Board Actions

AmericanWest Bancorporation, Spokane, Washington  -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, September 22, 2009 

Bankers' Bancorp, Inc., Springfield, Illinois, and Independent Bankers' Bank  -- issuance of a consent cease and desist order.
-Announced, September 25, 2009 

Capital Community Bancorporation, Inc., Provo, Utah  -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, September 23, 2009 

Capitol Bancorp, Ltd., Lansing, Michigan, and its second-tier bank holding companies  -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, September 24, 2009 

Community Bankshares, Inc., Cornelia, Georgia  -- written agreement with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of Georgia.
-Announced, September 23, 2009 

Compass Bank, Birmingham, Alabama  -- issuance of a consent order of assessment of a civil money penalty.
-Announced, September 24, 2009 

First National Bancshares, Inc., Goodland, Kansas  -- written agreement with the Federal Reserve Bank of Kansas City.
-Announced, September 24, 2009 

Northern Star Financial, Inc., Mankato, Minnesota  -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, September 22, 2009 

Old Southern Bank, Orlando, Florida  -- written agreement with the Federal Reserve Bank of Atlanta and the State of Florida, Office of Financial Regulation.
-Announced, September 23, 2009 

Orion Bancorp, Inc., Naples, Florida, and Orion Bank  -- issuance of a consent cease and desist order.
-Announced, September 22, 2009 

Lending Facilities  -- schedules for operations under the Term Auction Facility (TAF) and the Term Securities Lending Facility (TSLF) through January 2010, including TAF auctions in the amount of $75 billion each in 28-day credit, reduced amounts and shortened maturities in the existing cycle of TAF auctions of 84-day funds, and reduced amounts under Schedule 2 TSLF auctions to $50 billion in October and $25 billion each in November and December 2009 and January 2010.
-Announced, September 24, 2009 

Term Auction Facility  -- TAF auction in the amount of $75 billion in 28-day credit on September 21, 2009.
-Announced, September 21, 2009 

Regulation S (Reimbursement for Providing Financial Records; Recordkeeping Requirements for Certain Financial Records)  -- final amendments to update the fees that federal government agencies may reimburse financial institutions for assembling or providing financial records under the Right to Financial Privacy Act.
-Approved, September 2, 2009  (AC)

Federal Reserve Transparency  -- statement by Scott G. Alvarez, general counsel, before the House Committee on Financial Services on how the Federal Reserve is both accountable and transparent to Congress and the public.
-Published, September 25, 2009