Board Actions

Actions taken during the week ending August 8, 2009

Enforcement

FCB Financial, Inc., Tampa, Florida -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, August 4, 2009

Imperial Capital Bancorp, Inc., La Jolla, California -- written agreement with the Federal Reserve Bank of San Francisco and the State of California Department of Financial Institutions.
-Announced, August 4, 2009

Sterling Banks, Inc., Mount Laurel, New Jersey, and Sterling Bank -- written agreement with the Federal Reserve Bank of Philadelphia and the New Jersey Department of Banking and Insurance.
-Announced, August 6, 2009

Warren Bank, Warren, Michigan -- issuance of a prompt corrective action directive against the bank.
-Announced, August 3, 2009

Testimony And Statements

Bank Supervision -- statement by Governor Tarullo before the Senate Committee on Banking, Housing, and Urban Affairs on elements of an effective framework for improved prudential supervision and actions taken by the Federal Reserve to strengthen supervision of banks and bank holding companies.
-Published, August 4, 2009