The E-mail Banking News
(Bank Regulatory News)
February 2012

February 29, 2012 - Federal Reserve Releases February Beige Book and Related Sound Clip - Audio highlights of the Federal Reserve's Beige Book, which summarize economic conditions for the United States as a whole and the Fed's Eighth District, are available for downloading. www.stlouisfed.org/newsroom/displayNews.cfm?article=1296

February 29, 2012 - FDIC Issues Second Quarter 2012 CRA Examination Schedule - The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act examination during the second quarter of 2012. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly CRA examination schedule at least 30 days before the beginning of each quarter. www.fdic.gov/news/news/press/2012/pr12024.html

February 29, 2012 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts.   www.federalreserve.gov/fomc/beigebook/2012/20120229/default.htm

February 29, 2012 - Chairman Ben S. Bernanke - Semiannual Monetary Policy Report to the Congress - Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/bernanke20120229a.htm

February 28, 2012 - FDIC-Insured Institutions Earned $26.3 Billion in the Fourth Quarter of 2011 - Full-Year Net Income of $119.5 Billion Is Highest Since 2006 - Media Contact: Andrew Gray - Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported an aggregate profit of $26.3 billion in the fourth quarter of 2011, a $4.9 billion improvement from the $21.4 billion in net income the industry reported in the fourth quarter of 2010. www.fdic.gov/news/news/press/2012/pr12023.html

February 28, 2012 - Monetary Policy in Emerging Market Economies: What Lessons From the Global Financial Crisis? - Brahima Coulibaly - During the 2008-2009 global financial crisis, emerging market economies (EMEs) loosened monetary policy considerably to cushion the shock. In previous crises episodes, by contrast, EMEs generally had to tighten monetary policy to defend the value of their currencies, to contain capital flight, and to bolster policy credibility. www.federalreserve.gov/pubs/ifdp/2012/1042/ifdp1042.pdf 

February 28, 2012 - Foreign Holdings of U.S. Treasuries and U.S. Treasury Yields - Daniel O. Beltran, Maxwell Kretchmer, Jaime Marquez, and Charles P. Thomas - Foreign official holdings of U.S. Treasuries increased from $400 billion in January 1994 to about $3 trillion in June 2010. Most of this growth is accounted for by a handful of emerging market economies that have been running large current account surpluses. www.federalreserve.gov/pubs/ifdp/2012/1041/ifdp1041.pdf

February 28 2012 - Chairman Bernanke's College Lecture Series - The Federal Reserve and the Financial Crisis - In March 2012, Chairman Ben S. Bernanke will deliver a four-part lecture series about the Federal Reserve and the financial crisis that emerged in 2007. The series begins with a lecture on the origins and missions of central banks, followed by a lecture that will discuss the role and actions of the Federal Reserve in the period after World War II. www.federalreserve.gov/newsevents/lectures/about.htm

February 28 2012 - Governor Elizabeth A. Duke - The Housing Market - Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. www.federalreserve.gov/newsevents/testimony/duke20120228a.htm 

February 27, 2012 - Freedom of Information Act - 2012 FOMC Chief FOIA Officer Report.  www.federalreserve.gov/fomc/foia/fomcservicecenter.htm

February 27 2012 - Legal Interpretation - Bank Holding Company/Change in Control, February 14, 2012.   www.federalreserve.gov/bankinforeg/LegalInterpretations/bhc_changeincontrol20120214.pdf

February 27, 2012 - Communications with the Public - The Federal Reserve Board will be involved in many rulemakings to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. During the rulemaking process, meetings will take place between the Board and the public--representatives of bank organizations, consumer groups, trade associations, researchers and academics--that allow the Board to gather information and help educate the public on matters subject to agency rulemaking. The meetings contribute to an informed rulemaking process. www.federalreserve.gov/newsevents/reform_meetings.htm 

