Bank
Regulatory News
January 2006
With more than 40 years auditing only
financial institutions, my experience to test your Internet
and internal IT operations for
vulnerabilities and understand your IT operation is unmatched.
Please visit
http://www.yennik.com for more detailed information.
January 31, 2006 - Ben S. Bernanke confirmed as Chairman and
member of the Board of Governors. Private swearing-in ceremony scheduled for
February 1.
www.federalreserve.gov/boarddocs/press/other/2006/20060131/default.htm
January 31, 2006 - FOMC statement and Board approval of discount rate
requests of the Federal Reserve Banks of Boston, New York, Philadelphia,
Cleveland, Richmond, Atlanta, Chicago, St. Louis, Kansas City, Dallas, and
San Francisco
www.federalreserve.gov/boarddocs/press/monetary/2006/20060131/default.htm
January 30, 2006 - The Federal Financial Institutions Examination Council
announced today a new appointment to its State Liaison Committee. The
Council has appointed Mick Thompson, Oklahoma State Banking Commissioner, to
fill the vacancy created by the retirement of Richard C. Houseworth,
Superintendent of Banks for the Arizona State Banking Department.
www.ffiec.gov/press/pr013006.htm
January 27, 2006 - NCUA Board Member Hyland Highlights Uniqueness of Credit
Unions - In her first address to a state league meeting, National Credit
Union Administration Board Member Gigi Hyland commended attendees of the
Connecticut Credit Union Association's Governmental Affairs Conference for
their advocacy efforts.
www.ncua.gov/news/press_releases/2006/NR06-0127.htm
January 27, 2006 - Bank Secrecy Act/Anti-Money Laundering: Advisory warns
financial institutions of North Korean front companies: FinCEN guidance -
FinCEN Advisory: front companies for the North Korean government may seek
banking services elsewhere following Banco Delta Asia SARL's being named a
"primary money laundering concern."
Press Release:
www.occ.treas.gov/ftp/bulletin/2006-3.txt
Attachment:
www.fincen.gov/advisory.pdf
January 27, 2006 - Bank Secrecy Act/Anti-Money Laundering: Joint Statement
on Sharing Suspicious Activity Reports with Controlling Companies - A
foreign bank's U.S. branch may disclose a suspicious activity report to its
head office; a U.S. bank may disclose the same to controlling companies.
Press Release:
http://www.occ.treas.gov/ftp/bulletin/2006-4.txt
Attachment:
www.fincen.gov/sarsharingguidance01122006.pdf
January 27, 2006 - Revisions to the Reports of Condition and Income - The
Federal Financial Institutions Examination Council has approved revisions to
the reporting requirements for the Reports of Condition and Income that will
be phased in over the next two years. The FFIEC is providing this advance
notification to assist you in planning for these changes. The U.S. Office of
Management and Budget must approve these changes before they become final.
www.fdic.gov/news/news/financial/2006/fil06007.html
_________________
January 26, 2006 - The Federal Reserve Board on Thursday
announced its approval of the application filed by Huntington
Bancshares, Incorporated, Columbus, Ohio, to acquire Unizan
Financial Corp. and its subsidiary bank, Unizan Bank, National
Association, both of Canton, Ohio.
www.federalreserve.gov/boarddocs/press/orders/2006/20060126/default.htm
January 26, 2006 - New FDIC Tool Helps Consumers Protect
Themselves Against Identity Theft and Suggests Steps They can
Take if Victimized Don't Be an On-line Victim: How to Guard
Against Internet Thieves and Electronic Scams - The Federal
Deposit Insurance Corporation today released an on-line
multimedia education tool that consumers can use to learn how to
better protect their computers and themselves from identity
thieves.
www.fdic.gov/news/news/press/2006/pr06008.html
January 26, 2006 - Exchange-Rate Pass-Through in the G-7
Countries - Jane E. Ihrig; Mario Marazzi; Alexander D.
