Board Actions

Actions taken during the week ending April 27, 2013

Monetary and Financial Policy

Term Deposit Facility -- to conduct small-value fixed-rate offerings of term deposits with full allotment of tenders.
-Announced, April 26, 2013

Personnel

Division of Reserve Bank Operations and Payment Systems -- appointment of Laurence Mize, Marybeth Traverso, David Mills, Lorelei Pagano, and Shaun Ferrari as assistant directors, and Michael Lambert and Gregory Evans as associate directors, effective May 5, 2013.
-Approved, April 25, 2013

Regulations and Policies

Foreign Remittance Transfers -- biennial report to Congress on the use of the automated clearinghouse system and other payment mechanisms for remittance transfers to foreign countries, in accordance with the Dodd-Frank Act.
-Approved, April 25, 2013

Reserve Bank Operations

Federal Reserve Bank of Richmond -- appointment of Mark L. Mullinix as first vice president and chief operating officer, effective June 1, 2013.
-Approved, April 19, 2013
(A/C)

Enforcement

Freedom Bancorporation, Inc., Lindstrom, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, April 25, 2013

Freedom Bank of Oklahoma, Tulsa, Oklahoma -- written agreement with the Federal Reserve Bank of Kansas City and the Oklahoma State Banking Department.
-Announced, April 25, 2013

Plumas Bancorp, Quincy, California -- written agreement dated July 25, 2011, terminated April 18, 2013.
-Announced, April 23, 2013