Board Actions

Actions taken during the week ending May 28, 2011

Extensions of Time

Morgan Stanley, New York, New York -- request for an extension of time to file certain regulatory reports.
-Granted, May 24, 2011

Forms

Forms -- final Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with the Guidance on Response Programs for Unauthorized Access to Customer Information (FR 4100).
-Approved, May 24, 2011

Monetary and Financial Policy

Term Deposit Facility -- TDF auction of $5 billion in 28-day term deposits on May 31, 2011.
-Announced, May 25, 2011

Regulations and Policies

Credit Card Plans -- annual report to Congress on the profitability of credit card operations of depository institutions.
-Approved, May 24, 2011

Enforcement

BW Bancorp, Ely, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, May 24, 2011

Community Financial Shares, Inc., Glen Ellyn, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, May 26, 2011

Four Oaks Fincorp, Inc., Four Oaks, North Carolina, and Four Oaks Bank & Trust Company -- written agreement with the Federal Reserve Bank of Richmond and the State of North Carolina Office of the Commissioner of Banks.
-Announced, May 26, 2011

North Texas Bancshares, Inc., Dallas, Texas, and North Texas Bancshares of Delaware, Inc., Wilmington, Delaware -- written agreement with the Federal Reserve Bank of Dallas and the Banking Commissioner of the Texas Department of Banking.
-Announced, May 26, 2011

Provident Community Bancshares, Inc., Rock Hill, South Carolina -- written agreement with the Federal Reserve Bank of Richmond.
-Announced, May 26, 2011