Board Actions

Actions taken during the week ending June 28, 2008

Advisory Councils

Consumer Advisory Council -- request for nominations for ten new members.
-Announced, June 23, 2008

Enforcement

Compass Bank, Birmingham, Alabama -- issuance of a consent order of prohibition and order of assessment of civil money penalty against Susan M. West, a former institution-affiliated party.
-Announced, June 23, 2008

Heritage Bank of Commerce, San Jose, California -- issuance of a consent order of assessment of a civil money penalty.
-Announced, June 26, 2008

Personnel

Division of Research and Statistics -- appointment of Eric Engen and Sandra Cannon as assistant directors.
-Approved, June 26, 2008

Regulations And Policies

Basel II Capital Accord -- publication for comment of interagency rules to implement the Basel II standardized risk-based capital framework.
-Approved, June 26, 2008

Credit Card Plans -- annual report to the Congress on the profitability of credit card operations of depository institutions.
-Approved, June 23, 2008

Host State Lending Ratios -- interagency release of the host state loan-to-deposit ratios used by the banking agencies to determine compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act.
-Published, June 26, 2008

Presidential Coin Program -- annual report to the Congress on the Presidential $1 Coin Program.
-Approved, June 23, 2008