Board Actions

Citizens Banking Corporation, Flint, Michigan  -- to acquire Republic Bancorp Inc., Owosso, and Republic Bank, Lansing.
-Approved, December 11, 2006 

Division of Banking Supervision and Regulation  -- reorganization into three primary areas and appointment of Deborah Bailey, Peter Purcell, and Steve Roberts as Deputy Directors to oversee those areas.
-Approved, December 11, 2006 

Federal Reserve Notes  -- new currency budget for 2007.
-Approved, December 14, 2006 

Forms  -- final Board review to extend with revision the Report of Changes in Organizational Structure (FR Y-10), Report of Changes in FBO Organizational Structure (FR Y-10F), Supplement to the Report of Changes in Organizational Structure (FR Y-10S), Notification of Foreign Branch Status (FR 2058), Annual Report of Bank Holding Companies (FR Y-6), and Annual Report of Foreign Banking Organizations (FR Y-7); to extend without revision the Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial Companies (FR Y-12); and to implement the Annual Report of Merchant Banking Investments Held for an Extended Period (FR Y-12A).
-Approved, December 14, 2006