Board Actions

Actions taken during the week ending August 27, 2016

Regulations and Policies

Financial Market Infrastructures -- publication of notice adopting the supervisory rating system for financial market infrastructures subject to Federal Reserve supervision.
-Approved, August 22, 2016

Enforcement

Central State Bank (now CBI Bank & Trust), Muscatine, Iowa -- issuance of a cease and desist order and assessment of a civil money penalty upon the consent of Christopher Watkins, a former institution-affiliated party.
-Announced, August 23, 2016

Cornerstone Bank, Overland Park, Kansas -- written agreement dated January 14, 2010, terminated August 22, 2016.
-Announced, August 25, 2016

Orient Bancorporation, San Francisco, California, and Bank of the Orient -- written agreement dated November 16, 2010, terminated August 18, 2016.
-Announced, August 23, 2016