Board Actions

Actions taken during the week ending March 22, 2014

Personnel

Division of Consumer and Community Affairs -- appointment of Tonda Price as acting director, effective April 1, 2014.
-Approved, March 21, 2014

Regulations and Policies

Regulations H (Membership of State Banking Institutions in the Federal Reserve System) and Y (Bank Holding Companies and Change in Bank Control) -- publication for comment of proposed interagency rule to implement minimum requirements for state registration and supervision of appraisal management companies.
-Approved, March 13, 2014
(A/C)

Enforcement

IMB HoldCo LLC, Pasadena, California -- issuance of a consent cease and desist order (replacing Office of Thrift Supervision order dated April 13, 2011).
-Announced, March 21, 2014

Remer Bancorporation, Inc., Remer, Minnesota -- written agreement dated March 19, 2012, terminated March 13, 2014.
-Announced, March 18, 2014