The Fed - Public Information Documents

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Actions taken by the Board of Governors and its staff under delegated authority

Advisory Councils

Community Depository Institutions Advisory Council -- announcement of members and designation of Christopher D. Maher as president and Joe Quiroga as vice president for 2019.
- Announced, September 7, 2018

Director, Consumer and Community Affairs

Community Advisory Council -- notice that the Board is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council.
- Approved, April 9, 2018

Bank Branches, Domestic

Origin Bank, Choudrant, Louisiana -- to establish a branch on La Branch Street, Houston, Texas.
- Approved, September 4, 2018

Secretary

First Financial Bank, Cincinnati, Ohio -- to establish a branch at 1 East Fourth Street, Cincinnati.
- Approved, August 23, 2018

Secretary

IBERIABANK, Lafayette, Louisiana -- to establish a branch at 301 Harrison Avenue, New Orleans.
- Approved, March 14, 2018

Secretary

Regions Bank, Birmingham, Alabama -- to establish a branch at 680 Johnson Ferry Road, Marietta, Georgia.
- Approved, February 7, 2018

Board Operations

Secretary

System of Records -- publication for comment of amendments to the General Routine Uses of Board Systems of Records.
- Approved, August 23, 2018

Administrative Conference of the United States (ACUS) -- designation of the General Counsel as the Board's representative to the ACUS.
- Approved, August 10, 2018

Secretary

System of Records -- publication for comment of a notice of a proposed new system of records, BGFRS-40 (FRB-Board Subscription Services).
- Approved, April 5, 2018

Bank Holding Companies

General Counsel

United Bancorp, Inc., Martins Ferry, Ohio -- waiver of application to acquire Powhatan Point Community Bancshares, Inc., Powhatan Point, and First National Bank of Powhatan Point (First National), in connection with First National's merger with and into Unified Bank, Martins Ferry.
- Granted, August 30, 2018

General Counsel

Banner Corporation, Walla Walla, Washington -- waiver of application to acquire Skagit Bancorp, Inc., Burlington, and Skagit Bank, in connection with Skagit Bank's merger with and into Banner Bank, Walla Walla.
- Granted, August 27, 2018

General Counsel

Keystone Community Bancorporation, Marengo, Iowa -- waiver of application to acquire Farmer Savings Bank, Victor, in connection with Farmer Savings Bank's merger with and into Keystone Savings Bank, Marengo.
- Granted, August 27, 2018

General Counsel

The First Bancshares, Inc., Hattiesburg, Mississippi -- waiver of application to acquire FMB Banking Corporation, Monticello, Florida, and Farmers & Merchants Bank (F&M Bank), in connection with F&M Bank's merger with and into The First, A National Banking Association, Hattiesburg.
- Granted, August 17, 2018

General Counsel

Drummond Banking Company, Chiefland, Florida -- waiver of application to acquire PSB BancGroup, Inc., Lake City, and Peoples State Bank, in connection with Peoples State Bank's merger with and into Drummond Community Bank, Chiefland.
- Granted, August 15, 2018

General Counsel

Orrstown Financial Services, Inc., Shippensburg, Pennsylvania -- waiver of application to acquire Mercersburg Financial Corporation, Mercersburg, and First Community Bank of Mercersburg (FCBM), in connection with FCBM's merger with and into Orrstown Bank, Shippensburg.
- Granted, August 14, 2018

General Counsel

Western Illinois Bancshares, Inc., Monmouth, Illinois -- waiver of application to acquire Andalusia Community Bank (ACB), Andalusia, in connection with the merger of ACB with and into Midwest Bank, Monmouth.
- Granted, August 9, 2018

General Counsel

First Citizens BancShares, Inc., Raleigh, North Carolina; and First-Citizens Bank & Trust Company (FC Bank) -- waiver of application to acquire Capital Commerce Bancorp, Inc., Milwaukee, Wisconsin, and Securant Bank & Trust (Securant), in connection with the merger of Securant with and into FC Bank.
- Granted, August 9, 2018

General Counsel

Athens Bancorp, Inc., Athens, Illinois -- waiver of application to acquire NBP Financial Services, Inc., Petersburg, and National Bank of Petersburg (Petersburg Bank), in connection with the merger of Petersburg Bank with and into Athens State Bank, Athens.
- Granted, August 9, 2018

General Counsel

Rio Financial Services, Inc., McAllen, Texas -- waiver of application to acquire Elsa State Bank & Trust Company (Elsa Bank), Elsa, in connection with Elsa Bank's merger with and into Rio Bank, McAllen.
- Granted, August 6, 2018

General Counsel

River Financial Corporation, Prattville, Alabama -- waiver of application to acquire PSB Bancshares, Inc., Clanton, and Peoples Southern Bank (PSB), in connection with PSB's merger with and into River Bank & Trust, Prattville.
- Granted, August 3, 2018

General Counsel

FNS Bancshares, Inc., Scottsboro, Alabama -- waiver of application to acquire Catoosa Bancshares, Inc., Fort Oglethorpe, Georgia, and Capital Bank, in connection with Capital Bank's merger with and into FNB Bank, Scottsboro.
- Granted, August 3, 2018

General Counsel

Emclaire Financial Corp, Emlenton, Pennsylvania -- waiver of application to acquire Community First Bancorp, Inc., Reynoldsville, and Community First Bank, in connection with Community First Bank's merger with and into The Farmers National Bank of Emlenton, Emlenton.
- Granted, August 1, 2018

Ocean Bankshares, Inc., Miami, Florida -- limited relief from certain commitments.
- Granted, July 30, 2018

General Counsel

Merchants Bancorp, Carmel, Indiana -- waiver of application to acquire FM Bancorp, Inc., Paxton, Illinois, and Farmers-Merchants National Bank of Paxton (FM Bank), in connection with FM Bank's merger with and into Joy State Bank, Joy.
- Granted, July 27, 2018

General Counsel

RBB Bancorp, Los Angeles, California -- waiver of application to acquire First American International Corporation, Brooklyn, New York, and First American International Bank (FAIB), in connection with FAIB's merger with and into Royal Business Bank, Los Angeles.
- Granted, July 26, 2018

General Counsel

German American Bancorp, Inc., Jasper, Indiana -- waiver of application to acquire First Security, Inc., Owensboro, Kentucky, and First Security Bank, Inc. (FSB), in connection with FSB's merger with and into German American Bank, Jasper.
- Granted, July 20, 2018

General Counsel

Renasant Corporation, Tupelo, Mississippi -- waiver of application to acquire Brand Group Holdings, Inc., Lawrenceville, Georgia, and The Brand Banking Company (BBC), in connection with BBC's merger with and into Renasant Bank, Tupelo.
- Granted, July 12, 2018

General Counsel

Civista Bancshares, Inc., Sandusky, Ohio -- waiver of application to acquire United Community Bancorp, Lawrenceburg, Indiana, and United Community Bank (UCB), in connection with the merger of UCB with and into Civista Bank, Sandusky.
- Granted, July 11, 2018

General Counsel

Hanmi Financial Corporation, Los Angeles, California -- waiver of application to acquire SWNB Bancorp, Inc., Houston, Texas, and Southwestern National Bank, in connection with the merger of Southwestern National Bank with and into Hanmi Bank, Los Angeles.
- Granted, July 2, 2018

General Counsel

People's United Financial Inc., Bridgeport, Connecticut -- waiver of application to acquire First Connecticut Bancorp, Inc., Farmington, and Farmington Bank, in connection with Farmington Bank's merger with and into People's United Bank, National Association, Bridgeport.
- Granted, July 2, 2018

General Counsel

Allegiance Bancshares, Inc., Houston, Texas -- waiver of application to acquire Post Oak Bancshares, Inc., Houston, and Post Oak Bank, N.A. (Post Oak Bank), in connection with Post Oak Bank's merger with and into Allegiance Bank.
- Granted, June 26, 2018

Secretary

Pacific Premier Bancorp, Inc., Irvine, California -- to merge with Grandpoint Capital, Inc., Los Angeles, and indirectly acquire Grandpoint Bank, and for Pacific Premier Bank, Irvine, to merge with Grandpoint Bank and thereby acquire branches.
- Approved, June 12, 2018

Ameris Bancorp, Moultrie, Georgia -- to merge with Hamilton State Bancshares, Inc., Hoschton, and indirectly acquire Hamilton State Bank.
- Approved, June 11, 2018

General Counsel

CenterState Bank Corporation, Winter Haven, Florida -- waiver of prior notice to acquire Charter Financial Corporation, West Point, Georgia, a savings and loan holding company, and CharterBank, in connection with CharterBank's merger into CenterState Bank, N.A., Winter Haven.
- Granted, June 11, 2018

General Counsel

Ames National Corporation, Ames, Iowa -- waiver of application to acquire Clarke County State Bank (CCS Bank), Osceola, in connection with CCS Bank's merger with and into First National Bank, Ames, Iowa.
- Granted, June 5, 2018

General Counsel

Colwich Financial Corporation, Wichita, Kansas -- waiver of application to acquire Pratt Community Bancshares, Inc., Pratt, and First National Bank in Pratt (First National Bank), in connection with First National Bank's merger with and into Legacy Bank, Colwich.
- Granted, June 5, 2018

