Board Actions

Actions taken during the week ending October 18, 2014

Bank Mergers

Central Bank of Audrain County, Mexico, Missouri -- to acquire the Vandalia branch of First State Community Bank, Farmington, and thereby establish a branch.
-Approved, October 16, 2014

Forms

Forms -- final Board review to extend with revision the Annual Company-Run Stress Test information collection for $10 billion to $50 billion companies (FR Y-16).
-Approved, October 17, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with an early withdrawal feature and a maximum tender amount of $10 billion on October 20, 2014.
-Announced, October 16, 2014

Regulations and Policies

Regulations Y (Bank Holding Companies and Change in Bank Control) and YY (Enhanced Prudential Standards) -- final rule to modify the regulations for capital planning and stress testing, including adjustments to time frames and other clarifications.
-Approved, October 16, 2014