency (OCC) on January 7, 2013, and will pay $249 million in cash payments and other assistance to help mortgage borrowers. Earlier this month, the Federal Reserve and the OCC announced that they had reached agreements in principle with Aurora, Bank of America, Citibank, Goldman Sachs, JPMorgan Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign, SunTrust, U.S.
Federal Reserve Board issues supervision and regulation letter summarizing changes made to its program for consolidated supervision of large financial institutions
Release Date: December 17, 2012 For immediate release The Federal Reserve Board on Monday issued a Supervision and Regulation letter summarizing changes made in recent years to its program for consolidated supervision of large financial institutions. The updated approach incorporates a stronger focus on the stability of the financial system and broader economy as a whole, while making improvements to the Federal Reserve’s program to promote resiliency of individual firms. The letter is intended to provide greater clarity about supervisory objectives and expectations so that institutions and the general public can better understand the Federal Reserve’s focus in supervising these large firms.
Federal Reserve Board announces termination of enforcement action with Tennessee Valley Financial Holdings, Inc.
Release Date: December 13, 2012 For immediate release The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Tennessee Valley Financial Holdings, Inc., Oak Ridge, Tennessee Written Agreement dated September 26, 2011 Terminated November 20, 2012 For media inquiries, call 202-452-2955.