TriCo Bancshares, Chico, California -- to merge with FNB Bancorp, South San Francisco, and thereby acquire First National Bank of Northern California.
- Approved, June 5, 2018

General Counsel

Wesbanco, Inc., Wheeling, West Virginia -- waiver of application to acquire Farmers Capital Bank Corporation, Frankfort, Kentucky, and United Bank & Capital Trust Company (United Bank), in connection with United Bank's merger with and into Wesbanco Bank, Wheeling, West Virginia.
- Granted, May 30, 2018

General Counsel

Carroll County Bancshares (CCB), Carroll, Iowa -- waiver of application in connection with an internal reorganization involving the merger of Nevada Community Bancshares, Inc., Nevada, with and into CCB.
- Granted, May 29, 2018

General Counsel

First Foundation Inc., Irvine, California -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
- Granted, May 25, 2018

General Counsel

Peoples Bancorp, Rock Valley, Iowa -- waiver of application to acquire Pinnacle Bancorp, Sioux City, and Pinnacle Bank Sioux City (Pinnacle Bank), in connection with Pinnacle Bank's merger with and into Peoples Bank, Rock Valley.
- Granted, May 25, 2018

General Counsel

Triumph Bancorp, Inc., Dallas, Texas -- waiver of application to acquire First Bancorp of Durango, Inc., Inverness, Illinois; The First National Bank of Durango (FNBD), Durango, Colorado; and Bank of New Mexico (BNM), Grants, New Mexico, in connection with FNBD's and BNM's merger with and into TBK Bank, SSB, Dallas.
- Granted, May 25, 2018

General Counsel

Triumph Bancorp, Inc., Dallas, Texas -- waiver of application to acquire Southern Colorado Corp., Inverness, Illinois, and Citizens Bank of Pagosa Springs (Citizens Bank), Pagosa Springs, Colorado, in connection with Citizens Bank's merger with and into TBK Bank, SSB, Dallas.
- Granted, May 25, 2018

General Counsel

Heritage Financial Corporation, Olympia, Washington -- waiver of application to acquire Premier Commercial Bancorp, Hillsboro, Oregon, and Premier Community Bank, in connection with Premier Community Bank's merger with and into Heritage Bank, Olympia, Washington.
- Granted, May 21, 2018

AMG National Corp., Greenwood Village, Colorado -- relief from certain commitments.
- Granted, May 18, 2018

General Counsel

CoastalSouth Bancshares, Inc., Hilton Head Island, South Carolina -- waiver of application to acquire First Citizens Financial Corporation, Dawsonville, Georgia, and its subsidiary, Foothills Community Bank, in connection with Foothills Community Bank's merger with and into CoastalStates Bank, Hilton Head Island, South Carolina.
- Granted, May 16, 2018

General Counsel

Farmers & Merchants Bancorp, Lodi, California, and Farmers & Merchants Bank of Central California (F&M Bank) -- waiver of application to acquire Bank of Rio Vista, Rio Vista, to facilitate the purchase and assumption of the assets and liabilities of Bank of Rio Vista by F&M Bank.
- Granted, May 15, 2018

General Counsel

Leakco Bank Holding Company, Wolsey, South Dakota -- waiver of application to acquire Farmers State Bank, Stickney, in connection with Farmers State Bank's merger with and into American Bank & Trust, Wessington Springs.
- Granted, May 14, 2018

Ameris Bancorp, Moultrie, Georgia -- to merge with Atlantic Coast Financial Corporation, Jacksonville, Florida, and thereby indirectly acquire Atlantic Coast Bank.
- Approved, May 9, 2018

General Counsel

Sunstate Bank, Miami, Florida -- waiver of application to acquire Intercontinental Bankshares, LLC, Miami, and Intercontinental Bank, West Miami, in connection with Intercontinental Bank's merger with and into Sunstate Bank.
- Granted, May 7, 2018

Independent Bank Group, Inc., McKinney, Texas -- to merge with Integrity Bancshares, Inc., Houston, and thereby indirectly acquire Integrity Bank SSB.
- Approved, April 30, 2018

MSB Financial Corp., Millington, New Jersey -- request by Lawrence B. Seidman et al. to retain shares in MSB Financial Corp.
- Approved, April 19, 2018

General Counsel

Mid Penn Bancorp, Millersburg, Pennsylvania -- waiver of application to acquire First Priority Financial Corporation, Malvern, and First Priority Bank, in connection with First Priority Bank's merger with and into Mid Penn Bank, Millersburg.
- Granted, April 13, 2018

General Counsel

NorthWest Indiana Bancorp, Munster, Indiana -- waiver of application to acquire First Personal Financial Corp., Orland Park, Illinois, and First Personal Bank, in connection with First Person Bank's merger with and into Peoples Bank SB, Munster.
- Granted, April 10, 2018

General Counsel

Old Second Bancorp, Inc., Aurora, Illinois -- waiver of application to acquire Greater Chicago Financial Corp., Chicago, and ABC Bank, in connection with ABC Bank's merger with and into Old Second National Bank, Aurora.
- Granted, April 5, 2018

Arvest Bank Group, Inc., Bentonville, Arkansas; and Arvest Holdings, Inc. -- to acquire Bear State Financial, Inc., Little Rock, and to indirectly acquire Bear State Bank; and for Arvest Bank, Fayetteville, to merge with Bear State Bank and thereby establish branches.
- Approved, April 2, 2018

General Counsel

Community Bancorp, Inc., Chanute, Kansas -- waiver of application to acquire Shelbank Corporation, Nevada, Missouri, and Heritage State Bank, in connection with Heritage State Bank's merger with and into Community National Bank & Trust, Chanute.
- Granted, March 30, 2018

General Counsel

Heritage Commerce Corp., San Jose, California, and Heritage Bank of Commerce -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
- Granted, March 28, 2018

General Counsel

Liberty Bancorp, Inc., Liberty, Missouri -- waiver of application to acquire Lawson Financial Corporation, Lawson, and Lawson Bank, in connection with Lawson Bank's merger with and into BankLiberty, Liberty.
- Granted, March 27, 2018

General Counsel

OakStar Bancshares, Springfield, Missouri -- waiver of application to acquire First National Bank, Camdenton, in connection with First National Bank's merger with OakStar Bank, Springfield.
- Granted, March 27, 2018

General Counsel

FNB Bancshares, Inc., Independence, Kansas -- waiver of application to acquire Fredonia State Bancshares, Inc., Fredonia, and State Bank of Kansas, in connection with State Bank of Kansas's merger with and into FirstOak Bank, Independence.
- Granted, March 23, 2018

General Counsel

LCNB Corp., Lebanon, Ohio -- waiver of application to acquire Columbus First Bancorp, Inc., Worthington, and Columbus First Bank, in connection with Columbus First Bank's merger with and into LCNB National Bank, Lebanon.
- Granted, March 23, 2018

General Counsel

First Choice Bancorp, Cerritos, California -- waiver of application to acquire Pacific Commerce Bancorp, Los Angeles, and Pacific Commerce Bank, in connection with Pacific Commerce Bank's merger with and into First Choice Bank, Cerritos.
- Granted, March 20, 2018

General Counsel

SBT Bancshares, Inc., Golden Meadow, Louisiana -- to permit an individual (1) to retain a beneficial interest in shares of SBT Bancshares, Inc., to be held in trust, and (2) to control 20 percent of SBT Bancshares' shares as part of a group acting in concert.
- Approved, March 20, 2018

General Counsel

PB Financial Corporation, Rocky Mount, North Carolina -- waiver of application to acquire CB Financial Corporation, Wilson, and Cornerstone Bank, in connection with Cornerstone Bank's merger with and into Providence Bank, Rocky Mount.
- Granted, March 16, 2018

General Counsel

2011 TCRT; Ford Financial Fund II, L.P.; GJF Financial Management II, L.L.C.; EB Acquisition Company, LLC; et al., Dallas, Texas; and Mechanics Bank, Walnut Creek, California -- waiver of application to acquire Learner Financial Corporation, Walnut Creek, California, and Scott Valley Bank, Yreka, in connection with Scott Valley Bank's merger with and into Mechanics Bank.
- Granted, March 15, 2018

General Counsel

SmartFinancial, Inc., Knoxville, Tennessee -- waiver of application to acquire Tennessee Bancshares, Inc., Tullahoma, and Southern Community Bank, in connection with Southern Community Bank's merger with and into SmartBank, Pigeon Forge.
- Granted, March 12, 2018

General Counsel

Great Plains Bancshares, Inc., Hollis, Oklahoma -- waiver of application to acquire Liberty Federal Savings Bank (Liberty FSB), Enid, in connection with Liberty FSB's merger with and into Great Plains National Bank, Elk City.
- Granted, March 9, 2018

Royal Bank of Scotland Group, plc, Edinburgh, Scotland -- relief from certain commitments.
- Granted, March 7, 2018

General Counsel

First Federal Bancorp MHC, Lake City, Florida, and First Federal Bancorp, Inc. -- waiver of application to acquire Coastal Banking Company, Inc., Beaufort, South Carolina, and CBC National Bank, Fernandina Beach, Florida, in connection with CBC National Bank's merger with and into First Federal Bank of Florida, Lake City.
- Granted, March 7, 2018

