The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending June 13, 2015 is below.
H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
| Category | Action Taken |
| Change in bank control | First Mazon Bancorp, Inc., Mazon, Illinois — change in bank control of First Mazon Bancorp and its subsidiary, Mazon State Bank, Mazon.
-Permitted, June 11, 2015 |
| Forms | Forms — initial Board review to extend without revision the Notice of Mutual Holding Company Reorganization (Form 1522), Application for Approval of a Minority Stock Issuance by a Savings Association Subsidiary of a Mutual Holding Company (Form 1523), Application for Conversion (Form 1680), Proxy Statement (Form 1681), Offering Circular (Form 1682), Order Form (Form 1683), and Savings and Loan Holding Company Application (Form H-(e)).
-Proposed, June 7, 2015 Forms — final Board review to extend with revision the Consolidated Financial Statements for Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP), and Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP). -Approved, June 11, 2015 Forms — initial Board review to extend without revision the Recordkeeping Requirements Associated with the Guidance on Sound Incentive Compensation Policies (FR 4027) and Guidance on Managing Compliance and Reputation Risks for Reverse Mortgage Products (FR 4029). -Proposed, June 11, 2015 Forms — initial Board review to extend with revision the Annual Company-Run Stress Test Report for $10 billion to $50 billion companies (FR Y-16). -Proposed, June 11, 2015 |
| Personnel | Office of Inspector General — appointment of Peter Sheridan as assistant inspector general.
-Approved, June 8, 2015 |
| Regulations and policies | Regulatory Capital Rules — final interagency amendments to clarify, correct, and update aspects of the regulatory capital framework applicable to banking organizations that are subject to the advanced approaches risk-based capital rule.
-Approved, June 11, 2015 |
| Enforcement | First Utah Bank, Salt Lake City, Utah — written agreement issued September 23, 2009, terminated June 2, 2015.
-Announced, June 9, 2015 MNB Holdings Corporation, San Francisco, California — written agreement issued August 23, 2012, terminated June 8, 2015. -Announced, June 11, 2015 Oregon Pacific Bancorp, Florence, Oregon, and Oregon Pacific Bank — written agreement issued July 23, 2010, terminated June 8, 2015. -Announced, June 11, 2015 |
A DC Observer 