Board Actions

Actions taken during the week ending February 29, 2020

Banks, State Member

Public Welfare Investments -- (1) determination that certain investments in areas in which the poverty rate is 20 percent or more are designed primarily to promote the public welfare; and (2) for Banco Popular de Puerto Rico, San Juan, Puerto Rico, to make a public welfare investment.
-Approved, February 21, 2020
(A/C)

Regulations and Policies

Stress Capital Buffer -- final rule to simplify the Board's capital framework by establishing a stress capital buffer requirement.
-Approved, February 28, 2020