February 27, 2012 - The Federal Reserve Board on Monday released action plans for supervised financial institutions to correct deficiencies in residential mortgage loan servicing and foreclosure processing. It also released engagement letters between supervised financial institutions and independent consultants retained by the firms to review foreclosures that were in process in 2009 and 2010. www.federalreserve.gov/newsevents/press/enforcement/20120227a.htm

February 24, 2012 - FDIC Approves the Payout of the Insured Deposits of Home Savings of America, Little Falls, Minnesota - Including two branches in Orange County, California, and one in Walnut Creek, California - The Federal Deposit Insurance Corporation approved the payout of the insured deposits of Home Savings of America, Little Falls, Minnesota. The bank was closed today by the Office of the Comptroller of the Currency, which appointed the FDIC as receiver. www.fdic.gov/news/news/press/2012/pr12022.html

February 24, 2012 - Consumption and the Great Recession - Mariacristina De Nardi, Eric French, and David Benson - The Great Recession of 2008–09 was characterized by the most severe year-over-year decline in consumption the United States had experienced since 1945. The consumption slump was both deep and long lived. It took almost 12 quarters for total real personal consumption expenditures (PCE) to go back to its level at the previous peak (2007:Q4). www.chicagofed.org/digital_assets/publications/economic_perspectives/2012/1Q2012_part1_denardi_french_benson.pdf

February 24, 2012 - The Chicago Fed National Activity Index decreased to +0.22 in January from +0.54 in December, but remained positive for the second straight month for the first time in a year. Three of the four broad categories of indicators that make up the index improved from December, and only the consumption and housing category’s contribution was negative in January. www.chicagofed.org/digital_assets/publications/cfnai/2012/cfnai_february2012.pdf 

February 24, 2012 - Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of Central Bank of Georgia, Ellaville, Georgia - Central Bank of Georgia, Ellaville, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie, Georgia, to assume all of the deposits of Central Bank of Georgia. www.fdic.gov/news/news/press/2012/pr12021.html

February 24 2012 - FDIC Makes Public January Enforcement Actions; Two Administrative Hearings Scheduled for March 2012 - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in January. Two administrative hearings are scheduled for March 2012. www.fdic.gov/news/news/press/2012/pr12020.html 

February 24 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm 
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February 24, 20912 - FDIC Makes Public January Enforcement Actions; Two Administrative Hearings Scheduled for March 2012 - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in January. Two administrative hearings are scheduled for March 2012. http://www.fdic.gov/news/news/press/2012/pr12020.html

February 23, 2012 - FDIC Consumer Newsletter Features Banking Tips for Small Businesses - Other topics include preventing elder fraud and overcoming problems managing a checking account - Small businesses are crucial to the U.S. economy and they're very important to their owners — the entrepreneurs who put their own money and long hours into operating and growing a company.  www.fdic.gov/news/news/press/2012/pr12019.html

February 23, 2012 - Federal Reserve Board issues enforcement action with Commerce Bancshares.   www.federalreserve.gov/newsevents/press/enforcement/20120223a.htm

February 22, 2012 - Consumption and the Great Recession - Mariacristina De Nardi, Eric French, and David Benson - The Great Recession of 2008–09 was characterized by the most severe year-over-year decline in consumption the United States had experienced since 1945. The consumption slump was both deep and long lived.  www.chicagofed.org/digital_assets/publications/economic_perspectives/2012/1Q2012_part1_denardi_french_benson.pdf

February 22, 2012 - Latest NCUA Video Available: February Economic Update - The National Credit Union Administration (NCUA) released the second video in the agency’s free “YouTube” economic update series today. www.ncua.gov/News/Pages/NW20120222EconVideo.aspx

February 21, 2012 - Regulatory Reform - Communications with the public through February 21, 2012.   www.federalreserve.gov/newsevents/reform_meetings.htm

February 21, 2012 - The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on January 23, 2012.   www.federalreserve.gov/newsevents/press/monetary/20120221a.htm

