Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending June 8, 2024
Bank Holding Companies
VersaHoldings US Corp., Wilmington, Delaware, and its parent companies GBH Inc., Breslau, Canada, and VersaBank, London, Canada -- (1) to become bank holding companies by acquiring Stearns Bank Holdingford National Association, Holdingford, Minnesota, and (2) to engage de novo in extending credit and servicing loans, through VersaFinance US Corp., Wilmington, Delaware.
Approved: June 4, 2024
Forms
FR 2004 -- final Board review to extend with revision the Government Securities Dealers Reports.
Approved: June 3, 2024
FR 2070 -- final Board review to extend without revision the Interagency Bank Merger Act Application.
Approved: June 3, 2024
FR 2081a, 2081b, and 2081c -- final Board review to extend without revision the Interagency Notice of Change in Control, Interagency Notice of Change in Director or Senior Executive Officer, and Interagency Biographical and Financial Report.
Approved: June 3, 2024
FR 2314, 2314S, Y-11, and Y-11S -- initial Board review to extend with revision the Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations and U.S. Nonbank Subsidiaries of U.S. Holding Companies.
Approved: June 3, 2024
FR 2886b -- initial Board review to extend with revision the Consolidated Report of Condition and Income for Edge and Agreement Corporations.
Approved: June 3, 2024
FR HMDA LAR -- initial Board review to extend without revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's Home Mortgage Disclosure Act (HMDA) Loan/Application Register Required by Regulation C.
Approved: June 3, 2024
FR Y-7N, Y-7NS, and FR Y-7Q -- initial Board review to extend with revision the Reports of Foreign Banking Organizations.
Approved: June 3, 2024
FR Y-9 and Y-9LP -- initial Board review to extend with revision the Financial Statements for Holding Companies.
Approved: June 3, 2024
FR Z -- initial Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's Regulation Z.
Approved: June 3, 2024
Personnel
Division of Consumer and Community Affairs -- appointment of Susan Torzilli as assistant director.*
Approved: May 3, 2024
*Addition
Division of International Finance -- appointment of Jennifer Crystal as deputy associate director.*
Approved: May 20, 2024
*Addition