Board Actions

Actions taken during the week ending March 1, 2014

Testimony and Statements

Monetary Policy -- statement by Chair Yellen before the Senate Committee on Banking, Housing, and Urban Affairs on the semiannual monetary policy report to the Congress.
-Published, February 27, 2014

Bank Branches, Domestic

Compass Bank, Birmingham, Alabama -- petition for review of an application to establish a branch in The Woodlands, Texas, approved by the Federal Reserve Bank of Atlanta under delegated authority.
-Denied, February 26, 2014

Forms

Forms -- final Board review to implement the Surveys of Consumer and Community Affairs Publications and Resources (FR 1378) and Consumer and Stakeholder Surveys (FR 3073).
-Approved, February 28, 2014

Regulations and Policies

Stress Testing -- final interagency guidance to describe supervisory expectations for Dodd-Frank Act stress tests conducted by banking organizations with total consolidated assets of between $10 billion and $50 billion.
-Approved, February 25, 2014

Enforcement

Hampton Roads Bankshares, Inc., Norfolk, Virginia, and Bank of Hampton Roads -- written agreement dated June 9, 2010, terminated February 20, 2014.
-Announced, February 25, 2014

Metropolitan Bank Holding Corporation, New York, New York -- written agreement dated January 4, 2011, terminated February 21, 2014.
-Announced, February 25, 2014

Trivoli Bancorp, Trivoli, Illinois -- written agreement dated April 30, 2010, terminated February 24, 2014.
-Announced, February 27, 2014