Board Actions

Actions taken during the week ending May 13, 2006

Discount Rates

Discount and Advance Rates -- increase in the primary credit rate from 5-3/4 percent to 6 percent by the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Dallas, and San Francisco.
-Approved, May 10, 2006

Discount and Advance Rates -- increase in the primary credit rate from 5-3/4 percent to 6 percent by the Federal Reserve Bank of Kansas City.
-Approved, May 11, 2006

Enforcement

Huntington Bancshares Incorporated, Columbus, Ohio -- written agreement dated February 28, 2005, terminated May 10, 2006.
-Announced, May 10, 2006

United Bank, Parkersburg, West Virginia -- issuance of a consent order of assessment of a civil money penalty.
-Announced, May 10, 2006

Forms

Forms -- final Board review to extend without revision the Notice Requirements in Connection with Regulation W (Reg W) and Recordkeeping and Disclosure Requirements in Connection with Regulation Z (Truth in Lending).
-Approved, May 8, 2006

Regulations And Policies

Complex Structured Finance Activities -- publication for comment of the revised Interagency Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities (Docket No. OP-1254).
-Announced, May 9, 2006