Board Actions

Actions taken during the week ending March 19, 2011

Bank Holding Companies

Chuo Mitsui Trust Holdings, Inc., Tokyo, Japan -- application to become a bank holding company and to acquire The Sumitomo Trust and Banking Company, Ltd., Osaka, and its subsidiary bank, Sumitomo Trust and Banking Co., Hoboken, New Jersey, and engage in certain nonbanking activities.
-Approved, March 13, 2011

Regulations and Policies

Regulation Z (Truth in Lending) -- final amendments to clarify certain aspects of prior rules applicable to open-end (not home-secured) credit plans issued under the Credit Card Accountability Responsibility and Disclosure Act.
-Approved, March 16, 2011

Enforcement

Pembina County Bankshares, Ltd., Cavalier, North Dakota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, March 15, 2011

Rurban Financial Corp., Defiance, Ohio, and Rurbanc Data Services, Inc. -- issuance of a consent cease and desist order.
-Announced, March 15, 2011

Tonganoxie Bankshares, Inc., Tonganoxie, Kansas -- written agreement with the Federal Reserve Bank of Kansas City.
-Announced, March 15, 2011