Board Actions

Banco Popular de Puerto Rico, Hato Rey, Puerto Rico -- to acquire assets and assume liabilities of Westernbank Puerto Rico, Mayaguez, and thereby establish branches.
-Approved, April 29, 2010

Office of Inspector General -- appointment of Jacqueline M. Becker as assistant inspector general and Laurence A. Froehlich as special adviser to the inspector general.
-Announced, April 26, 2010

Correspondent Concentration Risks -- final interagency guidance on managing concentration risks from correspondent banking relationships.
-Approved, April 26, 2010

Regulation D (Reserve Requirements of Depository Institutions) -- final amendments to authorize Federal Reserve Banks to offer term deposits to institutions eligible to receive earnings on their balances in accounts at Reserve Banks, and minor amendments to the Policy on Payment System Risk to address transactions associated with term deposits.
-Approved, April 21, 2010
(A/C)

Coast Bancorp, San Luis Obispo, California -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, April 29, 2010

East Dubuque Bancshares, Inc., East Dubuque, Illinois, and East Dubuque Savings Bank, Dubuque, Iowa -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, April 26, 2010

FMB Equibanc, Inc., Statesboro, Georgia -- written agreement with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of Georgia.
-Announced, April 29, 2010

Liberty Financial Group, Inc., Eugene, 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, April 27, 2010

Sun West Capital Corporation, Las Vegas, Nevada -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, April 27, 2010