Board Actions

Actions taken during the week ending January 16, 2010

Monetary and Financial Policy

Term Auction Facility -- TAF auction in the amount of $75 billion in 28-day credit on January 11, 2010.
-Announced, January 11, 2010

Enforcement

American Bank of Baxter Springs, Baxter Springs, Kansas -- written agreement with the Federal Reserve Bank of Kansas City.
-Announced, January 12, 2010

Barnes Banking Company, Kaysville, Utah -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, January 11, 2010

Old Southern Bank, Orlando, Florida -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, January 14, 2010

The ShoreBank Corporation, Chicago, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, January 12, 2010