FRB: H.2--Board Actions--Week ending April 25, 2009

System Strategic Framework -- revised framework to guide the Federal Reserve's strategic planning for 2009 through 2014.
-Approved, April 13, 2009 (AC)

Enforcement

Amoret Bancshares, Inc., Butler, Missouri -- written agreement with the Federal Reserve Bank of Kansas City.
-Announced, April 20, 2009

Bank On It, Inc., Stockton, California -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, April 23, 2009

Citizens Central Bancorp, Inc., Macomb, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, April 21, 2009

First Regional Bancorp, Los Angeles, California -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, April 23, 2009

K Capital Corporation, Owings Mills, Maryland -- written agreement with the Federal Reserve Bank of Richmond.
-Announced, April 24, 2009

Strategic Capital Bancorp, Inc., Champaign, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, April 21, 2009

The Tysan Corporation, Minneapolis, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, April 23, 2009

Monetary and Financial Policy

Term Asset-Backed Securities Loan Facility -- establishment of two new interest rates�applicable to certain loans extended under the TALF.
-Approved, April 21, 2009

Term Auction Facility -- TAF auction in the amount of $150 billion in 84-day credit on April 20, 2009.
-Announced, April 20, 2009

Personnel

Management Division -- appointment of Marie S. Savoy as associate director, effective April 20; and William L. Mitchell as senior associate director and chief financial officer and Tara Tinsley Pelitere as deputy associate director, effective April 26, 2009.
-Announced, April 20, 2009

Regulations And Policies

Credit Card Rules -- publication for comment of clarifications to the December 2008 amendments to Regulations AA and Z to prohibit certain unfair credit card practices and to improve consumer disclosures for credit card accounts and other revolving credit plans.
-Approved, April 21, 2009

Testimony And Statements

Mortgage Lending Reform -- statement by Sandra F. Braunstein, director, Division of Consumer and Community Affairs, before the House Committee on Financial Services on problems in the subprime mortgage market, regulatory actions to address these problems, and potential legislative responses.
-Published, April 23, 2009

Board Actions

Actions taken during the week ending April 25, 2009

Board Operations

Enforcement

Monetary and Financial Policy

Personnel

Regulations And Policies

Testimony And Statements