Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending December 3, 2022
Bank Holding Companies
Farmers National Banc Corp., Canfield, Ohio -- to acquire Emclaire Financial Corp., and thereby indirectly acquire The Farmers National Bank of Emlenton, both of Emlenton, Pennsylvania.
Approved: December 1, 2022
Deutsche Bank Trust Company Americas, New York, New York -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
Announced: December 1, 2022
Principles for climate-related financial risk management -- notice and request for comment on proposed principles for a high-level framework for the safe and sound management of exposures to climate-related financial risks for large banking organizations.
Approved: December 2, 2022
Regulations and Policies
Payment System Risk (PSR) Policy -- notice of changes to increase access to intraday credit, support the FedNow service, and incorporate the Policy on Overnight Overdrafts into the PSR policy.
Approved: November 29, 2022
Reserve Bank Operations
Federal Reserve Bank of Chicago -- appointment of Austan Goolsbee as president. *
Approved: November 22, 2022