Board Actions

Cape Fear Bank Corporation, Wilmington, North Carolina  -- written agreement with the Federal Reserve Bank of Richmond.
-Announced, February 26, 2009 

FSB Bancorp, Inc., Altus, Oklahoma  -- issuance of a consent cease and desist order against FSB.
-Announced, February 27, 2009 

Forms  -- final Board review to extend with revision�the Weekly Report of Selected Assets (FR 2644),�Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks (FR 2502q), and�Recordkeeping Requirements Associated with�Regulation K; to discontinue the Weekly Report of Assets and Liabilities for Large Banks (FR 2416) and Weekly Report of Assets and Liabilities for Large U.S. Branches and Agencies of Foreign Banks (FR 2069); and to pretest and execute the 2010 Survey of Consumer Finances (FR 3059).
-Approved, February 28, 2009 

Forms  -- initial Board review to extend without revision the Recordkeeping Requirements Associated with Real Estate Appraisal Standards for Federally Related Transactions Pursuant to Regulations H and Y (FR H-4), Recordkeeping Requirements Associated with Changes in Foreign Investments (FR 2064), Request for Proposal (RFP) and Request for Price Quotations (RFPQ), and Notice Requirements in Connection with Regulation W (Reg W).
-Proposed, February 25, 2009 

Forms  -- final Board review to extend with revision the Bank Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates (FR Y-8)�and to�revise without extension the Financial Statements of U.S. Nonbank Subsidiaries of U.S. Bank Holding Companies (FR Y-11), Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314), Financial Statements of�U.S. Nonbank Subsidiaries Held by Foreign�Banking Organizations (FR Y-7N), and Consolidated Report of Condition and Income for Edge and Agreement Corporations (FR 2886b).
-Approved, February 25, 2009 

Term Asset-Backed Securities Loan Facility  -- adjustments to the terms on TALF loans secured by certain asset-backed securities backed by newly and recently originated auto, credit card, and student loans and SBA-guaranteed small business loans.
-Approved, February 23, 2009 

Term Auction Facility  -- TAF auction in the amount of $150 billion in 84-day credit on February 23, 2009.
-Announced, February 23, 2009 

System Lending Facilities  -- second periodic report to the Congress, required by the Emergency Economic Stabilization Act of 2008, on the outstanding lending facilities authorized under section 13(3) of the Federal Reserve Act.
-Approved, February 24, 2009