Board Actions

Actions taken during the week ending January 22, 2022

Forms

Forms -- initial Board review to extend with revision the Application to Become a Savings and Loan Holding Company or to Acquire a Savings Association or Savings and Loan Holding Company (FR LL-10(e)); initial Board review to extend without revision the Notice of Proposed Declaration of Dividend (FR 1583), Notice Claiming Status as an Exempt Transfer Agent (FR 4013), and Recordkeeping Provisions Associated with the Interagency Statement on Complex Structured Finance Activities (FR 4022); and final Board review to extend with revision the Weekly Report of Selected Assets and Liabilities of Domestically Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks (FR 2644) and Disclosure Requirements of Subpart H of Regulation H (Consumer Protection in Sales of Insurance) (FR H-7).
-Approved, January 18, 2022

Forms -- final Board review to extend with revision the Report of Selected Money Market Rates (FR 2420).
-Approved, January 18, 2022

Other Actions

U.S. Central Bank Digital Currency (CBDC) -- discussion paper on the pros and cons of a potential U.S. CBDC and invitation for public comment.
-Published, January 20, 2022

Personnel

Division of Monetary Affairs -- appointment of Andrew Meldrum as assistant director.
-Announced, January 19, 2022

Enforcement

Allegiant United Holdings, LLC; Nano Financial Holdings, Inc.; and Nano Banc, all of Irvine, California -- issuance of a consent cease-and-desist order.
-Announced, January 18, 2022

Iowa Prairie Bank, Brunsville, Iowa -- written agreement dated April 20, 2021, terminated January 4, 2022.
-Announced, January 18, 2022

Manufacturers and Traders Trust Company, Buffalo, New York -- consent order of prohibition against Tylifa A. Milton, a former institution-affiliated party.
-Announced, January 20, 2022

Mariner's Bancorp, Edgewater, New Jersey -- written agreement dated May 25, 2012, terminated January 6, 2022.
-Announced, January 18, 2022