Board Actions

Actions taken during the week ending August 1, 2009

Enforcement

American Bancorporation, St. Paul, Minnesota, and American Bank of St. Paul -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, July 30, 2009

Bank Hapoalim, B.M., Tel Aviv, Israel, and its Aventura, Florida, branch -- written agreement with the Federal Reserve Banks of New York and Atlanta and the Florida Office of Financial Regulation.
-Announced, July 28, 2009

Buckeye Bancshares, Inc., Lorain, Ohio, and Buckeye Community Bank -- written agreement with the Federal Reserve Bank of Cleveland and the Ohio Division of Financial Institutions.
-Announced, July 30, 2009

Centennial Bankshares, Inc., Ogden, Utah -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, July 27, 2009

The Colonial BancGroup, Inc., Montgomery, Alabama -- issuance of a consent cease and desist order against Colonial.
-Announced, July 27, 2009

Middleburg Bank, Middleburg, Virginia -- issuance of a consent order of prohibition against Ronnie A. Jenkins, a former vice president, loan officer, and institution-affiliated party of the bank.
-Announced, July 30, 2009

Sunrise Bank, Cocoa Beach, Florida -- written agreement with the Federal Reserve Bank of Atlanta and the State of Florida Office of Financial Regulation.
-Announced, July 29, 2009

Monetary and Financial Policy

Term Auction Facility -- TAF auction in the amount of $125 billion in 28-day credit on July 27, 2009.
-Announced, July 27, 2009

Regulations And Policies

Regulation Z (Truth in Lending) -- final�amendments to revise the disclosure requirements for private education�loans consistent with provisions of the Higher Education Opportunity Act.
-Approved, July 27, 2009