General Counsel

First Merchants Corporation, Muncie, Indiana -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
- Granted, March 7, 2018

General Counsel

First Citizens BancShares, Inc., Raleigh, North Carolina -- waiver of application to acquire HomeBancorp Inc., Tampa, Florida, and HomeBanc, in connection with HomeBanc's merger with and into First-Citizens Bank & Trust Company, Raleigh.
- Granted, February 20, 2018

First Financial Bancorp, Cincinnati, Ohio -- (1) for First Financial Bancorp to merge with MainSource Financial Group, Inc., Greensburg, Indiana, and thereby acquire MainSource Bank; (2) for First Financial Bank, Cincinnati, to merge with MainSource Bank and thereby establish branches; and (3) election by First Financial Bancorp to become a financial holding company.
- Approved, February 20, 2018

Howard Bancorp, Inc., Ellicott City, Maryland -- to acquire First Mariner Bank, Baltimore.
- Approved, February 9, 2018

General Counsel

Capital Bancorp, Inc., Delhi, Louisiana -- waiver of application to acquire Evergreen Bancshares, Inc., Crossett, Arkansas, and First State Bank, in connection with First State Bank's merger with and into Commercial Capital Bank, Delhi.
- Granted, February 9, 2018

General Counsel

CB Financial Services, Inc., Carmichaels, Pennsylvania -- waiver of application to acquire First West Virginia Bancorp, Inc., Wheeling, West Virginia, and Progressive Bank, National Association, in connection with Progressive Bank's merger with and into Community Bank, Carmichaels.
- Granted, January 25, 2018

General Counsel

MidTown Financial Ltd. (MidTown), Oklahoma -- waiver of application to acquire First State Bank (First State), Waynoka, in connection with (1) a change in control of First State from the shareholders of Waynoka Bancshares, Inc., Waynoka, to the shareholders of MidTown and (2) Midtown's merger with and into First State.
- Granted, January 23, 2018

Associated Banc-Corp, Green Bay, Wisconsin -- to acquire Bank Mutual Corporation, Milwaukee, a savings and loan holding company, and thereby indirectly acquire Bank Mutual, Brown Deer, a federal savings association.
- Approved, January 22, 2018

General Counsel

Commerce Bancorp, Inc., Greenwood, Mississippi -- waiver of application to acquire Tallahatchie Holding Company, Charleston, and Tallahatchie County Bank, in connection with Tallahatchie County Bank's merger with and into Bank of Commerce, Greenwood.
- Granted, January 19, 2018

General Counsel

The First Bancshares, Inc., Hattiesburg, Mississippi -- waiver of application to acquire Sunshine Financial Inc., Tallahassee, Florida, and Sunshine Community Bank, in connection with Sunshine Community Bank's merger with and into The First, A National Banking Association, Hattiesburg.
- Granted, January 19, 2018

NATCOM Bancshares, Inc., Superior, Wisconsin -- request for reconsideration of the Board's approval of the application by NATCOM Bancshares, Inc., to acquire shares of Republic Bancshares, Inc., Duluth Minnesota, and thereby indirectly acquire Republic Bank, Inc.
- Denied, January 12, 2018

General Counsel

South Atlantic Bancshares, Inc., Myrtle Beach, South Carolina -- waiver of application to acquire Atlantic Bancshares, Inc., Bluffton, and Atlantic Community Bank, in connection with Atlantic Community Bank's merger with and into South Atlantic Bank, Myrtle Beach.
- Granted, January 9, 2018

JPMorgan Chase & Co., New York, New York -- relief from certain commitments.
- Granted, January 8, 2018

General Counsel

AIM Bancshares, Inc., Levelland, Texas -- waiver of application to acquire Platinum Bancshares of Texas, Inc., Lubbock, and Platinum Bank, in connection with Platinum Bank's merger with and into AimBank, Littlefield.
- Granted, January 5, 2018

General Counsel

BancorpSouth Bank, Tupelo, Mississippi -- waiver of application to acquire Ouachita Bancshares Corp., Monroe, Louisiana, and Ouachita Independent Bank, in connection with Ouachita Independent Bank's merger with and into BancorpSouth Bank.
- Granted, January 3, 2018

General Counsel

BancorpSouth Bank, Tupelo, Mississippi -- waiver of application to acquire Central Community Corporation, Temple, Texas, and First State Bank Central Texas (FS Bank), Austin, in connection with FS Bank's merger with and into BancorpSouth Bank.
- Granted, January 3, 2018

Bank Mergers

IBERIABANK, Lafayette, Louisiana -- to merge with Gibraltar Private Bank & Trust Company, Coral Gables, Florida, and thereby establish branches.
- Approved, February 20, 2018

Currency

Director, Reserve Bank Operations and Payment Systems

Federal Reserve Notes -- print order for fiscal year 2019.
- Approved, July 30, 2018

Counterfeit Currency Processing Facility (CCPF) -- interagency memorandum of agreement to establish a CCPF to facilitate the identification and analysis of suspected counterfeit Federal Reserve notes.
- Approved, February 14, 2018

Enforcement

OSB Community Bank, Brooklyn, Michigan -- written agreement dated July 30, 2015, terminated August 30, 2018.
- Announced, September 4, 2018

UCB Financial Group, Inc., Atlanta, Georgia (now known as ABB Financial Group, Inc.) -- written agreement dated August 19, 2010, terminated August 27, 2018.
- Announced, August 30, 2018

The Bank of New York Mellon, New York, New York -- consent order of assessment of a civil money penalty, pursuant to the National Flood Insurance Act, dated August 28, 2018.
- Announced, August 30, 2018

Covenant Bancgroup, Inc., Leeds, Alabama -- written agreement dated December 28, 2015, terminated August 7, 2018.
- Announced, August 23, 2018

Flagstar Bancorp, Inc., Troy, Michigan -- supervisory agreement issued by the Office of Thrift Supervision dated January 27, 2010, terminated August 14, 2018.
- Announced, August 16, 2018

Santander Holdings USA, Inc., Boston, Massachusetts -- written agreement dated July 2, 2015, terminated August 14, 2018.
- Announced, August 16, 2018

NBRS Financial, Rising Sun, Maryland -- final decision and order of prohibition against Jacob H. Goldstein, a former institution-affiliated party.
- Approved, August 15, 2018

Capital Funding Bancorp, Inc., Baltimore, Maryland; and CFG Community Bank -- cease-and-desist order dated October 31, 2011, terminated August 8, 2018.
- Announced, August 14, 2018

CommerceWest Bank, Irvine, California -- cease-and-desist order dated April 12, 2016, terminated August 8, 2018.
- Announced, August 14, 2018

HSBC North America Holdings, Inc., New York, New York -- cease-and-desist order dated October 4, 2010, terminated August 7, 2018.
- Announced, August 14, 2018

Citigroup Inc., New York, New York -- (1) issuance of a consent order of assessment of a civil money penalty for the improper execution of residential mortgage-related documents, and (2) termination of a 2011 enforcement action against Citigroup and CitiFinancial Credit Company, Long Island City, related to residential mortgage loan servicing.
- Approved, August 9, 2018

Chicago Shore Corporation, Chicago, Illinois, and Security Chicago Corporation -- written agreement dated October 28, 2016, terminated July 24, 2018.
- Announced, July 26, 2018

Community Trust Bank, Pikeville, Kentucky -- issuance of a consent cease-and-desist order.
- Approved, July 24, 2018

East West Bank, Pasadena, California -- written agreement dated November 9, 2015, terminated July 18, 2018.
- Announced, July 24, 2018

Community Banks of Georgia, Inc., Jasper, Georgia -- written agreement dated May 24, 2011, terminated July 10, 2018.
- Announced, July 19, 2018

Grand Mountain Bancshares, Inc., Granby, Colorado -- cease-and-desist order issued by the Office of Thrift and Supervision dated November 9, 2009, terminated June 29, 2018.
- Announced, July 19, 2018

Hinsdale Bank & Trust, Hinsdale, Illinois -- issuance of consent order of prohibition against Michelle A. Kennedy, a former institution-affiliated party.
- Announced, July 12, 2018

United Bank Limited, Karachi, Pakistan; and United Bank Limited, New York Branch, New York, New York -- written agreement dated October 28, 2013, terminated July 9, 2018.
- Announced, July 12, 2018

United Bank Limited, Karachi, Pakistan; and United Bank Limited, New York Branch, New York, New York -- written agreement with the Federal Reserve Bank of New York.
- Announced, July 12, 2018

Amboy Bancorporation, Old Bridge, New Jersey, and Amboy Bank -- written agreement dated June 29, 2009, terminated June 29, 2018.
- Announced, July 3, 2018

East Cambridge Savings Bank, Cambridge, Massachusetts -- issuance of a consent order of prohibition against Vasken Papazian, a former institution-affiliated party of East Cambridge Savings Bank.
- Announced, June 26, 2018

SmartBank, Pigeon Forge, Tennessee -- issuance of a consent order of prohibition against Connie Clabo, a former institution-affiliated party of SmartBank.
- Announced, June 26, 2018

First South Bancorp, Inc., Spartanburg, South Carolina -- written agreement dated November 23, 2010, terminated June 19, 2018.
- Announced, June 22, 2018

