Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Civil money penalties were assessed against First Ipswich Bank (Ipswich, Mass.) and Brookline Bank (Brookline, Mass.) of $20,000 and $36,000, respectively, over violations of federal flood insurance rules, according to orders executed last week by […]
A former head teller and vault custodian for Farmers & Merchants Bank (Baldwin, Miss.) who embezzled about $441,321 over a 12-year period would be barred from participating in the affairs of any federally insured financial […]
The chairman and vice chairman (for supervision) of the Federal Reserve will be on the podia this week, and the board of the federal insurer of bank deposits will be the first bank regulator to […]
A floating-rate offering of term deposits with an early withdrawal feature through the Term Deposit Facility (TDF) will be offered Aug. 22, the Federal Reserve said Thursday – part of the central bank’s periodic testing […]
The president’s reappointment of Federal Reserve Board Gov. Michelle (“Miki”) Bowman to a full, 14-year term on the board could clear a routine procedural vote in the Senate shortly after that body resumes work Sept. […]
Title: Regulation D: Reserve Requirements of Depository Institutions Subject: Interest on reserves Agency: Federal Reserve Status: Final rule Summary: The Board of Governors of the Federal Reserve System (“Board”) is amending Regulation D (Reserve Requirements […]
Title: Regulation A: Extensions of Credit by Federal Reserve Banks Subject: Primary, secondary credit Agency: Federal Reserve Status: Final rule Summary: The Board of Governors of the Federal Reserve System (“Board”) has adopted final amendments […]
(Updated Aug. 12, 2019) An interchange transaction fee survey that is completed annually by debit card issuers and payment card networks and submitted to the Federal Reserve would be renewed for three years with revisions […]
The rates depository institutions must pay the Federal Reserve Banks for primary and secondary credit extensions were both reduced by a quarter percentage point in July and were applicable Aug. 1, according to a Federal […]
Interest rates paid to banks are reduced by 25 basis points for reserve balance requirements and excess balances under a final rule by the Federal Reserve, according to a notice filed with the Federal Register […]
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