Board Actions

Actions taken during the week ending January 31, 2015

Bank Branches, Domestic

Frost Bank, San Antonio, Texas -- petition for review of an application to establish a branch at 150 East Highway 67, Duncanville, approved by the Federal Reserve Bank of Dallas under delegated authority.
-Denied, January 31, 2015

Personnel

Division of Financial Management -- appointment of Karen Vassallo as deputy associate director.
-Announced, January 28, 2015

Regulations and Policies

Private Student Loans -- interagency guidance to financial institutions regarding private student loans with graduated repayment terms at origination.
-Announced, January 29, 2015

Small Bank Holding Company Policy Statement -- publication for comment of an interim final rule and a notice of proposed rulemaking to implement recent statutory changes to the policy statement and to reduce reporting requirements for certain bank holding companies and savings and loan holding companies.
-Approved, January 26, 2015

Reserve Bank Services

Strategies for Improving the U.S. Payment System -- publication, jointly with the Reserve Banks, of a paper that communicates the Federal Reserve's vision for improving the payment system in the United States.
-Announced, January 26, 2015