February 19, 2012 - People for People CDCU Purchased by TruMark Financial Credit Union - The National Credit Union Administration announced the liquidation of People for People Community Development Credit Union of Philadelphia today. TruMark Financial Credit Union of Philadelphia immediately purchased and assumed People for People CDCU’s members and loans. www.ncua.gov/News/Pages/NW20120219People.aspx

February 17, 2012 - OCC Newsletter Focuses on Bank Financing for Homeless Housing Facilities - The Office of the Comptroller of the Currency today published the latest edition of its Community Developments Investments electronic newsletter, titled "Ending Homelessness: Financing Permanent Supportive Housing," which provides an in-depth look at bank financing for permanent supportive housing for the homeless. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-29.html

February 17, 2012 - OCC Enforcement Actions - The Office of the Comptroller of the Currency today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-28.html

February 17, 2012 - Acting Comptroller Walsh Supports America Saves Week, February 19 - 25, 2012 - Acting Comptroller of the Currency John G. Walsh today issued the following statement in recognition of America Saves Week, February 19-25, 2012: www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-27.html

February 17, 2012 - Charge-Off and Delinquency Rates on Loans at Commercial Banks.  www.federalreserve.gov/releases/chargeoff/default.htm

February 17, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

February 17, 2012 - Monthly Report on Credit and Liquidity Programs and the Balance Sheet, February 2012 www.federalreserve.gov/monetarypolicy/files/monthlyclbsreport201202.pdf  ______________________________________

February 16, 2012 - Midwest Farmland Values Show Biggest Increase Since 1976 - Latest AgLetter reports farmland values for 2011 increased 22 percent from the previous year in the Seventh Federal Reserve District. www.chicagofed.org/digital_assets/publications/agletter/2010_2014/february_2012.pdf

February 16, 2012 - Steven B. Kamin, Director, Division of International Finance - The European Financial Situation - Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. www.federalreserve.gov/newsevents/testimony/kamin20120216a.htm 

February 16, 2012 - Chairman Ben S. Bernanke - Community Banking - At the Future of Community Banking Conference, sponsored by the Federal Deposit Insurance Corporation, Arlington, Virginia.  www.federalreserve.gov/newsevents/speech/bernanke20120216a.htm

February 16, 2012 - NCUA - NCUSIF Earns Clean Audit for 2011 - The National Credit Union Administration today released 2011 audited financial reports for the agency’s four permanent funds. All four funds received unqualified or “clean” audit opinions, including the National Credit Union Share Insurance Fund that protects deposits up to $250,000 for more than 91 million consumers at federally insured credit unions. www.ncua.gov/News/Pages/NW20120216Audit.aspx

February 15, 2012 - Office of the Comptroller of the Currency Promotes National Consumer Protection Week - The Office of the Comptroller of the Currency (OCC) promoted awareness of consumer protection resources during today’s National Consumer Protection Week event on Capitol Hill. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2011-26.html

February 15, 2012 - OCC Issues Monthly Cost of Funds Reports for December - The Office of the Comptroller of the Currency today issued the monthly Cost of Funds reports (current and historical), which provide information about funding costs, as of December 31, 2011, for institutions formerly regulated by the Office of Thrift Supervision.  www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-24.html

February 15, 2012 - Kansas City Fed Announces Advisory Council Appointments - The Federal Reserve Bank of Kansas City recently announced three appointments to its Community Depository Institution Advisory Council. The council, which was established in 2011, provides input to the Bank and its senior management on the economy, lending conditions and other issues. www.kc.frb.org/publicat/newsroom/2012pdf/press.release.02.15.12.pdf 

February 15, 2012 - St. Louis Fed President James Bullard Will Speak at U.S. Monetary Policy Forum.  www.stlouisfed.org/newsroom/displayNews.cfm?article=1289

February 15, 2012 - Industrial production was unchanged in January, as a gain of 0.7 percent in manufacturing was offset by declines in mining and utilities. Within manufacturing, the index for motor vehicles and parts jumped 6.8 percent and the index for other manufacturing industries increased 0.3 percent. www.federalreserve.gov/releases/g17/current/

