Board Actions

Community Depository Institutions Advisory Council -- announcement of members and designation of John B. Dicus as president and Michael J. Castellana as vice president for 2015.
-Announced, October 8, 2014

Forms -- initial Board review to extend without revision the Application for Membership in the Federal Reserve System (FR 2083-2083C), Federal Reserve bank stock applications (FR 2030, FR 2030a, FR 2056, FR 2086, FR 2086a, and FR 2087), and reports related to extensions of credit secured by margin stock (FR G-1, FR G-2, FR G-3, FR G-4, FR T-4, and FR U-1).
-Proposed, October 8, 2014

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with an early withdrawal feature and a maximum tender amount of $5 billion on October 14, 2014.
-Announced, October 9, 2014

Office of Board Members -- appointment of William English as adviser to the Board for monetary policy.
-Announced, October 8, 2014

Office of Financial Stability Policy & Research -- appointment of Rochelle Edge as deputy associate director and Michael Kiley as senior associate director.
-Announced, October 9, 2014

Fayette County Bank, St. Elmo, Illinois -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, October 7, 2014

First American International Corporation, Brooklyn, New York -- written agreement issued March 18, 2011, terminated October 7, 2014.
-Announced, October 9, 2014

First Security Group, Inc., Chattanooga, Tennessee -- written agreement issued September 7, 2010, terminated October 2, 2014.
-Announced, October 7, 2014

South Group Bancshares, Inc., Glennville, Georgia -- written agreement issued August 31, 2010, terminated October 1, 2014.
-Announced, October 7, 2014