Board Actions

Actions taken during the week ending July 20, 2013

Testimony and Statements

Monetary Policy -- statement by Chairman Bernanke before the House Committee on Financial Services on July 17 and the Senate Committee on Banking, Housing, and Urban Affairs on July 18, 2013, on the semiannual monetary policy report to the Congress.
-Published, July 17, 2013

Forms

Forms -- initial Board review to revise without extension the Consolidated Financial Statements for Holding Companies (FR Y-9C) and the Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP).
-Proposed, July 15, 2013

Forms -- final Board review to extend with revision the Report of Selected Balance Sheet Items for Discount Window Borrowers (FR 2046) and to implement the Payments Research Survey (FR 3067).
-Approved, July 18, 2013

Regulations and Policies

Prepaid Cards -- annual report to Congress on government-administered, general-use prepaid cards, in accordance with the Dodd-Frank Act.
-Approved, July 18, 2013

Enforcement

Cascade Bancorp, Bend, Oregon -- written agreement dated October 26, 2009, terminated July 10, 2013.
-Announced, July 16, 2013

Citizens Bancshares Co., Chillicothe, Missouri -- written agreement dated June 21, 2010, terminated July 15, 2013.
-Announced, July 18, 2013

Minster Bank, Minster, Ohio -- issuance of a consent order of assessment of a civil money penalty.
-Announced, July 18, 2013

Reliance Bancshares, Inc., Des Peres, Missouri -- written agreement dated July 14, 2011, terminated July 10, 2013.
-Announced, July 16, 2013

Rocky Mountain Bank, Wilson, Wyoming -- written agreement dated January 20, 2011, terminated July 10, 2013.
-Announced, July 16, 2013