Rothenberg - This paper examines the current thinking on
exchange-rate pass-through to both import prices and consumer
prices and estimates the extent to which they have fallen in the
G-7 countries since the late 1970s and 1980s.
www.federalreserve.gov/pubs/ifdp/2006/851/ifdp851.pdf
January 25, 2006 - St. Louis Fed Announces Changes to Board of
Directors - The Federal Reserve Bank of St. Louis announced the
following elections, appointments and reappointments to its
board of directors.
www.stlouisfed.org/news/releases/2006/01_25_06.htm
January 25, 2006 - OCC Announces New Electronic Interpretations
and Actions - January 2006.
www.occ.treas.gov/interp/jan06/intjan06.htm
January 25, 2006 - The Federal Reserve Board announced on
Wednesday that Michelle A. Smith is resigning her position as
Assistant to the Board and Director of the Office of Board
Members. The Board also announced the appointments of David W.
Skidmore and Rose Pianalto Cameron as Assistants to the Board,
effective February 1, 2006.
www.federalreserve.gov/boarddocs/press/other/2006/20060125/default.htm
January 25, 2006 - Statistical Release - E.15 Agricultural
Finance Databook.
www.federalreserve.gov/Releases/E15/default_2005.htm
January 24, 2006 - NCUA Announces 2006 schedule for Small Credit
Union Workshops - NCUA's Office of Small Credit Union
Initiatives to host 20 training workshops in 2006 nationwide to
provide training for credit unions.
www.ncua.gov/news/press_releases/2006/NR06-0124-2.htm
January 24, 2006 - OCC Releases CRA Evaluations For 20 National
Banks - The Office of the Comptroller of the Currency today
released a list of Community Reinvestment Act performance
evaluations that became public during the period of December 15,
2005 through January 14, 2006.
www.occ.treas.gov/toolkit/newsrelease.aspx?Doc=WV37R9FZ.xml
January 24, 2006 - NCUA - Gulfport CBC Credit Union is placed
into Conservatorship by the State of Mississippi Department of
Banking and Consumer Finance.
www.ncua.gov/news/press_releases/2006/NR06-0124.htm
January 23, 2006 - FDIC Makes Public November Enforcement
Actions: No Administrative Hearings Scheduled for January - The
Federal Deposit Insurance Corporation today released a list of
orders of administrative enforcement actions taken against banks
and individuals in November. No administrative hearings are
scheduled for January.
www.fdic.gov/news/news/press/2006/pr06007.html
January 23, 2006 - Legal Interpretations - Bank Holding
Companies/Change in Control - Wachovia Corporation - To Wachovia
Corporation permitting the bank holding company to include in
its tier 1 capital trust preferred securities that mandatorily
convert into noncumulative perpetual preferred securities on the
same terms and subject to the same quantitative limit as trust
preferred securities that mandatorily convert into common stock.
www.federalreserve.gov/boarddocs/LegalInt/BHC_ChangeInControl/2006/20060123/attachment.pdf
January 23, 2006 - Interagency Guidance on Sharing Suspicious
Activity Reports with Head Offices and Controlling Companies -
The U.S. Department of the Treasury's Financial Crimes
Enforcement Network, along with the Board of Governors of the
Federal Reserve System, Federal Deposit Insurance Corporation,
Office of the Comptroller of the Currency, and Office of Thrift
Supervision, has issued the attached interagency guidance for
banking organizations on sharing Suspicious Activity Reports
with head offices and controlling companies.
www.federalreserve.gov/boarddocs/srletters/2006/SR0601.htm
January 23, 2006 - NCUA Vice Chairman Hood Focuses on Enhancing
The Federal Credit Union Charter - Vice Chairman Outlines
Initiatives to Strengthen, Sustain Federal Credit Unions.
www.ncua.gov/news/press_releases/2006/NR06-0121.htm
January 23, 2006 - Remarks of Vice Chairman Hood at the American
Association of Credit Union Leagues Annual Meeting.
