Board Actions

Actions taken during the week ending May 21, 2022

Bank Holding Companies

Bank of Montreal, Montreal, Canada -- interagency notice of public meeting to be held virtually on July 14, 2022, on the proposal to acquire BancWest Holding Inc., and Bank of the West, both of San Francisco, California; and extension of the public comment period through July 19, 2022.
-Approved, May 16, 2022

The Toronto-Dominion Bank, Toronto, Ontario, Canada -- interagency notice of public meeting to be held virtually on August 18, 2022, on the proposal to acquire First Horizon Corporation, Memphis, Tennessee; and extension of the public comment period through August 23, 2022.
-Approved, May 16, 2022

Personnel

Division of Research and Statistics -- appointment of Binoy Agarwal, Debbie Flores, Karen Krugman, and Chris Kurz as assistant directors and Byron Lutz and Raven Molloy as deputy associate directors.
-Announced, May 19, 2022

Regulations and Policies

Regulation J -- final rule that governs funds transfers over the Federal Reserve Banks' FedNow Service.
-Approved, May 16, 2022