Board Actions

Actions taken during the week ending July 4, 2009

Enforcement

AMCORE Financial, Inc., Rockford, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, June 30, 2009

First DuPage Bancorp, Inc., Westmont, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, July 2, 2009

Forms

Forms -- initial Board review to extend without revision the Reports of Deposits (FR 2900, FR 2910a, FR 2915, and FR 2930) and to implement the Supervisory and Regulatory Survey (FR 3052) and the Consumer Protection Surveys (FR 3053).
-Proposed, June 29, 2009

Monetary and Financial Policy

Term Asset-Backed Securities Loan Facility -- proposed increase in the administrative fee charged to TALF borrowers.
-Approved, June 30, 2009

Term Auction Facility -- TAF auction in the amount of $150 billion in 28-day credit on June 29, 2009.
-Announced, June 29, 2009

Regulations And Policies

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 29, 2009

Liquidity Risk Management -- publication for comment of interagency guidance on funding and liquidity risk management to communicate consistent supervisory expectations on sound practices for managing funding and liquidity risk.
-Approved, June 29, 2009

Regulation V (Fair Credit Reporting) -- (1) interagency final rules to require entities that furnish information to consumer reporting agencies (furnishers) to establish policies and procedures to ensure the accuracy and integrity of the information and to investigate certain disputes by consumers and (2) advance notice of proposed rulemaking requesting comment on a possible addendum to the final rules regarding circumstances under which furnishers should provide certain additional information.
-Approved, May 29, 2009 (AC)