Board Actions

Actions taken during the week ending April 25, 2015

Testimony and Statements

Community Bank Regulations -- statement by Maryann F. Hunter, deputy director, Division of Banking Supervision and Regulation, before a subcommittee of the House Committee on Financial Services on community financial institutions and regulatory relief for these institutions.
-Published, April 23, 2015

Forms

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with Real Estate Appraisal Standards for Federally Related Transactions Pursuant to Regulations H and Y (FR H-4) and to implement the Federal Reserve Board Public Website Usability Survey (FR 3076).
-Approved, April 21, 2015

Reserve Bank Operations

Federal Reserve Bank of Chicago -- authorization to establish an account for ICE Clear Credit LLC and to provide access to the Fedwire Funds Service and Fedwire Securities Service (free-of-payment delivery only), in accordance with the Dodd-Frank Act.
-Approved, April 21, 2015

Enforcement

Flathead Holding Company of Bigfork, Bigfork, Montana -- written agreement issued December 14, 2012, terminated April 20, 2015.
-Announced, April 23, 2015

PNBK Sponsor LLC, Stamford, Connecticut; PNBK Investment Partners LLC; PNBK Holdings LLC; and Patriot National Bancorp, Inc. -- written agreement issued August 3, 2012, terminated April 7, 2015.
-Announced, April 23, 2015