www.ncua.gov/news/press_releases/2006/Rem06-0121.pdf
January 23, 2006 - NCUA - John J. McKechnie III Appointed NCUA's
Director of Public and Congressional Affairs - National Credit
Union Administration Chairman JoAnn Johnson announced today that
John J. McKechnie III has been appointed the NCUA's Director of
Public and Congressional Affairs.
www.ncua.gov/news/press_releases/2006/NR06-0120.htm
January 20, 2006 - NCUA Board Member Hyland Addresses AACUL -
Speaking to over 100 league presidents, league chairmen and
government affairs professionals, National Credit Union
Administration Board Member Gigi Hyland addressed the winter
meeting of the American Association of Credit Union Leagues.
www.ncua.gov/news/press_releases/2006/NR06-0123.htm
January 20, 2006 - Interagency Guidance on Sharing Suspicious
Activity Reports with Head Offices and Controlling Companies.
www.occ.treas.gov/ftp/release/FBAs_SAR_Sharing_Guidance.pdf
January 20, 2006 - Commercial Real Estate Lending, Sound Risk
Management Practices - The federal financial regulatory agencies
are seeking comment on proposed guidance for concentrations in
commercial real estate lending.
Press Release:
www.occ.treas.gov/ftp/bulletin/2006-2.txt
Attachment:
www.occ.treas.gov/fr/fedregister/71fr2302.pdf
January 20, 2006 - Bank Secrecy Act -Sharing Suspicious Activity
Reports With Controlling Companies - The Financial Crimes
Enforcement Network and the federal banking agencies - the
Federal Deposit Insurance Corporation, the Board of Governors of
the Federal Reserve System, the Office of the Comptroller of the
Currency, and the Office of Thrift Supervision - are issuing the
attached guidance to notify institutions when a Suspicious
Activity Report (SAR) can be shared with a holding company or
other controlling company, or with the head office of a U.S.
branch or agency of a foreign bank.
www.fdic.gov/news/news/financial/2006/fil06005.html
January 20, 2006 - The Federal Reserve Board on Thursday
announced the issuance of a Consent Order to Cease and Desist
against Jean Peyrelevade, the former chairman of Credit
Lyonnais, S.A., Paris, France.
www.federalreserve.gov/boarddocs/press/Enforcement/2006/20060119/default.htm
_____________________
January 19, 2006 - The Federal Reserve Board on Thursday
announced its approval of the application filed by Synovus Financial Corp.,
Columbus, Georgia, to acquire Riverside Bancshares, Inc. and its subsidiary
bank, Riverside Bank, both of Marietta, Georgia.
www.federalreserve.gov/boarddocs/press/orders/2006/20060119/default.htm
January 19, 2006 - NCUA - Proposed Rule - Uninsured Secondary Capital.
www.ncua.gov/RegulationsOpinionsLaws/proposed_regs/P-701-2ndCap.pdf
January 19, 2006 - NCUA - Proposed Rule - Regulatory Flexibility Program.
www.ncua.gov/RegulationsOpinionsLaws/proposed_regs/P-%20742RegFlex.pdf
January 19, 2006 - NCUA - Statement of NCUA Chairman JoAnn Johnson Regarding
Proposed Rule to Amend NCUA's Chartering and Field of Membership Policies.
www.ncua.gov/news/press_releases/2006/ST06-0119.htm
January 19, 2006 - NCUA Board Meeting Results for 1/19/2006.
www.ncua.gov/NCUABoard/board_reports/board_reports.html
January 19, 2006 - NCUA Board Member Hyland Appoints Gary J. Kohn as Senior
Policy Advisor.
www.ncua.gov/news/press_releases/2006/NR06-0119-2.htm
January 19, 2006 - NCUA Board Issues Final Rule Enhancing RegFlex
Eligibility and Secondary Capital Requirements for Low-Income Credit Unions.
www.ncua.gov/news/press_releases/2006/NR06-0119.htm
January 18, 2006 - FRB Statistical Release - U.S. Reserve Assets; Foreign
Official Assets Held at Federal Reserve Banks.
