Board Actions

Actions taken during the week ending May 31, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with a maximum tender amount of $7 billion on June 2, 2014.
-Announced, May 29, 2014

Regulations and Policies

Regulatory Burden Reduction -- publication for comment of the first in a series of interagency notices on regulatory burden reduction and proposed outreach sessions with bankers over the next 18 months.
-Approved, May 21, 2014
(A/C)

Enforcement

Columbus Junction State Bank, Columbus Junction, Iowa -- written agreement dated May 22, 2014, with the Federal Reserve Bank of Chicago and the Superintendent of Banking of the state of Iowa.
-Announced, May 29, 2014