Board Actions

Actions taken during the week ending July 26, 2014

Regulations and Policies

Presidential $1 Coin Program -- annual report to Congress on the Presidential $1 Coin Program.
-Approved, July 24, 2014

Enforcement

NASB Financial, Inc., Grandview, Missouri -- written agreement issued November 29, 2012, terminated July 16, 2014.
-Announced, July 22, 2014

NexTier Incorporated, Butler, Pennsylvania -- written agreement issued October 4, 2010, terminated July 17, 2014.
-Announced, July 22, 2014

State Bank, New Hampton, Iowa -- issuance of a consent order of assessment of a civil money penalty.
-Announced, July 22, 2014

SunTrust Banks, Inc., Atlanta, Georgia; SunTrust Bank; and SunTrust Mortgage, Inc., Richmond, Virginia -- issuance of a consent order of assessment of a civil money penalty for unsafe and unsound practices in residential mortgage loan servicing and processing.
-Announced, July 25, 2014