Board Actions

Forms -- initial Board review to implement the Survey of Household Economics and Decisionmaking (FR 3077).
-Proposed, August 3, 2017

Term Deposit Facility -- floating-rate offering of seven-day term deposits with an early withdrawal feature, same-day settlement, and a maximum tender amount of $1 billion on August 10, 2017.
-Announced, August 3, 2017

Joint Account Requests -- final guidelines to evaluate requests for joint accounts at Federal Reserve Banks to facilitate settlement between depository institutions participating in private-sector payment systems.
-Approved, August 3, 2017

Large Financial Institution Rating System and Supervisory Guidance for Boards of Directors -- publication for comment of (1) a new supervisory rating system for large financial institutions and (2) supervisory guidance addressing the roles and responsibilities of boards of directors of bank and savings and loan holding companies, state member banks, and other institutions supervised by the Federal Reserve.
-Approved, August 2, 2017

Resolution Plans -- joint determination with the Federal Deposit Insurance Corporation (1) to move the resolution plan filing date for 21 foreign and domestic banking organizations to December 31, 2018; and (2) to notify Canara Bank and Mercantil Commercebank that they may file reduced resolution plans in 2017, 2018 and 2019.
-Approved, August 2, 2017

Federal One Holdings, LLC, Milton, Massachusetts; and Admirals Bancorp, Inc., Boston -- written agreement with the Federal Reserve Bank of Boston.
-Announced, August 1, 2017

First St. Charles Bancshares, Inc., Boutte, Louisiana -- written agreement issued December 21, 2011, terminated July 24, 2017.
-Announced, August 1, 2017

Mesquite Financial Services, Inc., Alice, Texas -- written agreement with the Federal Reserve Bank of Dallas and the Texas Department of Banking.
-Announced, August 1, 2017