Board Actions

Ames Community Bank, Ames, Iowa  -- written agreement with the Federal Reserve Bank of Chicago and the Iowa Division of Banking, Superintendent of Banking.
-Announced, October 27, 2009 

Cascade Bancorp, Bend, Oregon  -- written agreement with the Federal Reserve Bank of San Francisco and the Oregon Department of Consumer and Business Services, Division of Finance and Corporate Securities.
-Announced, October 28, 2009 

EvergreenBancorp, Inc., Seattle, Washington  -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, October 28, 2009 

First Banking Center, Inc., Burlington, Wisconsin, and First Banking Center  -- written agreement with the Federal Reserve Bank of Chicago and the State of Wisconsin Department of Financial Institutions.
-Announced, October 29, 2009 

Ogden BancShares, Inc., Boone, Iowa  -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, October 27, 2009 

SolutionsBank, Overland Park, Kansas  -- issuance of a consent prompt corrective action directive against the bank.
-Announced, October 27, 2009 

VisionBank of Iowa, West Des Moines, Iowa  -- written agreement with the Federal Reserve Bank of Chicago and the Iowa Division of Banking, Superintendent of Banking.
-Announced, October 27, 2009 

West Tennessee Bancshares, Inc., Bartlett, Tennessee, and Bank of Bartlett  -- written agreement with the Federal Reserve Bank of St. Louis.
-Announced, October 29, 2009 

Forms  -- initial Board review (1) to extend with revision the government securities dealers reports (FR 2004)and (2) to conduct a voluntary survey of the foreign exchange and derivatives markets, the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036).
-Proposed, October 27, 2009 

Commercial Real Estate (CRE) Loan Workouts  -- interagency policy statement to provide guidance on prudent CRE loan workouts.
-Announced, October 30, 2009 

Regulation W (Transactions Between Member Banks and Their Affiliates)  -- expiration of a temporary exemption on October 30, 2009, from section 23A of the Federal Reserve Act and Regulation W that allowed all insured depository institutions to provide liquidity to their affiliates for assets typically funded in the tri-party repurchase agreement market, subject to safety-and-soundness conditions.
-Announced, October 30, 2009 

Federal Reserve Priced Services  -- 2010 fee schedules for priced services and electronic access, and the private sector adjustment factor.
-Approved, October 30, 2009 

Regulatory Reform  -- statement by Governor Tarullo before the House Committee on Financial Services on systemic regulation, prudential matters, resolution authority, and securitization.
-Published, October 29, 2009