Board Actions

Actions taken during the week ending July 13, 2013

Testimony and Statements

Dodd-Frank Implementation -- statement by Governor Tarullo before the Senate Committee on Banking, Housing, and Urban Affairs on the Federal Reserve's activities in mitigating systemic risk and implementing the Dodd-Frank Act.
-Published, July 11, 2013

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of 28-day term deposits with full allotment of tenders on July 15, 2013.
-Announced, July 10, 2013

Regulations and Policies

Regulation H (Membership of State Banking Institutions in the Federal Reserve System) and Regulation Q (Capital Adequacy of Bank Holding Companies, Savings and Loan Holding Companies, and State Member Banks) -- publication for comment of interagency rule to strengthen the leverage ratio standards for large, interconnected U.S. banking organizations.
-Approved, July 9, 2013

Enforcement

Buckeye Bancshares, Inc., Lorain, Ohio, and Buckeye Community Bank -- written agreement dated July 24, 2009, terminated July 2, 2013.
-Announced, July 9, 2013

Huntington Bancshares, Inc., Huntington, Texas -- written agreement dated October 17, 2011, terminated June 27, 2013.
-Announced, July 9, 2013