http://www.federalreserve.gov/releases/bulletin/1205assets.htm
January 18, 2006 - Beige Book - Informal review by the Federal Reserve Banks
of current economic conditions in their Districts.
www.federalreserve.gov/fomc/beigebook/2006/20060118/default.htm
January 18, 2006 - Annual Missouri Community Development Conference -
"Building Communities from Within," the annual Missouri Community
Development Conference, which will allow communities of all sizes a unique
opportunity to exchange ideas, discuss updates, network and share new
information about community development.
www.stlouisfed.org/news/releases/2006/01_17_06.htm
January 18, 2006 - Governor Susan Schmidt Bies - Productivity and Economic
Outlook - Before the Tech Council of Maryland's Financial Executive Forum,
Bethesda, Maryland.
www.federalreserve.gov/boarddocs/speeches/2006/20060118/default.htm
January 17, 2006 - OCC Enforcement Actions - The Office of the Comptroller
of the Currency today released new enforcement actions taken against
national banks and individuals currently and formerly affiliated with
national banks and terminations of existing enforcement actions.
www.occ.treas.gov/ftp/release/2006-5.htm
January 17, 2006 - Industrial Production And Capacity Utilization -
Industrial production increased 0.6 percent in December after gains of 0.8
percent in November and 1.0 percent in October. For the fourth quarter as a
whole, industrial production increased 3.8 percent at an annual rate.
Manufacturing output rose 0.2 percent in December but was held back by a
decrease of 2.8 percent in the production of motor vehicles and parts.
www.federalreserve.gov/releases/g17/current/default.htm
January 17, 2006 - The Federal Reserve Board on Tuesday announced its
approval of the application filed by Fulton Financial Corporation,
Lancaster, Pennsylvania, to merge with Columbia Bancorp and acquire its
subsidiary bank, The Columbia Bank, both of Columbia, Maryland.
www.federalreserve.gov/boarddocs/press/orders/2006/20060117/default.htm
January 13, 2006 - NCUA - The January 2006 NCUA newsletter is available.
http://www.ncua.gov/news/newsletter/NCUA/06January.pdf
January 13, 2006 - NCUA Board Member Hyland Addresses Northern Virginia
Chapter of Credit Unions.
www.ncua.gov/news/press_releases/2006/NR06-0113.htm
January 13, 2006 - The Federal Reserve Board on Friday announced its
approval of the application filed by The Toronto-Dominion Bank, Toronto,
Canada, and its subsidiary, TD Banknorth Inc., Portland, Maine, to acquire
Hudson United Bancorp and its wholly owned subsidiary, Hudson United Bank,
both of Mahwah, New Jersey.
www.federalreserve.gov/boarddocs/press/orders/2006/20060113/default.htm
January 13, 2006 - NCUA - Letter to Federal Credit Unions 06-FCU-01-
Operating Fee Schedule for FY 2006.
www.ncua.gov/letters/2006/FCU/06-FCU-01-Encl-1.pdf
January 13, 2006 - Federal Financial Regulators Announce Public Service
Campaign to Help Hurricane Victims - The federal financial regulatory
agencies today announced a public service campaign to aid in the financial
recovery of victims of last year's hurricanes.
Press Release:
www.federalreserve.gov/boarddocs/press/other/2006/20060113/default.htm
Press Release:
www.fdic.gov/news/news/press/2006/pr06006.html
Press Release:
www.ffiec.gov/press/pr011306.htm
Press Release:
www.occ.treas.gov/toolkit/newsrelease.aspx?JNR=1&Doc=5PL3LXQS.xml
Press Release:
www.ncua.gov/news/press_releases/2006/JR06-0113.pdf
Press Release:
www.fdic.gov/news/news/financial/2006/fil06004.html
Press Release:
www.ots.treas.gov/docs/7/776002.html
___________
January 12, 2006 - Home Mortgage Disclosure Act: Exemption
Threshold for Depository Institutions under Regulation C - Amendment to
interpretation of Regulation C of Home Mortgage Disclosure Act raises
asset-size threshold of exemption for depository institutions required to
report data; effective January 1.
