Board Actions

Actions taken during the week ending October 3, 2015

Testimony and Statements

Insurance Regulation -- statement by Thomas Sullivan, associate director, Division of Banking Supervision and Regulation, before a subcommittee of the House Committee on Financial Services on the Federal Reserve's role in domestic insurance supervisory and regulatory issues.
-Published, September 29, 2015

Advisory Councils

Community Depository Institutions Advisory Council -- announcement of members and designation of Michael J. Castellana as president and Janet Garufis as vice president for 2016.
-Announced, September 29, 2015

Bank Holding Companies

M&T Bank Corporation, Buffalo, New York -- to acquire Hudson City Bancorp, Inc., Paramus, New Jersey; and for M&T's subsidiary, Manufacturers and Traders Trust Company, Buffalo, to merge with Hudson City Savings Bank, FSB, Paramus, and thereby establish branches.
-Approved, September 29, 2015

Forms

Forms -- final Board review to extend without revision the Registration of a Securities Holding Company (FR 2082) and to extend with revision the Request for Proposal (RFP) and Request for Price Quotations (RFPQ).
-Approved, September 30, 2015

Personnel

Management Division -- appointment of Tameika Pope as associate director and chief human capital officer and Ann Buckingham as assistant director, reassignment of Todd Glissman to the Office of the Chief Operating Officer, and creation of four new officer positions, all in connection with a division restructuring.
-Announced, October 1, 2015

Enforcement

ABCT Holdings, Inc., Waco, Texas -- written agreement issued August 5, 2013, terminated September 28, 2015.
-Announced, October 1, 2015

Carver Bancorp, Inc., New York, New York -- cease and desist order issued by the Office of Thrift Supervision, dated February 7, 2011, terminated September 24, 2015.
-Announced, September 29, 2015

Countricorp, White Sulphur Springs, Montana -- written agreement issued January 29, 2013, terminated September 29, 2015.
-Announced, October 1, 2015

Oxford Financial Corporation, Oak Brook, Illinois -- written agreement issued November 29, 2010, terminated September 29, 2015.
-Announced, October 1, 2015