Board Actions

Actions taken during the week ending March 5, 2016

Forms

Forms -- final Board review to implement the Application for Membership for the Community Advisory Council (FR 1401).
-Approved, February 29, 2016

Personnel

Division of Reserve Bank Operations and Payment Systems -- appointment of Travis Nesmith and Marta Chaffee as assistant directors and David Mills as deputy associate director, and reassignment of Jeff Walker.
-Announced, March 1, 2016

Regulations and Policies

Regulation YY (Enhanced Prudential Standards) -- publication for comment of proposed rule to establish single-counterparty credit limits for large U.S. bank holding companies and foreign banking organizations.
-Approved, March 4, 2016

Enforcement

ColoEast Bankshares, Inc., Lamar, Colorado -- written agreement issued June 6, 2012, terminated February 29, 2016.
-Announced, March 3, 2016

Community First, Inc., Columbia, Tennessee -- written agreement issued April 19, 2012, terminated February 29, 2016.
-Announced, March 3, 2016

CSRA Bank Corp., Wrens, Georgia -- written agreement issued August 19, 2010, terminated January 20, 2016.
-Announced, March 1, 2016

FMB Equibanc, Inc., Statesboro, Georgia -- written agreement issued April 23, 2010, terminated February 25, 2016.
-Announced, March 1, 2016

Industrial Bank of Korea, Seoul, Korea, and its New York, New York Branch -- written agreement with the Federal Reserve Bank of New York and the New York State Department of Financial Services.
-Announced, March 1, 2016

Valley Bancorp, Inc., Brighton, Colorado -- written agreement issued August 27, 2009, terminated February 26, 2016.
-Announced, March 3, 2016