Press Release:
www.occ.treas.gov/ftp/bulletin/2006-1.txt
Attachment:
www.occ.treas.gov/fr/fedregister/70fr75718.pdf
January 12, 2006 - NCUA - Agenda for the 1/19/2006 NCUA Board Meeting is
Available.
www.ncua.gov/NCUABoard/Calendars/board_calendar/ag06-0119.htm
January 11, 2006 - Comptroller Dugan Issues Statement Regarding Real Estate
Rulings - Comptroller of the Currency John C. Dugan issued the following
statement today correcting a fundamental misunderstanding of the effect of
three recent OCC interpretive letters.
www.occ.treas.gov/toolkit/newsrelease.aspx?Doc=9N8ZI1XU.xml
January 11, 2006 - Reducing Regulatory Burden Recommendations Sought for
Reducing Regulatory Burden in Rules on Prompt Corrective Action and the
Disclosure and Reporting of CRA-Related Agreements The federal banking and
thrift regulatory agencies are asking for recommendations on how to reduce
regulatory burden on insured institutions in rules relating to Prompt
Corrective Action and the Disclosure and Reporting of Community Reinvestment
Act -Related Agreements.
www.fdic.gov/news/news/financial/2006/fil06003.html
January 11, 2006 - Banking Structure - Financial Holding Companies - Under
the Bank Holding Company Act, bank holding companies may elect to be
financial holding companies. Following is a list of those companies whose
elections to become or be treated as financial holding companies are
effective.
www.federalreserve.gov/generalinfo/fhc/default.htm
January 11, 2006 - FRB Statistical Release - G.20 Finance Companies
www.federalreserve.gov/releases/g20/current/default.htm
January 11, 2006 - 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. The list covers evaluation ratings that the FDIC assigned
to institutions in October 2005.
www.fdic.gov/news/news/press/2006/pr06003.html
January 10, 2006 - Proposal to Modernize Large-Bank Deposit Insurance
Determinations Comments Sought on Advance Notice of Proposed Rulemaking -
The FDIC is seeking comment on whether the largest insured depository
institutions should be required to modify their deposit systems so that the
FDIC may calculate deposit insurance coverage quickly in the event of a
failure of one of these institutions. The advance notice of proposed
rulemaking is attached.
www.fdic.gov/news/news/financial/2006/fil06002.html
January 10, 2006 - Federal Bank and Thrift Agencies Propose Guidance On
Commercial Real Estate Lending - The federal bank and thrift regulatory
agencies on Tuesday issued for comment proposed guidance on sound risk
management practices for concentrations in commercial real estate lending.
Press Release:
www.federalreserve.gov/boarddocs/press/bcreg/2006/20060110/default.htm
Press Release:
www.fdic.gov/news/news/press/2006/pr06005.html
Press Release:
www.occ.treas.gov/toolkit/newsrelease.aspx?JNR=1&Doc=8PMV5QTN.xml
Attachment:
www.occ.treas.gov/ftp/release/2006-2a.pdf
Press Release:
www.ots.treas.gov/docs/7/776001.html
January 10, 2006 - The Federal Reserve Board on Tuesday released the minutes
of its discount rate meetings for December 12 and 13, 2005.
www.federalreserve.gov/boarddocs/press/monetary/2006/20060110/default.htm
January 10, 2006 - Effects of Hurricanes Katrina and Rita on Local Banking
Sector Beginning to Emerge; Housing markets moderating in parts of West,
Northeast and South FDIC analysts review current banking and economic
conditions across the nation - Signs of the impact of Hurricanes Katrina and
Rita on local economies and in particular in the banking sector along the
Gulf Coast are beginning to emerge, according to analysis from the Federal
Deposit Insurance Corporation released today.
www.fdic.gov/news/news/press/2006/pr06004.html
January 10, 2006 - The Federal Reserve Board on Tuesday released figures
that indicate the Federal Reserve Banks distributed approximately $21.454
billion of their $30.246 billion total income to the U.S. Treasury during
2005.
