Board Actions PDF

Actions taken during the week ending December 17, 2022

Bank Holding Companies

Brookline Bancorp, Inc., Boston, Massachusetts -- to merge with PCSB Financial Corporation and thereby indirectly acquire PCSB Bank, both of Yorktown Heights, New York.
Approved: December 15, 2022


Forms -- final Boad review to extend with revision the Federal Reserve Membership Application (FR 2083, 2083A, 2083B, and 2083C) and the Federal Reserve Bank Stock Applications (FR 2030, 2030a, 2056, 2086, 2086a, and 2087).
Approved: December 16, 2022

Forms -- final Board review to extend with revision the Payment Systems Surveys (FR 3054).
Approved: December 16, 2022

Regulations and Policies

Regulation ZZ (Regulation Implementing the Adjustable Interest Rate (LIBOR) Act) -- final rule.
Approved: December 14, 2022

Supervision and Regulation

Resolution Plans -- interagency issuance of (1) feedback letters to certain Category II and III firms regarding their December 17, 2021, targeted resolution plans and (2) feedback letters to certain foreign banking organizations with $250 billion or more in global consolidated assets that are not subject to Category II or III standards regarding their July 1, 2022, reduced or full resolution plans.
Approved: December 12, 2022

Back to Top
Last Update: December 22, 2022