February 15, 2012 - Deadline to Request Review Under the Independent Foreclosure Review Extended to July 31 - People seeking a review of their mortgage foreclosures under the Federal banking agencies' Independent Foreclosure Review now have until July 31, 2012, to submit their requests.
Press Release: www.federalreserve.gov/newsevents/press/other/20120215a.htm
Press Release: www.occ.gov/news-issuances/news-releases/2012/nr-ia-2012-25.html

February 15, 2012 - The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 24-25, 2012. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the January 24-25, 2012 meeting is also included as an addendum to these minutes. www.federalreserve.gov/newsevents/press/monetary/20120215a.htm

February 14, 2012 - Federal Reserve Board issues enforcement action with Commerce Bancshares.   www.federalreserve.gov/newsevents/press/enforcement/20120214a.htm

February 13, 2012 - Medicaid and the Elderly - In 2009, Medicaid spent over $75 billion on 5.3 million elderly beneficiaries. Economic Perspectives article describes the Medicaid rules for the elderly and discusses their economic implications. www.chicagofed.org/digital_assets/publications/economic_perspectives/2012/1Q2012_part2_denardi_french_jones_gooptu.pdf

February 13, 2012 - Consumption and the Great Recession - Economic Perspectives article addresses why the latest recession featured the most severe and persistent decline in aggregate consumption since WWII and why its recovery path has been so weak. www.chicagofed.org/digital_assets/publications/economic_perspectives/2012/1Q2012_part1_denardi_french_benson.pdf

February 13, 2012 - Is Intergenerational Economic Mobility Lower Now Than in the Past? - Understanding economic mobility and how prospects for today’s children may be affected by the recent economic downturn. www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflapril2012_297.pdf

February 13, 2012 - St. Louis Fed Invites Entries for Spring 2012 National Economic Education Video Competition - The Federal Reserve Bank of St. Louis is sponsoring its fourth national economic education YouTube video competition. The Bank is seeking creative videos that will help it teach an important personal finance lesson to high school audiences. The theme for the contest is managing student loans. www.stlouisfed.org/newsroom/displayNews.cfm?article=1282

February 13, 2012 - Federal Open Market Committee - 2006 Greenbooks, Bluebooks, and Agendas.   www.federalreserve.gov/monetarypolicy/fomchistorical2006.htm

February 13, 2012 - Regulatory Reform - Communications with the public through February 13, 2012.   www.federalreserve.gov/newsevents/reform_meetings.htm

February 13, 2012 - The Hitchhiker's Guide to Missing Import Price Changes and Pass-Through - Etienne Gagnon, Benjamin R. Mandel, and Robert J. Vigfusson - A large body of empirical work has found that exchange rate movements have only modest effects on inflation. However, the response of an import price index to exchange rate movements may be underestimated because some import price changes are missed when constructing the index. www.federalreserve.gov/pubs/ifdp/2012/1040/ifdp1040.pdf 

February 13, 2012 - The Federal Reserve Board on Monday released the orders related to the previously announced monetary sanctions against five banking organizations for unsafe and unsound processes and practices in residential mortgage loan servicing and processing. The Board reached an agreement in principle with these organizations for monetary sanctions totaling $766.5 million on February 9, 2012. www.federalreserve.gov/newsevents/press/enforcement/20120213a.htm 

February 10, 2012 - Office of the Comptroller of the Currency Hosts Workshops in New Jersey - The Office of the Comptroller of the Currency will host workshops for directors of nationally chartered community banks and federal savings associations in New Brunswick, New Jersey, at the Hyatt Regency New Brunswick, March 27-28, 2012. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-21.html

February 10, 2012 - First Merchants Bank, National Association, Muncie, Indiana, Assumes All of the Deposits of SCB Bank, Shelbyville, Indiana.   www.fdic.gov/news/news/press/2012/pr12018.html

February 10, 2012 - Barrington Bank & Trust Company, National Association, Barrington, Illinois, Assumes All of the Deposits of Charter National Bank and Trust, Hoffman Estates, Illinois.  www.fdic.gov/news/news/press/2012/pr12017.html.

