Board Actions

Actions taken during the week ending July 4, 2015

Regulations and Policies

Host State Lending Ratios -- interagency release of the host state loan-to-deposit ratios used by the banking agencies to determine compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act.
-Announced, June 29, 2015

Enforcement

Cherokee Bancshares, Inc., St. Paul, Minnesota -- written agreement dated December 17, 2008, terminated June 29, 2015.
-Announced, July 2, 2015

Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., Utrecht, Netherlands, and Rabobank Nederland New York Branch, New York, New York -- written agreement with the Federal Reserve Bank of New York and the New York State Department of Financial Services.
-Announced, July 2, 2015

First Chatsworth Bankshares, Inc., Chatsworth, Georgia -- written agreement dated June 22, 2011, terminated June 30, 2015.
-Announced, July 2, 2015

Olmsted Holding Corporation, Rochester, Minnesota -- written agreement dated March 3, 2010, terminated June 30, 2015.
-Announced, July 2, 2015

Seaway Bancshares, Inc., Chicago, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, July 2, 2015