Board Actions

Actions taken during the week ending June 10, 2006

Banks, Foreign

Banco Latinoamericano de Exportaciones S.A., Panama City, Republic of Panama -- to act as a certification authority in connection with financial and nonfinancial transactions and engage in related data processing activities.
-Approved, June 8, 2006

Enforcement

Bank of Tazewell County, Tazewell, Virginia -- issuance of a consent order of assessment of a civil money penalty.
-Announced, June 9, 2006

Forms

Forms -- final Board review to extend without revision the Senior Loan Officer Opinion Survey on Bank Lending Practices (FR 2018) and Senior Financial Officer Survey (FR 2023), and to extend with revision the Automobile Finance Terms (FR 2005), Passenger Auto Contract Collection Trends (FR 2012), Quarterly Report of Interest Rates on Selected Direct Consumer Installment Loans (FR 2835), and Quarterly Report of Credit Card Plans (FR 2835a).
-Approved, June 5, 2006

Reserve Bank Operations

Federal Reserve Bank of Philadelphia -- appointment of Charles I. Plosser as President, effective August 1, 2006.
-Approved, June 5, 2006

Testimony And Statements

Nomination of Vice Chairman -- statement by Governor Kohn before the Senate Committee on Banking, Housing, and Urban Affairs on his nomination as Vice Chairman of the Board.
-Published, June 8, 2006