February 10, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

February 10, 2012 - Reserve Bank Operations - Currency and Coin Services, 2011 data update.  www.federalreserve.gov/paymentsystems/coin_data.htm

February 10, 2012 - Chairman Ben S. Bernanke - Housing Markets in Transition - At the 2012 National Association of Homebuilders International Builders' Show, Orlando, Florida www.federalreserve.gov/newsevents/speech/bernanke20110210a.htm
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February 9, 2012 - The Federal Reserve Board on Thursday announced that it has reached an agreement in principle with five banking organizations regarding the issuance of monetary sanctions against the organizations totaling $766.5 million. The monetary sanctions would be assessed for unsafe and unsound processes and practices in residential mortgage loans servicing and foreclosure processing.
Press Release: www.federalreserve.gov/newsevents/press/enforcement/20120209a.htm
Press Release: www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-20.html

February 9, 2012 - February 2012 Issue of The NCUA Report is now available - The NCUA Report is NCUA’s flagship publication that highlights important NCUA Board actions and key issues that credit union volunteers and management need to know. It is a one-stop resource to learn not just the “what” but also the “why” behind NCUA’s actions. www.ncua.gov/News/NewsLtrs/Pages/default.aspx

February 9, 2012 - Freedom of Information Act - 2012 Board and Reserve Bank Budgets www.federalreserve.gov/generalinfo/foia/readingroom.cfm

February 8, 2012 - Consumption and the Great Recession - Economic Perspectives article addresses why the latest recession featured the most severe and persistent decline in aggregate consumption since WWII and why its recovery path has been so weak. www.chicagofed.org/digital_assets/publications/economic_perspectives/2012/1Q2012_part1_denardi_french_benson.pdf

February 8, 2012 - The Federal Reserve Board on Wednesday announced its approval of the notice by Hana Financial Group Inc., Seoul, Korea, to acquire indirect controlling interests in KEB NY Financial Corp., New York, New York, and KEB LA Financial Corp., Los Angeles, California. www.federalreserve.gov/newsevents/press/orders/20120208a.htm

February 7, 2012 - Statistical Release - G.19 Consumer Credit - Consumer credit increased at an annual rate of 7-1/2 percent in the fourth quarter. Revolving credit increased at an annual rate of 4-1/2 percent, and nonrevolving credit increased 9 percent. In December, consumer credit increased at an annual rate of 9-1/4 percent. www.federalreserve.gov/releases/g19/current/default.htm

February 7, 2012 - Federal Reserve Board issues enforcement actions with Ambank Holdings, Brogan Bankshares, and CoastalSouth Bancshares.   www.federalreserve.gov/newsevents/press/enforcement/20120207a.htm

February 6, 2012 - OCC Will Hold Hearing on Charges against Steven Ellsworth and Kevin Stevenson; Agency Seeks Prohibition Orders, Restitution Orders, and Civil Money Penalties - The Office of the Comptroller of the Currency today announced a public hearing before an Administrative Law Judge beginning Monday, February 13, 2012, with respect to enforcement actions brought by the OCC against Steven Ellsworth, former Director and Chief Credit Officer, and Kevin Stevenson, former Director and Chief Operations Officer, of Valley Capital Bank, N.A., Mesa, Arizona. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-19.html

February 6, 2012 - FDIC Issues List of Banks Examined for CRA Compliance - The Federal Deposit Insurance Corporation today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act.   www.fdic.gov/news/news/press/2012/pr12016.html

February 6, 2012 - Regulatory Reform - Communications with the public through February 6, 2012.   www.federalreserve.gov/newsevents/reform_meetings.htm

February 3, 2012 - Why Has Labor Force Participation Declined? - Chicago Fed Letter examines long-term patterns beyond the recession that help explain why the labor force participation rate is lower today. http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmarch2012_296.pdf

