Board Actions

BB&T Corporation, Winston-Salem, North Carolina -- to merge with The Bank of Kentucky Financial Corporation, Crestview Hills, Kentucky, and thereby acquire The Bank of Kentucky, Inc.
-Approved, June 2, 2015

Forms -- final Board review to extend with revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation YY (Enhanced Prudential Standards).
-Approved, June 3, 2015

Forms -- initial Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's Regulation E (Electronic Fund Transfer Act).
-Proposed, June 3, 2015

Division of Information Technology -- appointment of Lisa Bell, Raymond Romero, and Kofi Sapong as senior associate directors; Kassandra Quimby, Sheryl Warren, Rajasekhar Yelisetty, and Glenn Eskow as associate directors; Theresa Palya and Charles Young as deputy associate directors; and Deborah Prespare, Jonathan Shrier, Eric Turner, and Ivan Wun as assistant directors as part of a division reorganization.
-Announced, June 1, 2015

Diversity and Inclusion -- final interagency policy statement establishing joint standards for assessing the diversity policies and practices of entities regulated by the agencies, in accordance with the Dodd-Frank Act, and request for comment on the proposed collection of information.
-Approved, June 3, 2015

BCBank, Inc., Philippi, West Virginia -- issuance of a consent order of assessment of a civil money penalty.
-Announced, June 4, 2015

First Iowa State Bank, Keosauqua, Iowa -- issuance of a consent order of assessment of a civil money penalty.
-Announced, June 4, 2015

State Street Corporation, Boston, Massachusetts, and State Street Bank and Trust Company -- written agreement with the Federal Reserve Bank of Boston and the Massachusetts Division of Banks.
-Announced, June 1, 2015