Board Actions

Actions taken during the week ending October 26, 2013

Change in Bank Control

Donegal Group, Inc., Marietta, Pennsylvania -- change in bank control of Donegal Group and its subsidiary, Union Community Bank, Lancaster.
-Permitted, October 21, 2013

Regulations and Policies

Qualified Mortgage Fair Lending Risks -- interagency statement to address industry questions on fair lending compliance and the ability-to-repay and qualified mortgage standards rule.
-Announced, October 22, 2013

Regulation WW (Liquidity Risk Measurement, Standards and Monitoring) -- publication for comment of interagency proposed rule to create a standardized minimum liquidity requirement for large and internationally active banking organizations and systemically important nonbank financial companies designated by the Financial Stability Oversight Council.
-Approved, October 24, 2013

Enforcement

The Bank of New York Mellon, New York, New York -- cease and desist order dated April 13, 2012, terminated October 16, 2013.
-Announced, October 22, 2013