Board Actions

Actions taken during the week ending November 10, 2007

Bank Holding Companies

Allied Irish Banks, p.l.c., Dublin, Ireland, and M&T Bank Corporation, Buffalo, New York -- to acquire Partners Trust Financial Group, Inc., Utica, New York, and its banking and nonbanking subsidiaries, including Partners Trust Bank and Partners Trust Municipal Bank.
-Approved, November 5, 2007

Midwest Regional Bancorp, Inc., Festus, Missouri -- to become a bank holding company and to acquire Federated Bancshares, Inc., Stilwell, Kansas, and its subsidiary, The Bank of Otterville, Otterville, Missouri.
-Approved, November 7, 2007

Banks, Foreign

China Merchants Bank Co., Ltd., Shenzhen, China -- to establish a branch in New York, New York.
-Approved, November 7, 2007

Forms

Forms -- final Board review to extend without revision the disclosure requirements associated with Regulation V, which implements the Fair Credit Reporting Act.
-Approved, November 7, 2007

Reserve Bank Operations

Reserve Bank Chairmen and Deputy Chairmen -- appointment of the chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2008.
-Announced, November 8, 2007

Testimony And Statements

Availability of Credit to Small Businesses -- statement by Governor Frederic S. Mishkin before the House Committee on Small Business on November 7, 2007.
-Reviewed, November 5, 2007

Economic Outlook -- statement by Chairman Bernanke before the Joint Economic Committee of the U.S. Congress on November 8, 2007.
-Published, November 8, 2007