Board Actions

Actions taken during the week ending March 13, 2010

Monetary and Financial Policy

Term Auction Facility -- TAF auction in the amount of $25 billion in 28-day credit on March 8, 2010.
-Announced, March 8, 2010

Personnel

Division of Consumer and Community Affairs -- appointment of Maryann Hunter and Leonard Chanin as deputy directors, and Anna Alvarez-Boyd, Tonda Price, and Timothy Burniston as senior associate directors.
-Announced, March 9, 2010

Enforcement

Florida First City Banks, Fort Walton Beach, Florida -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, March 11, 2010

Heritage Oaks Bancorp, Paso Robles, California -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, March 8, 2010

Horizon Bank, Bradenton, Florida -- issuance of a prompt corrective action directive against the bank.
-Announced, March 9, 2010

Idaho Bancorp, Boise, Idaho, and Idaho Banking Company -- written agreement with the Federal Reserve Bank of San Francisco and the State of Idaho Department of Finance.
-Announced, March 10, 2010

Midwest Bank and Trust, Elmwood Park, Illinois -- issuance of a final decision and order of prohibition against Adam L. Benarroch, a former institution-affiliated party.
-Announced, March 12, 2010

NW Services Corporation, Ringgold, Georgia -- written agreement with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of Georgia.
-Announced, March 11, 2010

Olmsted Holding Corporation, Rochester, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, March 10, 2010

Ravalli County Bankshares, Inc., Hamilton, Montana, and Ravalli County Bank -- written agreement with the Federal Reserve Bank of Minneapolis and the Montana Division of Banking and Financial Institutions.
-Announced, March 9, 2010