Board Actions

Actions taken during the week ending October 14, 2017

Monetary and Financial Policy

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 October 19, 2017.
-Announced, October 12, 2017

Regulations and Policies

Disaster-Related Appraisal Exceptions -- interagency statement and order granting temporary exceptions to appraisal requirements for real estate-related financial transactions in declared disaster areas affected by Hurricanes Harvey, Irma, and Maria.
-Approved, October 10, 2017

Enforcement

Bank of Gueydan, Gueydan, Louisiana -- issuance of a consent order of assessment of a civil money penalty.
-Announced, October 11, 2017

Citizens First State Bank of Walnut, Walnut, Illinois -- written agreement dated October 29, 2009, terminated October 6, 2017.
-Announced, October 12, 2017

Farmers State Bank, Victor, Montana -- issuance of a consent order of assessment of a civil money penalty.
-Announced, October 11, 2017