Board Actions

Actions taken during the week ending May 4, 2019

Board Operations

System of Records -- publication for comment of a notice to modify an existing system of records, FRB-Recruiting and Placement Records, to be renamed FRB-Recruiting, Placement, and Onboarding Records (BGFRS-1).
-Approved, April 23, 2019
(A/C)

Regulations and Policies

Regulation EE (Netting Eligibility for Financial Institutions) -- publication for comment of a notice of proposed rulemaking amending the regulation to include certain new entities in the definition of "financial institution" in the Federal Deposit Insurance Corporation Improvement Act so that they would be covered by the act's netting provisions.
-Approved, April 23, 2019
(A/C)

Enforcement

Centennial Bank, Lubbock, Texas -- issuance of a consent order of prohibition against Christopher O'Connell, a former institution-affiliated party of Centennial Bank.
-Announced, May 2, 2019