Board Actions

Actions taken during the week ending September 7, 2019

Bank Holding Companies

Hancock Whitney Corporation, Gulfport, Mississippi -- to merge with MidSouth Bancorp, Inc., Lafayette, Louisiana, and thereby indirectly acquire MidSouth Bank, N.A.
-Approved, September 5, 2019

Forms

Forms -- final Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with the Bureau of Consumer Financial Protection's Regulation E (FR E).
-Approved, September 3, 2019

Personnel

Division of Supervision and Regulation -- appointment of Kathleen Johnson and Steve Spurry as deputy associate directors.
-Announced, September 4, 2019

Management Division -- temporary reassignment of Steven Miranda as program executive in the Office of the Chief Operating Officer.
-Approved, August 30, 2019
(A/C)

Regulations and Policies

Prepaid Cards -- annual report to Congress on government-administered, general-use prepaid cards, in accordance with the Dodd-Frank Act.
-Approved, August 30, 2019
(A/C)

Regulatory Capital Rules -- publication for comment of a notice of proposed rulemaking to (1) implement a risk-based capital requirement for depository institution holding companies significantly engaged in insurance activities and (2) implement a new reporting form (FR Q-1, Reporting Form for the Capital Requirements for Board-Regulated Institutions Significantly Engaged in Insurance Activities).
-Approved, September 3, 2019

Enforcement

American Express Bank International (now known as Standard Chartered Bank International (Americas), Limited), Miami, Florida -- cease-and-desist order dated August 3, 2007, terminated August 27, 2019.
-Announced, September 5, 2019

First State Bank Nebraska, Lincoln, Nebraska -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
-Announced, September 5, 2019