Board Actions

Actions taken during the week ending August 15, 2015

Reserve Bank Operations

Federal Reserve Bank of Dallas -- appointment of Robert S. Kaplan as president.
-Approved, August 13, 2015

Enforcement

Cecil Bank, Elkton, Maryland -- issuance of a prompt corrective action directive with the consent of the bank.
-Announced, August 11, 2015

Philippine National Bank, Pasay City, Philippines, and its New York, New York, branch -- written agreement dated May 8, 2009, terminated August 5, 2015.
-Announced, August 11, 2015