February 3, 2012 - Office of the Comptroller of the Currency Hosts Workshop in Delaware - The Office of the Comptroller of the Currency will host a workshop for directors of nationally chartered community banks and federal savings associations in Wilmington, Delaware, at the Hotel DuPont, March 19-21, 2012. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-18.html 

February 3, 2012 - Employment Dynamics During Economic Recoveries by Constanza S. Liborio and Juan M. Sánchez in Federal Reserve Bank of St. Louis Economic Synopses, 2012-01-20 2012, No. 2 - Employment turnover was significantly lower following the Great Recession than following the previous two recessions. - The change in employment, or net change in employment, is a commonly used measure of labor market activity.  http://research.stlouisfed.org/publications/es/article/9108

February 3, 2012 - Company-Run Stress Tests Required by the Dodd-Frank Act - The FDIC is seeking comment on a Notice of Proposed Rulemaking (NPR) to implement requirements of Section 165 (i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Under this section of the Act, FDIC-insured state nonmember banks and FDIC-insured state-chartered savings associations with total consolidated assets of more than $10 billion are required to conduct annual stress tests under regulations prescribed by the FDIC. www.fdic.gov/news/news/financial/2012/fil12007.html 

February 3, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
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February 2, 2012 - Chairman Ben S. Bernanke - The Economic Outlook and the Federal Budget Situation - Before the Committee on the Budget, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/bernanke20120202a.htm

February 2, 2012 - Office of the Comptroller of the Currency Moves Toward Paperless Delivery of News and Information - The Office of the Comptroller of the Currency today announced plans to end paper distribution of news and issuances by June 1, 2012. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-17.html

February 2, 2012 - Deposit Insurance Coverage - Free Nationwide Telephone Seminars for Bank Officers and Employees - The FDIC will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between February 15, 2012 and December 6, 2012.   www.fdic.gov/news/news/financial/2012/fil12005.html

February 2, 2012 - Banker Teleconference Series - Timely and Comprehensive Compliance Information and Insights from the FDIC - Staff from the FDIC's Division of Depositor and Consumer Protection will host several banker teleconferences during 2012. www.fdic.gov/news/news/financial/2012/fil12006.html

February 1, 2012 - Why Has Labor Force Participation Declined? - Chicago Fed Letter examines long-term patterns beyond the recession that help explain why the labor force participation rate is lower today. http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmarch2012_296.pdf

February 1, 2012 - NCUA - National Credit Union Administration Executive Director David Marquis testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit here today on H.R. 3461, the Financial Institutions Examination Fairness and Reform Act. www.ncua.gov/News/Pages/NW20120201MarquisTestimony.aspx

February 1, 2012 - Senior Deputy Comptroller Testifies on H.R. 3461 - Senior Deputy Comptroller for Midsize/Community Bank Supervision Jennifer Kelly today testified about H.R. 3461 before the House Financial Services' Subcommittee on Financial Institutions and Consumer Credit. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-16.html 

February 1, 2012 - Proposal to approve under OMB delegated authority the extension for three years, with revision of the following reports: FR 2018 and FR 2023. www.federalreserve.gov/boarddocs/press/foiadocs/2012/20120201/foia20120201.pdf

February 1, 2012 - Annual Report on the Freedom of Information Act for Fiscal Year 2011 - Board of Governors of the Federal Reserve System - The following information is submitted to the U.S. Department of Justice by the Board of Governors of the Federal Reserve System (Board) in accordance with the requirements of the Freedom of Information Act (5 U.S.C. § 552(e)) (FOIA), as amended. www.federalreserve.gov/generalinfo/foia/anrpt_2011.htm

February 1, 2012 - Kevin M. Bertsch, Associate Director, Division of Banking Supervision and Regulation Banking Supervision - Before the Subcommittee on Financial Institutions and Consumer Credit, Committee on Financial Services, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/bertsch20120201a.htm