Board Actions

Actions taken during the week ending June 10, 2017

Bank Holding Companies

Canadian Imperial Bank of Commerce, Toronto, Canada, and CIBC Holdco Inc., New York, New York -- to acquire PrivateBancorp, Inc., Chicago, Illinois, and thereby indirectly acquire The PrivateBank and Trust Company.
-Approved, June 6, 2017

Forms

Forms -- initial Board review to extend with revision the Capital Assessments and Stress Testing information collection (FR Y-14A/Q/M).
-Proposed, June 6, 2017

Personnel

Division of Supervision and Regulation -- appointment of Mary Aiken as senior associate director.
-Announced, June 5, 2017

Savings and Loan Holding Companies

TIAA Board of Overseers, New York, New York; Teachers Insurance and Annuity Association of America; and TCT Holdings, Inc. -- to acquire EverBank Financial Corp, Jacksonville, Florida, and thereby indirectly acquire EverBank, a federal savings association.
-Approved, June 6, 2017

Enforcement

EverBank Financial Corp, Jacksonville, Florida -- issuance of a consent order of assessment of a civil money penalty against EverBank Financial Corp for mortgage servicing deficiencies, and termination of a related enforcement action issued in April 2011.
-Approved, June 8, 2017

Regions Bank, Birmingham, Alabama -- issuance of consent orders of prohibition against Richard Alan Henderson and Philip Henry Cooper, both former employees and institution-affiliated parties.
-Announced, June 7, 2017