Heartland Bank, Little Rock, Arkansas, and Rock Bancshares, Inc. -- issuance of consent order of prohibition against L. Walter Quinn, a former institution-affiliated party.
- Announced, June 21, 2018

Patterson Bankshares, Inc., Patterson, Georgia -- written agreement dated June 1, 2010, terminated June 7, 2018.
- Announced, June 12, 2018

Regions Bank, Birmingham, Alabama -- issuance of a consent order of prohibition against Ashley N. Burrus, a former institution-affiliated party of Regions Bank.
- Announced, June 12, 2018

Goldman Sachs & Co., New York, New York -- issuance of an opinion and order granting enforcement counsel's motion to temporarily stay proceedings in the Board's enforcement action against Joseph Jiampietro, a former institution-affiliated party of Goldman Sachs.
- Approved, June 4, 2018

Hometown Bancshares, Inc., Carthage, Missouri -- written agreement dated April 28, 2009, terminated May 16, 2018.
- Announced, May 22, 2018

Regions Bank, Birmingham, Alabama -- issuance of consent orders of prohibition against Nathaniel Frazier and Jeffrey Garrison, former institution-affiliated parties, and dismissal of administrative enforcement proceedings against these individuals.
- Approved, May 18, 2018

Barclays Bank, plc, London, England, and its New York, New York, branch -- cease-and-desist order dated August 16, 2010, terminated May 11, 2018.
- Announced, May 15, 2018

Oklahoma Capital Bank (formerly, Freedom Bank of Oklahoma), Tulsa, Oklahoma -- written agreement dated April 16, 2013, terminated May 10, 2018.
- Announced, May 15, 2018

The Bank of Fayette County, Piperton, Tennessee -- issuance of a consent order of assessment of a civil money penalty.
- Announced, May 1, 2018

Regions Bank, Birmingham, Alabama -- issuance of a consent order of prohibition against Gayle A. Kendrick, a former institution-affiliated party of Regions Bank.
- Announced, April 26, 2018

Rock Bancshares, Inc., Little Rock, Arkansas, and Heartland Bank -- written agreement dated December 13, 2016, terminated April 23, 2018.
- Announced, April 26, 2018

Brickyard Bancorp, Inc., Lincolnwood, Illinois -- written agreement dated May 22, 2003, terminated April 18, 2018.
- Announced, April 24, 2018

Hua Nan Commercial Bank Limited, Taipei City, Taiwan; and Hua Nan Commercial Bank Limited New York Agency, New York, New York -- issuance of a consent cease-and-desist order.
- Announced, April 19, 2018

Porter Bancorp, Inc., Louisville, Kentucky -- written agreement dated September 21, 2011, terminated April 10, 2018.
- Announced, April 12, 2018

Turkiye Cumhuriyeti Ziraat Bankasi A.S., Ankara, Turkey -- written agreement dated June 25, 2014, terminated March 20, 2018.
- Announced, April 5, 2018

The Goldman Sachs Group, Inc., New York, New York -- issuance of a consent cease-and-desist order and assessment of a civil money penalty.
- Approved, April 2, 2018

Frost Bank, San Antonio, Texas -- issuance of a notice of intent to prohibit and a notice of intent to issue a cease-and-desist order, and assessment of a civil money penalty, against Raysol Villalobos, a/k/a Ray Galvan, a former institution-affiliated party of Frost Bank.
- Approved, March 19, 2018

Regions Bank, Birmingham, Alabama -- issuance of notice of intent to prohibit and notice of assessment of civil money penalties against Nathaniel Frazier and Jeffrey Garrison, former institution-affiliated parties of Regions Bank.
- Approved, March 14, 2018

Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China, and its branch in New York, New York -- issuance of a consent cease-and-desist order.
- Announced, March 13, 2018

The Royal Bank of Scotland Group, plc, Edinburgh, Scotland; The Royal Bank of Scotland plc and its branches in New York and Connecticut; and The Royal Bank of Scotland N.V., Amsterdam, The Netherlands, and its branches in New York and Illinois -- cease-and-desist order dated July 26, 2011, terminated March 6, 2018.
- Announced, March 8, 2018

Trinity Capital Corporation, Los Alamos, New Mexico -- written agreement dated September 26, 2013, terminated February 27, 2018.
- Announced, March 6, 2018

Clear Mountain Bank, Bruceton Mills, West Virginia -- issuance of a consent order of assessment of a civil money penalty.
- Announced, February 15, 2018

Compass Bank, Birmingham, Alabama -- issuance of a consent order of prohibition against Eric Scott Darty, a former institution-affiliated party of Compass Bank.
- Announced, February 13, 2018

Cornerstone Bancshares, Inc., Overland Park, Kansas -- written agreement dated January 14, 2010, terminated February 8, 2018.
- Announced, February 13, 2018

U.S. Bancorp, Minneapolis, Minnesota, and USB Americas Holdings Company -- issuance of a consent cease-and-desist and order of assessment of a civil money penalty.
- Approved, February 9, 2018

Barclays Bank PLC (Barclays), New York Branch, New York, New York -- issuance of a notice of intent to prohibit and notice of assessment of a civil money penalty against Peter Little, a former institution-affiliated party of the New York Branch of Barclays.
- Approved, February 9, 2018

CBOA Financial, Inc., Tucson, Arizona -- written agreement dated May 28, 2014, terminated February 2, 2018.
- Announced, February 6, 2018

NBRS Financial, Rising Sun, Maryland -- issuance of a notice of intent to prohibit against Jacob H. Goldstein, a former institution-affiliated party.
- Approved, February 5, 2018

Wells Fargo & Company, San Francisco, California -- consent cease-and-desist order against Wells Fargo & Company for unsafe or unsound practices related to the firm's governance and risk management that led to violations of law, and associated letters.
- Approved, February 2, 2018

Bank of Gueydan, Gueydan, Louisiana -- written agreement issued August 12, 2014, terminated January 25, 2018.
- Announced, January 30, 2018

J.P. Morgan Securities (Asia Pacific) Limited, Hong Kong, China -- determination denying the request by Fang Fang, a former institution-affiliated party, for interlocutory review of an order issued by the administrative law judge in connection with an enforcement matter.
- Approved, January 29, 2018

Putnam County Bank, Hurricane, West Virginia -- issuance of a cease-and-desist order and assessment of a civil money penalty upon the consent of Jeffrey R. Davis, a former institution-affiliated party.
- Announced, January 25, 2018

Heartland Bank, Little Rock, Arkansas -- termination of a prompt-corrective-action directive issued on August 15, 2017.
- Approved, January 16, 2018

Goldman Sachs Bank USA, New York, New York -- issuance of a consent order of assessment of a civil money penalty.
- Announced, January 12, 2018

Mega International Commercial Bank Co., Ltd., Taipei, Taiwan -- issuance of a consent cease-and-desist order and assessment of a civil money penalty against Mega International Commercial Bank Co. and its New York, Chicago, and San Jose branches based on deficiencies in compliance with Bank Secrecy Act and anti-money-laundering laws.
- Approved, January 12, 2018

American Express Company, New York, New York, and American Express Travel Related Services Company, Inc. -- consent order dated October 1, 2012, terminated January 8, 2018.
- Announced, January 11, 2018

Enforcement Action -- determination denying the motion by Christopher Ashton, a former institution-affiliated party of Barclays Bank PLC, to vacate, void, and dismiss the Board's final decision, notice of assessment, and order of prohibition against him.
- Approved, January 11, 2018

Liberty Bank, South San Francisco, California -- written agreement dated August 5, 2016, terminated January 8, 2018.
- Announced, January 11, 2018

Enforcement Actions -- termination of enforcement actions related to residential mortgage loan servicing and foreclosure processing against 10 banking organizations (Bank of America Corporation; CIT Group, Inc., as successor to IMB HoldCo LLC; Ally Financial Inc.; The Goldman Sachs Group, Inc.; HSBC North America Holdings, Inc.; JPMorgan Chase & Co.; Morgan Stanley; The PNC Financial Services Group, Inc.; SunTrust Banks, Inc.; and U.S. Bancorp), civil money penalties against five banking organizations (Goldman Sachs; Morgan Stanley; CIT Group; U.S. Bancorp; and PNC), termination of two interagency orders against service providers (Lender Processing Services, Inc., succeeded by ServiceLink Holdings, LLC, and MERSCORP, Inc., now known as MERSCORP Holdings, Inc.) and other related actions.
- Approved, January 8, 2018

AmBank Holdings, Inc., Davenport, Iowa -- written agreement dated February 2, 2012, terminated December 27, 2017.
- Announced, January 4, 2018

Extensions Of Time

"Volcker rule" -- extension to October 17, 2018, of the comment period on the proposed interagency rule to simplify and tailor compliance requirements for the Volcker rule.
- Announced, September 4, 2018

Secretary

E*Trade Financial Corporation (E*Trade), New York, New York -- extension of time to comply with the CEO attestation requirement under Appendix B of the Board's Regulation VV.
- Granted, August 24, 2018

Citigroup Inc., New York, New York -- extension of time to dispose of certain property.
- Granted, August 23, 2018

