Board Actions

Actions taken during the week ending June 18, 2016

Bank Branches, Domestic

Compass Bank, Birmingham, Alabama -- to establish a branch at 5900 Quebec Street, Fort Worth, Texas.
-Approved, June 16, 2016

Forms

Forms -- final Board review to extend without revision the Consumer Satisfaction Questionnaire (FR 1379), Notice of Branch Closure (FR 4031), and Survey to Obtain Information on the Relevant Market in Individual Merger Cases (FR 2060).
-Approved, June 16, 2016

Personnel

Office of the Chief Data Officer -- appointment of Phillip Daher as assistant director.
-Approved, June 15, 2016

Office of the Secretary -- appointment of Yao-Chin Chao as assistant secretary.
-Approved, June 15, 2016

Regulations and Policies

Accounting Standard -- interagency statement on a new accounting standard, issued by the Financial Accounting Standards Board, about credit losses on financial instruments.
-Announced, June 17, 2016

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 17, 2016

Enforcement

Affinity Financial Corporation, Newport Beach, California; and Waterfield Financial Services, Inc. (now known as Affinity Financial Centers, Inc.), Indianapolis, Indiana -- issuance of a consent cease and desist order.
-Approved, June 5, 2016
(A/C)

First National Bancshares, Inc., Goodland, Kansas -- written agreement dated September 10, 2009, terminated June 7, 2016.
-Announced, June 14, 2016