Board Actions

Actions taken during the week ending March 24, 2012

Testimony and Statements

The European Economic and Financial Situation -- statement by Chairman Bernanke before the House Committee on Oversight and Government Reform on the European economic and financial situation.
-Published, March 21, 2012

Foreclosures and the Housing Market -- statement by Suzanne G. Killian, senior associate director, Division of Consumer and Community Affairs, before the House Committee on Oversight and Government Reform on the Board's progress in implementing the foreclosure review process and certain enforcement actions.
-Published, March 19, 2012

Regulatory Reform -- statement by Governor Tarullo before the Senate Committee on Banking, Housing, and Urban Affairs on the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act and its international implications.
-Published, March 22, 2012

Bank Holding Companies

Adam Bank Group, Inc., Tampa, Florida -- to acquire Brazos Valley Bank, N. A., College Station, Texas.
-Approved, March 20, 2012

Forms

Forms -- final Board review to extend with revision the Survey of Terms of Business Lending (FR 2028A), Survey of Terms of Banking Lending to Farmers (FR 2028B), and Prime Rate Supplement to the Survey of Terms of Lending (FR 2028S).
-Approved, March 19, 2012

Regulations and Policies

Leveraged Lending -- publication for comment of updated interagency guidance on leveraged lending.
-Approved, March 21, 2012

Enforcement

Mid America Bank and Trust Company, Dixon, Missouri -- written agreement dated June 8, 2007, terminated March 14, 2012.
-Announced, March 20, 2012

Remer Bancorporation, Inc., Remer, Minnesota -- written agreement with the Federal Reserve Bank of Minneapolis.
-Announced, March 22, 2012