Board Actions

Actions taken during the week ending March 2, 2019

Testimony and Statements

Monetary Policy -- statement by Chairman Powell before the Senate Committee on Banking, Housing, and Urban Affairs on February 26 and the House Committee on Financial Services on February 27, 2019, on the semiannual monetary policy report to the Congress.
-Published, February 26, 2019

Forms

Forms -- initial Board review to extend without revision the Disclosure Requirements of Regulation Y Associated with Minimum Requirements for Appraisal Management Companies (FR HY-5).
-Proposed, February 26, 2019

Savings and Loan Holding Companies

WSFS Financial Corporation, Wilmington, Delaware -- to acquire Beneficial Bancorp, Inc., Philadelphia, and thereby indirectly acquire Beneficial Bank.
-Approved, February 27, 2019

Enforcement

FCB Financial Corp., Savannah, Georgia -- written agreement dated November 12, 2010, terminated February 26, 2019.
-Announced, February 28, 2019

OakStar Bank, Springfield, Missouri -- issuance of a consent order of prohibition against Caleb T. Jones, a former institution-affiliated party of OakStar Bank.
-Announced, February 28, 2019

Wintrust Financial Corporation, Rosemont, Illinois -- issuance of a consent order of assessment of a civil money penalty.
-Announced, February 28, 2019