Board Actions

Actions taken during the week ending February 19, 2011

Testimony and Statements

Dodd-Frank Act and Derivatives -- statement by Governor Tarullo before the House Committee on Financial Services on the implementation of the provisions in the Dodd-Frank Act affecting over-the-counter derivatives.
-Published, February 15, 2011

Dodd-Frank Act Implementation -- statement by Chairman Bernanke before the Senate Committee on Banking, Housing, and Urban Affairs on the Federal Reserve's implementation of the Dodd-Frank Act.
-Published, February 17, 2011

Interchange Fees -- statement by Governor Raskin before a subcommittee of the House Committee on Financial Services regarding the Board's proposed rule to implement the interchange-fee provisions of the Dodd-Frank Act.
-Published, February 17, 2011

Advisory Councils

Community Depository Institutions Advisory Council -- appointment of twelve members and designation of Barrie G. Christman as president and Howard T. Boyle as vice president for 2011.
-Announced, February 16, 2011

Enforcement

Bank of Whitman, Colfax, Washington -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, February 15, 2011

Dacotah Bank, Aberdeen, South Dakota -- issuance of a consent order of assessment of a civil money penalty.
-Announced, February 15, 2011

Franklin Savings Bank, Farmington, Maine -- issuance of a consent order of assessment of a civil money penalty.
-Announced, February 15, 2011

Idaho Banking Company, Boise, Idaho -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, February 15, 2011

Market Bancorporation, Inc., Elko New Market, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, February 15, 2011

MyAnns Corporation, Piqua, Kansas -- issuance of consent orders of assessment of civil money penalties against MyAnns and G. Larry Curry, a former director and institution-affiliated party.
-Announced, February 15, 2011

Westside Banking Company, University Place, Washington -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, February 17, 2011