Director, Banking Supervision and Regulation

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
- Granted, August 14, 2018

Secretary

CNB Bank Shares, Inc., Carlinville, Illinois -- extension of time to meet certain regulatory reporting requirements.
- Granted, August 9, 2018

Secretary

CB Financial Services, Inc., Carmichaels, Pennsylvania -- extension of time to meet certain regulatory reporting requirements.
- Granted, August 9, 2018

Secretary

Old Point Financial Corporation, Hampton, Virginia -- extension of time to meet certain regulatory reporting requirements.
- Granted, August 9, 2018

JPMorgan Chase & Co., New York, New York -- extension of time to conform or divest a merchant banking investment.
- Granted, August 6, 2018

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
- Granted, August 3, 2018

Wells Fargo, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
- Granted, July 5, 2018

Secretary

SVB Financial Group, Santa Clara, California, and Silicon Valley Bank -- extension of time to comply with certain prudential requirements.
- Granted, July 2, 2018

PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- extension of time to conform or divest a merchant banking investment.
- Granted, June 27, 2018

Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
- Granted, June 26, 2018

Secretary

PTB Corporation, Salem, Oregon -- extension of time to dispose of certain properties acquired in satisfaction of a debt previously contracted.
- Granted, June 21, 2018

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
- Granted, June 20, 2018

First Citizens Bancshares, Inc., Raleigh, North Carolina -- extension of time for temporary relief from certain commitments.
- Granted, June 5, 2018

Secretary

Royal Bank of Canada, Montreal, Canada, and RBC USA Holdco Corporation, New York, New York -- extension of time to comply with certain regulatory requirements.
- Granted, June 5, 2018

Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
- Granted, May 31, 2018

JPMorgan Chase & Co., New York, New York -- extension of time to conform or divest a merchant banking investment.
- Granted, May 29, 2018

Secretary

Leverage Ratio Requirements -- extension to June 25, 2018, of the comment period on the proposed interagency rule to modify the enhanced supplementary leverage ratio standards for global systemically important bank holding companies (G-SIBs) and certain G-SIB subsidiaries.
- Approved, May 17, 2018

Secretary

Ameris Bancorp, Moultrie, Georgia -- commenter's request to extend the comment period on the application to merge with Hamilton State Bancshares, Inc., Hoschton, and thereby acquire Hamilton State Bank.
- Denied, April 30, 2018

Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
- Granted, April 19, 2018

Secretary

Barclays PLC, London, England, and Barclays Bank PLC -- commenter's request to extend the comment period on the application to retain Barclays US Holdings Limited, New York, New York, on its becoming a bank holding company by acquiring Barclays US LLC, New York, and thereby indirectly acquiring Barclays Bank Delaware, Wilmington, Delaware.
- Denied, February 26, 2018

Secretary

Ameris Bancorp, Moultrie, Georgia -- commenter's request to extend the comment period on the application to merge with Atlantic Coast Financial Corporation, Jacksonville, Florida, and thereby acquire Atlantic Coast Bank.
- Denied, February 22, 2018

First Citizens BancShares, Inc., Raleigh, North Carolina -- extension of time for temporary relief from certain commitments.
- Granted, February 12, 2018

Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
- Granted, January 22, 2018

Secretary

Morgan Stanley, New York, New York -- extension of time to dispose of certain assets.
- Granted, January 2, 2018

Banks, Foreign

Nordea Bank Abp, Helsinki, Finland -- to establish a branch in New York, New York.
- Approved, August 3, 2018

Lloyds Bank Corporate Markets plc, London, England -- to establish a branch in New York, New York.
- Approved, July 9, 2018

General Counsel

Development Bank of Japan, Inc. (DBJ), Tokyo, Japan -- request for a determination that DBJ continues to qualify as a "special-purpose foreign government-owned bank" under Regulation K.
- Approved, April 24, 2018

JN Bank Limited, Kingston, Jamaica -- to establish a representative office in Tamarac, Florida.
- Approved, April 13, 2018

Banco Santander, S.A., Madrid, Spain -- relief from a commitment.
- Granted, April 12, 2018

Victoria Mutual Building Society, Kingston, Jamaica -- waiver of the remainder of the prior-notification period to establish a representative office in New York, New York.
- Approved, February 8, 2018

BNP Paribas, Paris, France -- relief from certain commitments.
- Granted, January 18, 2018

Deutsche Pfandbriefbank AG, Unterschleissheim, Germany -- to establish a representative office in New York, New York.
- Approved, January 3, 2018

Forms

Forms -- temporary revision of the Consolidated Financial Statements for Holding Companies (FR Y-9C) and Complex Institution Liquidity Monitoring Report (FR 2052a) to comply with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
- Approved, September 4, 2018

Forms -- initial Board review to extend with revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with the Home Mortgage Disclosure Act (HMDA) and Loan/Application Register (LAR) required by Regulation C (FR HMDA LAR).
- Proposed, August 21, 2018

Forms -- initial Board review to implement the Report of Institution-to-Aggregate Granular Data on Assets and Liabilities on an Immediate Counterparty Basis (FR 2510).
- Proposed, August 21, 2018

Forms -- final Board review of a proposal to extend with revision the Reporting Requirements Associated with Regulation QQ (Reg QQ).
- Approved, August 15, 2018

Forms -- initial Board review to extend without revision the Supervisory and Regulatory Survey (FR 3052).
- Proposed, August 15, 2018

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K) (FR 2064).
- Approved, August 15, 2018

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with Regulation GG (Prohibition on Funding of Unlawful Internet Gambling) (FR 4026).
- Approved, August 15, 2018

Forms -- final Board review to extend with revision the Report of Selected Money Market Rates (FR 2420).
- Approved, August 9, 2018

Forms -- final Board review to (1) extend with revision the Financial Statements of U.S. Nonbank Subsidiaries of U.S. Bank Holding Companies, Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations, and Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-11, FR 2314, and FR Y-7N) and (2) extend without revision the Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Bank Holding Companies, Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations, Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations, and Capital and Asset Report of Foreign Banking Organizations (FR Y-11S, FR 2314S, FR Y-7NS, and FR Y-7Q).
- Approved, August 1, 2018

Forms -- initial Board review to revise without extension the Capital Assessments and Stress Testing (FR Y-14A/Q/M).
- Proposed, July 31, 2018

Forms -- final Board review to extend without revision the Senior Financial Officer Survey (FR 2023).
- Approved, July 31, 2018

Forms -- final Board review to extend with revision the International Applications and Prior Notifications under Subparts A and C of Regulation K (FR K-1); International Applications and Prior Notifications under Subpart B of Regulation K (FR K-2); Application for a Foreign Organization to Acquire a U.S. Bank or Bank Holding Company (FR Y-3F); Application for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y-3); Notification for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y-3N); and Notification for Prior Approval to Engage Directly or Indirectly in Certain Nonbanking Activities (FR Y-4).
- Approved, July 13, 2018

Forms -- final Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with Consumer Financial Protection Bureau's (CFPB) Regulation B (Equal Credit Opportunity Act) (FR B).
- Approved, June 27, 2018

Forms -- final Board review to extend with revision the Banking Organization Systemic Risk Report (FR Y-15).
- Approved, June 27, 2018

Forms -- initial Board review to extend without revision the Interagency Guidance on Managing Compliance and Reputation Risks for Reverse Mortgage Products (FR 4029).
- Proposed, June 27, 2018

Forms -- final Board review to extend without revision the Federal Reserve Clearance for Board Public Website Usability Surveys (FR 3076).
- Approved, June 15, 2018

Forms -- final Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with Consumer Financial Protection Bureau's (CFPB) Regulation M (Consumer Leasing) (FR M).
- Approved, June 14, 2018

Forms -- final Board review to extend with revision the Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates (FR Y-8).
- Approved, June 11, 2018

Forms -- final Board review to extend without revision the 2019 Survey of Consumer Finances (FR 3059).
- Approved, May 30, 2018

Forms -- initial Board review to extend without revision the Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K) (FR 2064).
- Proposed, May 15, 2018

Forms -- initial Board review to extend with revision the Report of Selected Money Market Rates (FR 2420).
- Proposed, May 10, 2018

Forms -- final Board review to extend with revision the Registration Statement for Persons Who Extend Credit Secured by Margin Stock (Other Than Banks, Brokers, or Dealers), Deregistration Statement for Persons Registered Pursuant to Regulation U, and Annual Report (FR G-1, FR G-2, and FR G-4); and to extend without revision the Statement of Purpose for an Extension of Credit Secured by Margin Stock by a Person Subject to Registration Under Regulation U, Statement of Purpose for an Extension of Credit by a Creditor, and Statement of Purpose for an Extension of Credit Secured by Margin Stock (FR G-3, FR T-4, and FR U-1).
- Approved, May 10, 2018

Forms -- initial Board review to extend without revision the Senior Financial Officer Survey (FR 2023).
- Proposed, May 8, 2018

Forms -- final Board review to extend without revision the Senior Loan Officer Opinion Survey on Bank Lending Practices (FR 2018).
- Approved, May 8, 2018

Forms -- final Board review to extend with revision the Report of Transaction Accounts, Other Deposits, and Vault Cash (FR 2900); Annual Report of Deposits and Reservable Liabilities (FR 2910a); Report of Foreign (Non-U.S.) Currency Deposits (FR 2915); and Allocation of Low Reserve Tranche and Reservable Liabilities Exemption (FR 2930).
- Approved, May 8, 2018