www.federalreserve.gov/boarddocs/press/other/2006/20060110/default.htm
January 9, 2006 - Financial Education FDIC Guides for Senior Citizens and
Young Adults - The FDIC has published two special how-to guides to money
management for selected age groups - one for senior citizens, the other for
young adults. The FDIC is encouraging financial institutions to make the
information in the guides widely available.
www.fdic.gov/news/news/financial/2006/fil06001.html
January 9, 2006 - FRB Statistical Release - G.19 Consumer Credit - Consumer
credit was little changed in November. Revolving credit ticked up, and
nonrevolving credit edged down.
www.federalreserve.gov/releases/g19/current/default.htm
January 9, 2006 - The Federal Reserve Board on Monday named ten new members
to its Consumer Advisory Council for three-year terms and designated a new
Chair and Vice Chair for 2006.
www.federalreserve.gov/boarddocs/press/other/2006/20060109/
January 9, 2006 - NCUA General Counsel Opinion - 05-1223 - Credit Union
Vendor Endorsements.
www.ncua.gov/RegulationsOpinionsLaws/opinion_letters/2005/05-1223.pdf
January 6, 2006 - St. Louis Fed's Review: The Evolution of the Subprime
Mortgage Market; On the Size and Growth of Government; Are the Causes of
Bank Distress Changing? Can Researchers Keep Up?; Replicability, Real-Time
Data, and the Science of Economic Research; The Fed's Monetary Policy Rule -
The January/February issue of Review, the Federal Reserve Bank of St. Louis'
journal of economic and business issues, features the following articles.
www.stlouisfed.org/news/releases/2006/01_06_06b.htm
January 6, 2006 - As Subprime Mortgages Increase, Lenders Increase
Prepayment Penalties and Down Payments: St. Louis Fed Analysis - As the
market for subprime mortgages has expanded rapidly in the past decade, much
of the expansion has been in the least-risky segment of the market.
www.stlouisfed.org/news/releases/2006/01_06_06.htm
January 6, 2006 - National Credit Union Administration Issues Prohibition
Orders - The National Credit Union Administration has issued orders
prohibiting each of the following individuals from participating in any
manner in the affairs of federally insured financial institutions.
www.ncua.gov/news/press_releases/2006/NR06-0106.htm
January 6, 2006 - Licensing Manual Update, December 2005 - The revised
"Investment in Bank Premises" booklet amends the Accounting Depreciation
discussion clarifying wording about accumulated depreciation.
www.occ.treas.gov/corpbook/group3/public/pdf/bkprem.pdf
January 6, 2006 -Federal Reserve Bulletin - Autumn Issue.
www.federalreserve.gov/pubs/bulletin/default.htm
________________
January 5, 2006 - NCUA General Counsel Opinion 05-1140 - Calculating
Annual Percentage Yield Earned under the Truth in Savings Rule.
www.ncua.gov/RegulationsOpinionsLaws/opinion_letters/2005/05-1140.pdf
January 5, 2006 - The Adjustment of Global External Imbalances: Does Partial
Exchange Rate Pass-Through to Trade Prices Matter? - Christopher Gust;
Nathan Sheets - Recent papers have found evidence of a decline in exchange
rate pass-through to import prices in the United States and in a number of
other industrial countries as well. This paper examines the implications of
a decline in pass-through for the prospective adjustment of global external
imbalances.
www.federalreserve.gov/pubs/ifdp/2006/850/ifdp850.pdf
January 5, 2006 - The Office of the Comptroller of the Currency has been
advised by the Central Bank of Belize that the United Exchange International
Bank has not been granted a banking license by the CBB, and the entity is
not authorized to conduct the business of banking in or from Belize.
www.occ.treas.gov/ftp/alert/2006-2.txt
January 5, 2006 - Full Effects of Recent Hurricanes on Gulf Coast Banks Will
Take Time to Assess FDIC Offers Preliminary Analysis on FDIC-Insured Banks -
The Federal Deposit Insurance Corporation today released the Winter 2005
edition of FDIC Outlook, which focuses on the unique challenges banks face
after Hurricanes Katrina and Rita. It also examines the impact that four
previous natural disasters have had on the local banking industry.
