Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Board Actions

Actions taken during the week ending January 17, 2009


Bank Holding Companies

Allianz SE, Munich, Germany  -- to retain its interest in The Hartford Financial Services Group, Inc., Hartford, Connecticut, and thereby acquire an indirect interest in Federal Trust Bank, a federal savings association, Sanford, Florida.
-Approved, January 13, 2009 

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania  -- commenter's request for reconsideration of the Board's approval of the application to acquire National City Corporation, Cleveland, Ohio, and its subsidiary bank, National City Bank.
-Denied, January 12, 2009 

Protective Life Corporation, Birmingham, Alabama  -- to become a bank holding company and to acquire Bonifay Holding Company, Inc., Bonifay, Florida, and its subsidiary bank, The Bank of� Bonifay.
-Approved, January 15, 2009 

Monetary and Financial Policy

Bank of America Corporation, Charlotte, North Carolina  -- joint statement by the Board, Department of the Treasury, and Federal Deposit Insurance Corporation on an agreement with Bank of America to provide a package of guarantees, liquidity access, and capital.
-Announced, January 16, 2009 

Term Auction Facility  -- TAF auction in the amount of $150 billion in 28-day credit on January 12, 2009.
-Announced, January 12, 2009 

Regulations And Policies

Lending and Liquidity Facilities  -- periodic report to Congress, required by the Emergency Economic Stabilization Act, on the outstanding lending facilities authorized under section 13(3) of the Federal Reserve Act.
-Approved, December 29, 2008  (AC)

Testimony And Statements

Troubled Asset Relief Program  -- statement by Vice Chairman Kohn before the House Committee on Financial Services.
-Published, January 13, 2009 


Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco