Board Actions

Actions taken during the week ending August 13, 2011

Personnel

Division of International Finance -- appointment of Steven B. Kamin as acting director.
-Announced, August 8, 2011

Regulations and Policies

Regulations LL and MM (Savings and Loan Holding Companies) -- publication for comment of interim final rules establishing regulations for savings and loan holding companies and issuance of order delegating certain actions relating to savings and loan holding companies, in accordance with the Dodd-Frank Act.
-Approved, August 8, 2011

Enforcement

Bank of the Eastern Shore, Cambridge, Maryland -- issuance of a prompt corrective action directive against the bank.
-Announced, August 11, 2011

Mesaba Bancshares, Inc., Grand Rapids, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, August 9, 2011

Reliance Bancshares, Inc., Des Peres, Missouri -- written agreement with the Federal Reserve Bank of St. Louis.
-Announced, August 9, 2011

Texas Coastal Bank, Pasadena, Texas -- written agreement with the Federal Reserve Bank of Dallas and the Banking Commissioner of the Texas Department of Banking.
-Announced, August 11, 2011