Board Actions

Actions taken during the week ending June 6, 2020

Bank Holding Companies

Henderson Bancshares, Inc., Troy, Alabama -- to merge with First Brundidge Bancshares, Inc. (First Brundidge), Brundidge, and thereby indirectly acquire First Brundidge's subsidiary bank, The First National Bank of Brundidge.
-Granted in accordance with 12 USC 1842(b)(1), June 3, 2020

Monetary and Financial Policy

Municipal Liquidity Facility (MLF) -- updates to the MLF term sheet.
-Approved, June 3, 2020

Regulations and Policies

Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, June 5, 2020

Enforcement

State Street Corporation, Boston, Massachusetts; and State Street Bank and Trust Company -- written agreement dated May 28, 2015, terminated May 29, 2020.
-Announced, June 4, 2020