www.fdic.gov/news/news/press/2006/pr06002.html
January 5, 2006 - Proposals for Comment - Request for comment on ways to
reduce burden with respect to rules regarding Prompt Corrective Action and
the disclosure and reporting of CRA-related agreements.
www.federalreserve.gov/generalinfo/foia/proposedregs.cfm
January 4, 2006 - OCC Issues Civil Money Penalty Against National Bank
Subsidiary - The Office of the Comptroller of the Currency today announced a
$6.25 million civil money penalty against ABN-Amro Mortgage Group. Inc, a
subsidiary of LaSalle Bank Midwest, N.A., Troy, Michigan. Today's actions,
part of a $16.85 million settlement by AAMG that also includes restitution
payments, were the result of a joint investigation by the OCC and the U.S.
Department of Housing and Urban Development.
www.occ.treas.gov/toolkit/newsrelease.aspx?Doc=JOON3897.xml
January 4, 2006 - Dr. Robert DeYoung Named Associate Director of FDIC's
Division of Insurance and Research DeYoung will head division's research
branch - Dr. Robert DeYoung has been named Associate Director of the FDIC's
Division of Insurance and Research, FDIC Acting Chairman Martin Gruenberg
announced today. DeYoung will head the division's Research Branch.
http://www.fdic.gov/news/news/press/2006/pr06001.html
January 4, 2006 - Current Economic Conditions by Federal Reserve District -
Commonly known as the Beige Book, this report is published eight times per
year. Each Federal Reserve Bank gathers anecdotal information on current
economic conditions in its District through reports from Bank and Branch
directors and interviews with key business contacts, economists, market
experts, and other sources.
www.federalreserve.gov/fomc/beigebook/2006/default.htm
January 3, 2006 - The Federal Reserve Board on Tuesday announced the
approval of the application of Kreditanstalt für Wiederaufbau, Frankfurt,
Germany, to establish a representative office in New York, New York.
www.federalreserve.gov/boarddocs/press/orders/2006/20060103/default.htm
January 3, 2006 - The Federal Reserve Board and the Federal Open Market
Committee on Tuesday released the attached minutes of the Committee meeting
held on December 13, 2005.
www.federalreserve.gov/boarddocs/press/monetary/2006/20060103/default.htm
January 3, 2006 - NCUA's first ever webinar "town meeting" featuring Board
Member Hyland available for viewing - The first ever webinar hosted by the
National Credit Union Administration is available for viewing. The webinar
"town meeting" was held on December 20, 2005 featuring new Board Member Gigi
Hyland and applied the latest in Internet webcasting technology.
www.ncua.gov/news/press_releases/2006/NR06-0103.htm
January 3, 2006 - OCC Names Community Affairs Officer for New Orleans - The
Office of the Comptroller of the Currency today announced the appointment of
Mary Catherine Garon as acting Community Affairs Officer in New Orleans, a
newly-created position.
www.occ.treas.gov/toolkit/newsrelease.aspx?Doc=D6DU4IA4.xml
January 3, 2006 - FRB Statistical Release - G.5 Foreign Exchange Rates
(Monthly).
www.federalreserve.gov/releases/g5/current/default.htm
January 3, 2006 - FRB Statistical Release - G.5A Foreign Exchange Rates
(Annual)
www.federalreserve.gov/releases/g5a/current/default.htm |
You can receive the regulatory press releases every week by subscribing to
The E-mail Banking News at
https://yennik.com/newletter_page.htm.
There is no charge for the e-newsletter.
Contact Kinney Williams at
examiner@yennik.com
if you have any questions.
PLEASE NOTE: Some
of the above links may not function properly because the regulatory agency
has changed the URL. Please e-mail us at
examiner@yennik.com if we can be of assistance. |
Return to the Community Banker Home Page
|