Forms -- final Board review to extend without revision the Quarterly Report of Interest Rates on Selected Direct Consumer Installment Loans and Quarterly Report of Credit Card Plans (FR 2835 and FR 2835a).
- Approved, May 8, 2018

Forms -- final Board review to extend without revision the Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks (FR 2502q).
- Approved, May 8, 2018

Forms -- initial Board review to (1) extend with revision the Financial Statements of U.S. Nonbank Subsidiaries of U.S. Bank Holding Companies, Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations, and Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-11, FR 2314, and FR Y-7N) and (2) extend without revision the Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Bank Holding Companies, Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations, Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations, and Capital and Asset Report for Foreign Banking Organizations (FR Y-11S, FR 2314S, FR Y-7NS, and FR Y-7Q).
- Proposed, April 24, 2018

Forms -- initial Board review to extend with revision the Consolidated Financial Statements for Holding Companies, Parent Company Only Financial Statements for Large Holding Companies, Parent Company Only Financial Statements for Small Holding Companies, Financial Statements for Employee Stock Ownership Plan Holding Companies, and Supplement to the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-9ES, and FR Y-9CS).
- Proposed, April 24, 2018

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with Limitations on Interbank Liabilities (Regulation F).
- Approved, April 24, 2018

Forms -- initial Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with Consumer Financial Protection Bureau's (CFPB) Regulation B (Equal Credit Opportunity Act) (FR B).
- Proposed, April 9, 2018

Forms -- initial Board review to discontinue the Consumer Financial Stability Surveys (FR 3053).
- Proposed, April 8, 2018

Forms -- initial Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with Consumer Financial Protection Bureau's (CFPB) Regulation M (Consumer Leasing) (FR M).
- Proposed, April 2, 2018

Forms -- initial Board review to extend without revision the Federal Reserve Clearance for Board Public Website Usability Surveys (FR 3076).
- Proposed, April 2, 2018

Forms -- initial Board review to extend with revision the International Applications and Prior Notifications under Subparts A and C of Regulation K (FR K-1); International Applications and Prior Notifications under Subpart B of Regulation K (FR K-2); Application for a Foreign Organization to Acquire a U.S. Bank or Bank Holding Company (FR Y-3F); Application for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y-3); Notification for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y-3N); and Notification for Prior Approval to Engage Directly or Indirectly in Certain Nonbanking Activities (FR Y-4).
- Proposed, March 19, 2018

Forms -- final Board review (1) to extend with revision the Consolidated Financial Statements for Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP), and Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP) and (2) to extend without revision the Financial Statements for Employee Stock Ownership Plan Holding Companies (FR Y-9ES) and Supplement to the Consolidated Financial Statements for Holding Companies (FR Y-9CS).
- Approved, March 15, 2018

Forms -- initial Board review to extend without revision the Recordkeeping Requirements Associated with Regulation GG (Prohibition on Funding of Unlawful Internet Gambling) (FR 4026).
- Proposed, March 14, 2018

Forms -- initial Board review to extend without revision the Survey of Consumer Finances (FR 3059).
- Proposed, March 8, 2018

Forms -- initial Board review to extend with revision the Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates (FR Y-8).
- Proposed, March 7, 2018

Forms -- final Board review to extend with revision the Interagency Bank Merger Act Application (FR 2070), Interagency Notice of Change in Control (FR 2081a), Interagency Notice of Change in Director or Senior Executive Officer (FR 2081b), and Interagency Biographical and Financial Report (FR 2081c).
- Approved, March 7, 2018

Forms -- initial Board review to extend without revision the Senior Loan Officer Opinion Survey on Bank Lending Practices (FR 2018).
- Proposed, February 14, 2018

Forms -- initial Board review to extend without revision the Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks (FR 2502q).
- Proposed, February 14, 2018

Forms -- initial Board review to extend without revision the Quarterly Report of Interest Rates on Selected Consumer Installment Loans (FR 2835) and Quarterly Report of Credit Card Plans (FR 2835a).
- Proposed, February 14, 2018

Forms -- initial Board review to extend with revision the Report of Transaction Accounts, Other Deposits, and Vault Cash (FR 2900), Annual Report of Deposits and Reservable Liabilities (FR 2910a), Report of Foreign (Non-U.S.) Currency Deposits (FR 2915), and Allocation of Low Reserve Tranche and Reservable Liabilities Exemption (FR 2930).
- Proposed, February 14, 2018

Forms -- initial Board review to discontinue the Microeconomic Survey (FR 3051).
- Proposed, February 14, 2018

Forms -- final Board review to extend without revision the Disclosure Requirements Associated with the Consumer Financial Protection Bureau's Regulation DD (FR DD).
- Approved, February 9, 2018

Forms -- initial Board review to extend without revision the Policy Impact Survey (FR 3075).
- Proposed, February 9, 2018

Forms -- final Board review to complete the transition of the Federal Reserve's Annual Company-Run Stress Test Report for State Member Banks, Bank Holding Companies, and Savings and Loan Holding Companies with Total Consolidated Assets Greater Than $10 Billion and Less Than $50 Billion (FR Y-16) to a Federal Financial Institutions Examination Council reporting form (FFIEC 016).
- Approved, February 9, 2018

Forms -- final Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with Securities Transactions Pursuant to Regulation H (Reg H-3).
- Approved, February 9, 2018

Forms -- final Board review to extend with revision the Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies (FR Y-11), Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies (FR Y-11S), Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314), and Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314S).
- Approved, January 18, 2018

Forms -- final Board review to revise without extension the Structure Reporting Requirements for Domestic and Foreign Banking Organizations (FR Y-6, FR Y-7, FR Y-10, and FR Y-10E).
- Approved, January 18, 2018

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks (Reg H-5).
- Approved, January 17, 2018

Forms -- final Board review to extend without revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with the Guidance on Response Programs for Unauthorized Access to Customer Information (FR 4100).
- Approved, January 17, 2018

Forms -- initial Board review to extend with revision the Margin Credit Reports related to extensions of credit secured by margin stock (FR G-1, FR G-2, FR G-3, FR G-4, FR T-4, and FR U-1).
- Proposed, January 17, 2018

Forms -- initial Board review to extend without revision the Recordkeeping Requirements Associated with Limitations on Interbank Liabilities (Regulation F).
- Proposed, January 17, 2018

Forms -- final Board review to extend with revision the Consolidated Financial Statements for Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP), Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP), Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-7N), and Consolidated Report of Condition and Income for Edge and Agreement Corporations (FR 2886b); and to extend without revision the Financial Statements for Employee Stock Ownership Plan Holding Companies (FR Y-9ES) and Supplement to the Consolidated Financial Statements for Holding Companies (FR Y-9CS), Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-7NS), and Capital and Asset Report for Foreign Banking Organizations (FR Y-7Q).
- Approved, January 12, 2018

Forms -- initial Board review to extend with revision the Reporting Requirements Associated with Regulation QQ.
- Proposed, January 12, 2018

International Operations

Wells Fargo Bank, N.A., Sioux Falls, South Dakota, and Wells Fargo International Banking Corporation, Charlotte, North Carolina -- waiver of remainder of the prior-notice period to make an investment in Wells Fargo Capital Finance Corporation Canada, Toronto, Canada.
- Granted, September 7, 2018

State Street Corporation, Boston, Massachusetts -- prior notice for State Street Bank and Trust Company, Boston, and State Street International Holdings to invest in BestX Ltd., London, England, and BestX USA Inc., Jersey City, New Jersey.
- No Objection, August 30, 2018

State Street Corporation, Boston, Massachusetts -- prior notice for State Street International Holdings, Boston, to invest in Charles River Development Limited, London, England; Charles River Development Ireland Ltd., Dublin, Ireland; and Charles River Development Limited, Hong Kong, People's Republic of China.
- No Objection, August 30, 2018

Bank of America, National Association, Charlotte, North Carolina -- waiver of remainder of the prior-notification period to make an investment in Bank of America (China) Limited, Shanghai, People's Republic of China.
- Granted, June 8, 2018

TCF Bank International, Inc., Wayzata, Minnesota -- waiver of remainder of prior-notification period to make an additional investment in TCF Commercial Finance Canada, Inc., Oakville, Ontario, Canada.
- Granted, March 28, 2018

Citibank Overseas Investment Corporation, New Castle, Delaware -- waiver of remainder of prior-notification period to make an investment in Citigroup Global Markets Deutschland AG, Frankfurt, Germany.
- Granted, February 5, 2018

Banks, Nonmember, And Miscellaneous Institutions

Tailwind Capital Group, LLC, New York, New York -- relief from certain commitments.
- Granted, August 31, 2018

EJF Capital, LLC, et al., Arlington, Virginia -- relief from certain commitments.
- Granted, August 24, 2018

Benedict College, Columbia, South Carolina -- relief from certain commitments.
- Granted, August 15, 2018

EJF Capital LLC, et al., Arlington, Virginia -- relief from certain commitments (two requests).
- Granted, June 28, 2018

EJF Capital LLC, et al., Arlington, Virginia -- relief from certain commitments.
- Granted, June 25, 2018

