Board Actions

Bank of Taiwan, Taipei, Taiwan -- to establish a branch in New York, New York.
-Approved, June 27, 2011

Office of Inspector General -- appointment of Mark Bialek as inspector general of the Board and the Bureau of Consumer Financial Protection, effective July 25, 2011.
-Announced, June 30, 2011

College Credit Card Agreements -- annual report to Congress under the Credit Card Accountability Responsibility and Disclosure Act regarding agreements between credit card issuers and institutions of higher education or certain affiliated organizations that provide for the issuance of credit cards to college students.
-Approved, June 27, 2011

Host-State Lending Ratios -- interagency release of the host-state loan-to-deposit ratios used by the banking agencies to determine compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act.
-Published, June 30, 2011

Presidential $1 Coin Program -- annual report to Congress on the Presidential $1 Coin Program.
-Approved, June 27, 2011

Regulation II (Debit Card Interchange Fees and Routing) -- final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions and interim final rule with request for comment on a fraud-prevention adjustment for interchange transaction fees, in accordance with the Dodd-Frank Act.
-Approved, June 29, 2011

Regulations V (Fair Credit Reporting) and B (Equal Credit Opportunity) -- final interagency amendments to require disclosure of credit scores and related information to consumers in risk-based pricing notices and adverse action notices if a credit score is used in setting the credit terms or taking adverse action, in accordance with the Dodd-Frank Act.
-Approved, July 1, 2011

First Chatsworth Bankshares, Inc., Chatsworth, Georgia -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, June 28, 2011

First National Bancshares of Central Alabama, Inc., Aliceville, Alabama -- written agreement with the Federal Reserve Bank of Atlanta.
-Announced, June 28, 2011

JLL Associates G.P. FCH, L.L.C., New York, New York; JLL Associates FCH, L.P.; JLL Partners Fund FCH, L.P.; JLL/FCH Holdings I, L.L.C.; and FC Holdings, Inc., Webster, Texas -- written agreement with the Federal Reserve Bank of Dallas.
-Announced, June 28, 2011

Southern Community Financial Corporation, Winston-Salem, North Carolina -- written agreement with the Federal Reserve Bank of Richmond.
-Announced, June 28, 2011