Board Actions

Forms -- initial Board review to extend with revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with the Home Mortgage Disclosure Act (HMDA) and Loan/Application Register (LAR) required by Regulation C (FR HMDA LAR).
-Proposed, August 21, 2018

Forms -- initial Board review to implement the Report of Institution-to-Aggregate Granular Data on Assets and Liabilities on an Immediate Counterparty Basis (FR 2510).
-Proposed, August 21, 2018

Division of Supervision and Regulation -- appointment of Molly Mahar as associate director and James Ray Diggs, Susan Motyka, and Joanne Wakim as deputy associate directors.
-Announced, August 22, 2018

Examination Cycle -- interagency interim final rule and request for comment to increase the asset threshold below which certain small insured depository institutions and U.S. branches and agencies of foreign banks may qualify for an extended examination cycle, from 12 to 18 months, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
-Approved, August 21, 2018

Liquidity Coverage Ratio (LCR) -- interagency interim final rule and request for comment to modify the LCR rule to treat certain municipal obligations as high-quality liquid assets, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
-Approved, August 21, 2018

Small Bank Holding Company and Savings and Loan Holding Company Policy Statement -- (1) interim final rule and request for comment to raise the asset size threshold, from $1 billion to $3 billion of total consolidated assets, for determining applicability of the policy statement, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act; and (2) associated changes to reporting requirements.
-Approved, August 21, 2018

Covenant Bancgroup, Inc., Leeds, Alabama -- written agreement dated December 28, 2015, terminated August 7, 2018.
-Announced, August 23, 2018