Hildene Capital Management, Stamford, Connecticut -- relief from certain commitments (three requests).
- Granted, May 30, 2018

Continental Investors Fund, LLC, Chicago, Illinois, and Continental Investors -- relief from certain commitments.
- Granted, May 21, 2018

Laborers International Union of North America, Washington, D.C. -- commitment relief request.
- Granted, April 16, 2018

Government of Singapore Investment Corporation Pte Ltd (now GIC Private Limited), Singapore -- relief from certain commitments.
- Granted, March 5, 2018

Mayo Clinic, Rochester, Minnesota, et al. -- relief from certain commitments.
- Granted, February 7, 2018

Reserve Bank Operations

Reserve Bank Reporting Requirements -- revisions to update reporting requirements related to Reserve Bank legal matters.
- Approved, May 14, 2018

Federal Reserve Bank of Atlanta -- appointment of André T. Anderson as first vice president.
- Approved, May 10, 2018

Federal Reserve Bank of Richmond -- appointment of Becky C. Bareford as first vice president.
- Approved, April 27, 2018

Federal Reserve Bank of New York -- appointment of John C. Williams as president, effective June 18, 2018.
- Approved, April 3, 2018

Reserve Bank Directors -- designation of chairs and deputy chairs of the Federal Reserve Banks for 2018.
- Announced, January 10, 2018

Reserve Bank Services

Fedwire Funds -- publication for comment of a proposal to adopt a new message format for the Fedwire Funds Service.
- Approved, June 27, 2018

Regulations And Policies

Regulation CC (Availability of Funds and Collection of Checks) -- final amendments to address disputes between banks about whether an electronic check has been altered in certain cases of doubt, when an original paper check is not available for inspection.
- Approved, September 4, 2018

Liquidity Coverage Ratio (LCR) -- interagency interim final rule and request for comment to modify the LCR rule to treat certain municipal obligations as high-quality liquid assets, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
- Approved, August 21, 2018

Small Bank Holding Company and Savings and Loan Holding Company Policy Statement -- (1) interim final rule and request for comment to raise the asset size threshold, from $1 billion to $3 billion of total consolidated assets, for determining applicability of the policy statement, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act; and (2) associated changes to reporting requirements.
- Approved, August 21, 2018

Examination Cycle -- interagency interim final rule and request for comment to increase the asset threshold below which certain small insured depository institutions and U.S. branches and agencies of foreign banks may qualify for an extended examination cycle, from 12 to 18 months, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
- Approved, August 21, 2018

Prepaid Cards -- annual report to Congress on government-administered, general-use prepaid cards, in accordance with the Dodd-Frank Act.
- Approved, August 10, 2018

Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) -- Board and interagency statements on the impact of EGRRCPA, including changes in regulatory and reporting requirements for banking organizations with less than $100 billion in total consolidated assets.
- Approved, July 4, 2018

Resolution Plan Guidance -- publication for comment of proposed joint guidance for eight large, complex U.S. banking organizations regarding their future resolution-plan submissions.
- Approved, June 28, 2018

Credit Card Plans -- annual report to Congress on the profitability of credit card operations of depository institutions.
- Approved, June 27, 2018

Financial Sector Liabilities -- annual determination of the aggregate consolidated liabilities of financial companies, as required by section 622 of the Dodd-Frank Act.
- Approved, June 27, 2018

Host State Lending Ratios -- interagency release of the host state loan-to-deposit ratios used by the banking agencies to determine compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act.
- Announced, June 15, 2018

Regulations and Policies -- final rule to establish single-counterparty credit limits and initial Board review to implement a new information collection, Single-Counterparty Credit Limits (FR 2590), and associated notice requirements in connection with the final rule.
- Approved, June 14, 2018

Volcker rule -- interagency notice of proposed rulemaking and request for public comment to revise the compliance requirements relating to the Volcker rule.
- Announced, June 5, 2018

Regulation VV (Proprietary Trading and Certain Interests in and Relationships with Covered Funds) -- notice of proposed rulemaking with request for comment to simplify and tailor requirements relating to the "Volcker rule."
- Approved, May 30, 2018

Regulation A (Extensions of Credit by Federal Reserve Banks) -- final rule to (1) revise the provisions regarding the establishment of the primary credit rate in a financial emergency and (2) delete references to the expired Term Asset-Backed Securities Loan Facility program.
- Approved, April 30, 2018

Federal Reserve Policy on Payment System Risk -- notice and request for comment on a risk-focused expansion in the use of real-time monitoring for Fedwire funds transfers.
- Approved, April 26, 2018

Secretary

Regulatory Capital Rules -- final rule to correct amendments to the regulatory capital rule.
- Published, April 20, 2018

Minority Depository Institutions -- annual report to Congress on preserving minority depository institutions, in accordance with the Dodd-Frank Act.
- Published, April 10, 2018

Regulatory Capital Rule -- publication for comment of a joint notice of proposed rulemaking to revise the Board's regulatory capital rule to address upcoming changes to credit loss accounting under U.S. generally accepted accounting standards.
- Approved, April 10, 2018

Supplementary Leverage Ratio -- publication for comment of a joint notice of proposed rulemaking to modify the enhanced supplementary leverage ratio standards for U.S. top-tier bank holding companies identified as global systemically important bank holding companies (G-SIBs) and certain insured depository institution subsidiaries of the G-SIBs.
- Approved, April 10, 2018

Regulatory Capital, Capital Plan, and Stress Test Rules -- publication for comment of a notice of proposed rulemaking designed to simplify the Board's regulatory capital framework by more closely integrating its regulatory capital rule and capital plan rule.
- Approved, April 9, 2018

Office of Minority and Women Inclusion -- 2017 annual report to Congress, in accordance with the Dodd-Frank Act.
- Published, March 30, 2018

Appraisal Requirements -- final interagency rule to increase the dollar threshold at or below which appraisals are not required for commercial real estate transactions.
- Approved, March 23, 2018

Regulation BB (Community Reinvestment) -- interagency notice to supplement and correct errors in the Regulation BB final rule published in the Federal Register on November 24, 2017.
- Approved, March 12, 2018

Rules Regarding Delegation of Authority -- final rule to delegate to the Secretary of the Board the authority to determine an appeal of denial of access to Board records under the Freedom of Information Act and the Privacy Act.
- Approved, February 27, 2018

Regulation J (Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire) -- publication for comment of proposed amendments (1) intended to align the rights and obligations of parties, including the Federal Reserve Banks, with the Board's 2017 amendments to Regulation CC (Availability of Funds and Collection of Checks), which reflected the evolution to the current virtually all-electronic check collection system; and (2) to clarify and simplify Regulation J and remove obsolete provisions.
- Approved, February 26, 2018

Disaster-Related CRA Consideration -- interagency statement granting favorable consideration under Community Reinvestment Act regulations to financial institutions outside of the U.S. Virgin Islands or Puerto Rico for activities to help revitalize or stabilize these areas.
- Announced, January 25, 2018

Regulation KK (Swaps Margin and Swaps Push-Out) -- publication for comment of interagency amendments that would (1) conform the definition of "Eligible Master Netting Agreement" in the swap margin rule to restrictions adopted in final rules on certain qualified financial contracts of systemically important banking organizations (QFC Rules) and (2) ensure that any legacy swap would not become subject to the swap margin rule if it is amended solely to comply with one of the QFC Rules.
- Approved, January 23, 2018

Supervisory Guidance for Large Financial Institutions -- publication for comment of proposed guidance describing core principles of effective senior management, the management of business lines, and independent risk management and controls for large financial institutions.
- Approved, January 1, 2018

Banks, State Member

Secretary

Bank of Hawaii, Honolulu, Hawaii -- to make a public welfare investment.
- Approved, August 22, 2018

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment through its subsidiary, WA PWI, LLC, Phoenix.
- Approved, August 10, 2018

Secretary

Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two requests).
- Approved, July 27, 2018

Secretary

First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
- Approved, July 25, 2018

State Street Bank and Trust Company, Boston, Massachusetts -- three requests to make certain public welfare investments.
- Approved, July 9, 2018

Public Welfare Investments -- (1) determination that New Markets Tax Credit Program (NMTC Program) investments are designed primarily to promote the public welfare within the meaning of section 9(23) of the Federal Reserve Act; and (2) request by Banco Popular de Puerto Rico, San Juan, Puerto Rico to make NMTC Program investments.
- Approved, June 28, 2018

East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, June 28, 2018

Secretary

Regions Bank, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, June 21, 2018

Secretary

First Financial Bank, Cincinnati, Ohio -- to make a public welfare investment.
- Approved, June 14, 2018

Secretary

Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Approved, June 1, 2018

The Bank of New York Mellon, New York, New York, and Mellon Overseas Investment Corporation -- requests to make noncash dividends as part of an internal corporate reorganization.
- Approved, April 26, 2018

Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
- Approved, April 20, 2018

Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Approved, April 20, 2018

Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two requests).
- Approved, April 12, 2018

Silicon Valley Bank, Santa Clara, California -- to make certain public welfare investments (two requests).
- Approved, March 22, 2018

Comerica Bank, Dallas, Texas -- to make a public welfare investment.
- Approved, February 16, 2018

Comerica Bank, Dallas, Texas -- to make a public welfare investment.
- Approved, February 15, 2018

