Board Actions

Forms -- final Board review to extend with revision the Weekly Report of Dealer Positions (FR 2004A), Weekly Report of Cumulative Dealer Transactions (FR 2004B), Weekly Report of Dealer Financing and Fails (FR 2004C), Weekly Report of Specific Issues (FR 2004SI), Daily Report of Specific Issues (FR 2004SD), and Daily Report of Dealer Activity in Treasury Financing (FR 2004WI); and to conduct the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036).
-Approved, January 7, 2010

Regulation Z (Truth in Lending) -- (1) final amendments to implement certain provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009 to protect credit card users from a number of costly practices and (2) withdrawal of certain amendments to Regulations Z and AA (Unfair or Deceptive Acts or Practices) that are superseded by the new amendments.
-Approved, January 7, 2010

First Cherokee Bancshares, Inc., Woodstock, Georgia -- written agreement with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of Georgia.
-Announced, January 6, 2010

Heritage Bancshares, Orange Park, Florida -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, January 7, 2010

North Valley Bancorp, Redding, California, and North Valley Bank -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, January 8, 2010

Prime Pacific Financial Services, Inc., Lynnwood, Washington -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, January 7, 2010

Sun American Bank, Boca Raton, Florida -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, January 4, 2010

Sunshine Bankshares, Inc., Port Orange, Florida -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, January 6, 2010

Wakulla Bancorp, Crawfordville, Florida -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, January 6, 2010