Board Actions

Actions taken during the week ending November 14, 2015

Bank Holding Companies

Baylake Corp., Sturgeon Bay, Wisconsin, and Baylake Bank -- to merge with NEW Bancshares, Inc., Kewaunee, and thereby indirectly acquire its subsidiary bank, Union State Bank; and for Baylake Bank to merge with Union State Bank, Kewaunee, and thereby establish branches.
-Approved, November 11, 2015

Bank Mergers

Farmers Bank of Northern Missouri, Unionville, Missouri -- to merge with Flowers National Bank, Cainsville, and thereby establish branches.
-Approved, November 11, 2015

Banks, Nonmember, and Miscellaneous Institutions

CLS Bank International, New York, New York -- to add the Hungarian forint as a settlement-eligible currency.
-Approved, November 8, 2015

Forms

Forms -- final Board review to extend with revision the Complex Institution Liquidity Monitoring Report (FR 2052a) and Liquidity Monitoring Report (FR 2052b).
-Approved, November 11, 2015

Forms -- initial Board review to extend with revision the Federal Reserve Payments Study, including the Depository and Financial Institutions Payments Survey (FR 3066a); Networks, Processors, and Issuers Payments Surveys (FR 3066b); Check Sample Survey (FR 3066c); and Retail Payments Survey Supplement (FR 3066d).
-Proposed, November 14, 2015

Regulations and Policies

Financial Market Infrastructures -- publication for comment of proposed changes to the Federal Reserve's supervisory rating system for financial market infrastructures subject to Federal Reserve supervision.
-Approved, November 2, 2015
(A/C)

Savings and Loan Holding Companies

SFSB, Inc., Bel Air, Maryland -- dissolution plan, waiver of notice requirement for shareholder meeting, and bylaw amendment.
-Approved, November 13, 2015

Enforcement

Credit Suisse AG, Zurich, Switzerland -- denial of request by Roger Schaerer, an institution-affiliated party, to withdraw a notice of prohibition issued against him.
-Announced, November 10, 2015

East West Bank, Pasadena, California -- written agreement with the Federal Reserve Bank of San Francisco.
-Announced, November 12, 2015

The Bank of Nova Scotia, Toronto, Canada, and Bank of Nova Scotia New York Agency, New York, New York -- written agreement with the Federal Reserve Bank of New York and the New York State Department of Financial Services.
-Announced, November 10, 2015