East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, February 2, 2018

Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Approved, January 26, 2018

Huron Community Bank, East Tawas, Michigan -- to acquire certain assets and assume certain liabilities of a branch of First Federal of Northern Michigan, Alpena, a federal savings association subsidiary of First Northern Michigan Bancorp, Inc.
- Approved, January 12, 2018

Silicon Valley Bank, Santa Clara, California -- to make certain public welfare investments (two requests).
- Approved, January 10, 2018

Testimony And Statements

Monetary Policy -- statement by Chairman Powell before the Senate Committee on Banking, Housing, and Urban Affairs on July 17 and the House Committee on Financial Services on July 18, 2018, on the semiannual monetary policy report to the Congress.
- Published, July 17, 2018

Supervision and Regulation -- semiannual statement by Vice Chairman for Supervision Quarles before the House Committee on Financial Services on April 17 and the Senate Committee on Banking, Housing, and Urban Affairs on April 19, 2018, on the Federal Reserve's regulation and supervision of financial institutions.
- Published, April 17, 2018

Monetary Policy -- statement by Chairman Powell before the House Committee on Financial Services on February 27 and the Senate Committee on Banking, Housing, and Urban Affairs on March 1, 2018, on the semiannual monetary policy report to the Congress.
- Published, February 27, 2018

Personnel

Division of Research and Statistics -- appointment of Lacey Dingman-Woodsmall as senior associate director.
- Approved, September 4, 2018

Division of Supervision and Regulation -- appointment of Molly Mahar as associate director and James Ray Diggs, Susan Motyka, and Joanne Wakim as deputy associate directors.
- Announced, August 22, 2018

Division of Monetary Affairs -- appointment of Katherine Tom as associate director.
- Approved, July 31, 2018

Division of Consumer and Community Affairs -- division restructuring and associated reassignments and appointment of Allen Fishbein as senior adviser.
- Announced, July 16, 2018

Division of Supervision and Regulation -- appointment of Robert Sarama as assistant director.
- Approved, June 27, 2018

Division of Monetary Affairs -- appointment of Min Wei as associate director and Eric Engstrom as deputy associate director, and title change for Laura Lipscomb to assistant director.
- Announced, June 26, 2018

Division of Monetary Affairs -- appointment of Zeynep Senyuz as assistant director.
- Approved, June 15, 2018

Division of Consumer and Community Affairs -- appointment of Amy Henderson as assistant director.
- Approved, May 30, 2018

Division of Information Technology -- appointment of Brian Lester, Scott Meyerle, and Langston Shaw as assistant directors.
- Approved, May 30, 2018

Management Division -- appointment of Ann Buckingham as deputy associate director.
- Announced, May 15, 2018

Division of Monetary Affairs (MA) -- appointment of Rebecca Zarutskie and Karen Brooks as assistant directors, and reassignment of David Bowman from the Division of International Finance to MA as senior adviser.
- Announced, May 8, 2018

Division of Supervision and Regulation -- temporary appointment of Michael Johnson, executive vice president at the Federal Reserve Bank of Atlanta, as deputy director.
- Approved, May 8, 2018

Division of Consumer and Community Affairs -- appointment of Caterina Petrucco-Littleton as assistant director.
- Announced, April 19, 2018

Division of Reserve Bank Operations and Payment Systems -- appointment of Larry Mize as senior associate director, Jeff Walker as deputy associate director, and Sonja Danburg and Brian Lawler as assistant directors.
- Announced, April 18, 2018

Management Division -- appointment of Kendra Lee Gastright as associate director.
- Approved, April 2, 2018

Division of Supervision and Regulation -- appointment of Arthur (Art) Lindo as deputy director.
- Announced, March 20, 2018

Office of Board Members -- appointment of Antulio Bomfim as special adviser to the Chairman.
- Announced, February 21, 2018

Division of International Finance -- appointment of Shaghil Ahmed, Brian M. Doyle, and Joseph W. Gruber as senior associate directors; Sally M. Davies as associate director; Carol C. Bertaut and Paul Wood as deputy associate directors; and Ricardo Correa, Andrea Raffo, and Robert Vigfusson as assistant directors.
- Announced, January 29, 2018

Division of Supervision and Regulation -- appointment of Karen Caplan, Keith Coughlin, and Vaishali Sack as assistant directors.
- Approved, January 12, 2018

Division of Financial Stability -- appointment of Elizabeth Klee as deputy associate director, Namirembe Mukasa as assistant director and chief of staff, and Chiara Scotti as assistant director.
- Announced, January 9, 2018

Monetary and Financial Policy

Term Deposit Facility -- floating-rate offering of seven-day term deposits with an early withdrawal feature, same-day settlement, and a maximum tender amount of $250 million on August 23, 2018.
- Announced, August 16, 2018

Savings and Loan Holding Companies

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, August 6, 2018

General Counsel

Century Next Financial Corporation, Ruston, Louisiana -- waivers of applications under the Bank Holding Company Act and the Home Owners' Loan Act to acquire Ashley Bancstock Company, Crossett, Arkansas, and First National Bank of Crossett (Crossett Bank), in connection with Crossett Bank's merger with and into Bank of Ruston, Ruston.
- Granted, August 2, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, July 19, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, June 28, 2018

General Counsel

Capitol Federal Financial, Inc., Topeka, Kansas -- waivers of applications under the Bank Holding Company Act and the Home Owners' Loan Act to acquire Capital City Bancshares, Topeka, and Capital City Bank, in connection with the merger of Capital City Bank with and into Capitol Federal Savings Bank.
- Granted, June 26, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, June 21, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, May 29, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- exemption requests to permit two individuals to become institution-affiliated parties.
- Granted, May 17, 2018

The Charles Schwab Corporation, San Francisco, California -- to acquire Charles Schwab Trust Bank, Henderson, Nevada, a de novo state savings bank.
- Approved, March 19, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, March 12, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- exemption requests to permit two individuals to become institution-affiliated parties.
- Granted, March 6, 2018

General Counsel

United Services Automobile Association, San Antonio, Texas -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, March 6, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, March 5, 2018

General Counsel

Kearny Financial Corporation, Fairfield, New Jersey -- waiver of application to acquire Clifton Bancorp Inc., Clifton, and Clifton Savings Bank, in connection with Clifton Savings Bank's merger with and into Kearny Bank, Kearny.
- Granted, February 26, 2018

General Counsel

Union Savings and Loan Association (Union), New Orleans, Louisiana -- waiver of application to acquire Hibernia Bancorp, Inc., New Orleans, and Hibernia Bank, in connection with Hibernia Bank's merger with and into Union.
- Granted, February 23, 2018

Wawel Financial Services, MHC, Garfield, New Jersey -- (1) to dispose of its subsidiary, Wawel Bank, Garfield, pursuant to a merger agreement with Spencer Savings Bank, Elmwood Park, and to dissolve following the disposition of Wawel Bank; and (2) for the Board to delegate authority to the Reserve Banks to approve future dissolution requests from mutual holding companies.
- Approved, January 24, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
- Granted, January 8, 2018

Monetary Policy Implementation

Federal Open Market Committee -- increase in the target range for the federal funds rate to 1-1/2 percent to 1-3/4 percent, effective March 22, 2018.
- Announced, March 21, 2018

Supervision and Regulation

Resolution Plans -- joint determination to move the next resolution-plan filing dates (1) to July 1, 2020, for four large, complex foreign banking organizations and (2) to December 31, 2019, for Prudential Financial, Inc.
- Approved, August 27, 2018

Stress Tests and Capital Plan Reviews -- 2018 results.
- Approved, June 20, 2018

Resolution Plans -- joint determination with the Federal Deposit Insurance Corporation to move the next resolution-plan filing date for 14 domestic large banking organizations to December 31, 2019.
- Approved, June 15, 2018

Zions Bancorporation, N.A. (Zions), Salt Lake City, Utah -- determination that Zions will be the "successor entity" to Zions Bancorporation following the merger of Zions Bancorporation with and into its subsidiary national bank, ZB, N.A., Salt Lake City.
- Approved, February 26, 2018

Resolutions Plans -- issuance of joint letters by the Board and Federal Deposit Insurance Corporation describing expectations for the December 2018 resolution plans of Citizens Financial Group, Inc., and CIT Group Inc.
- Approved, February 14, 2018

Deutsche Bank AG, Frankfurt, Germany -- requests (1) to establish a second intermediate holding company to hold its U.S. asset management business and (2) for extensions of time for certain regulatory reporting requirements.
- Approved, February 13, 2018

Stress Test Scenarios -- issuance of scenarios for the 2018 Comprehensive Capital Analysis and Review and Dodd-Frank Act stress tests.
- Approved, January 23, 2018

Resolution Plans -- issuance of joint letters with the Federal Deposit Insurance Corporation to 19 large foreign banking organizations regarding the firms' resolution plans due in December 2018.
- Approved, January 23, 2018

Supervision and Regulation, Board Operations

Supervisory Appeals and Ombudsman Policy -- publication for comment of (1) proposed amendments to the Board's guidelines governing appeals of material supervisory determinations and (2) a revised policy statement governing the role of the Board's Ombudsman.
- Approved, February 9, 2018

Last Update: September 13, 2018