Board Actions

Actions taken during the week ending June 23, 2007

Bank Branches, Domestic

First State Bank, Conway, Arkansas -- to establish a branch at 6039 Heber Spring Road West, Quitman.
-Approved, June 19, 2007

Enforcement

Cumberland Bank, Franklin, Tennessee -- issuance of a consent order of prohibition against Joy McClard, a former employee.
-Announced, June 19, 2007

Mid America Bank and Trust Company, Dixon Missouri -- written agreement with the Federal Reserve Bank of St. Louis and the Missouri Division of Finance.
-Announced, June 19, 2007

RBC Centura Bank, Raleigh, North Carolina -- issuance of a consent order of assessment of a civil money penalty.
-Announced, June 19, 2007

Regulations And Policies

Community Reinvestment Act -- publication for comment of new and revised interagency questions and answers regarding community reinvestment.
-Approved, June 22, 2007

Testimony And Statements

Consumer Credit Reports -- statement by Sandra Braunstein, Director, Division of Consumer and Community Affairs, before the House Committee on Financial Services.
-Published, June 19, 2007