Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending August 1, 2026
Enforcement
First Interstate Bank, Billings, Montana -- consent order of prohibition against Ralph A. Mojica, a former institution-affiliated party.
Announced: July 30, 2026
Iuka Bancshares, Inc., and Iuka State Bank, both of Salem, Illinois -- written agreement with the Federal Reserve Bank of St. Louis and the Illinois Department of Financial and Professional Regulation.
Announced: July 30, 2026
Regions Bank, Birmingham, Alabama -- consent order of prohibition against Simon Alberto Gonzalez, a former institution-affiliated party.
Announced: July 30, 2026
Regulations and Policies
Regulation O (Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks) -- notice of proposed rulemaking and request for comment to update and modernize the regulation.
Approved: July 29, 2026
Regulations Q (Capital Adequacy of Bank Holding Companies, Savings and Loan Holding Companies, and State Member Banks) and MM (Mutual Holding Companies) -- notice of proposed rulemaking and request for comment to modernize the regulatory framework applicable to mutual holding companies.
Approved: July 29, 2026