Board Actions

Forms -- final Board review to extend with revision the Application for Employment with the Board of Governors of the Federal Reserve System (FR 28) and Ongoing Intermittent Survey of Households (FR 3016), and to extend without revision the Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks (Reg H-5).
-Approved, January 24, 2011

S.A.F.E. Act Registration Period -- interagency announcement that on January 31, 2011, the Nationwide Mortgage Licensing System and Registry will begin accepting registrations by residential mortgage loan originators that are federally regulated, as required by the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) and the Board's implementing regulation.
-Approved, January 28, 2011

Community Central Bank Corporation, Mount Clemens, Michigan -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, January 25, 2011

Elgin Bancshares, Inc., Elgin, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, January 25, 2011

Rocky Mountain Capital, Wilson, Wyoming, and Rocky Mountain Bank -- written agreement with the Federal Reserve Bank of Kansas City and the Wyoming Department of Audit, Division of Banking.
-Announced, January 25, 2011

Virginia Business Bank, Richmond, Virginia -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, January 27, 2011