Federal Reserve Board: H.2 Release for Week Ending July 11, 2015

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 July 11, 2015 is below.

H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

Category Action Taken
Bank Holding Companies BB&T Corporation, Winston-Salem, North Carolina — to merge with Susquehanna Bancshares, Inc., Lititz, Pennsylvania, and thereby indirectly acquire Susquehanna Bank.

-Approved, July 7, 2015

Forms Forms — final Board review to revise without extension the following reports for holding companies, foreign banking organizations, and Edge and Agreement corporations: FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-9ES, FR Y-12, FR Y-15, FR Y-11, FR Y-11S, FR 2314, FR 2314S, FR Y-7N, FR Y-7NS, FR Y-7Q, FR 2320, FR H-(b)11, and FR 2886b.

-Approved, July 10, 2015

Personnel Division of Monetary Affairs — appointment of Min Wei as deputy associate director and Francisco Covas, Christopher Gust, Jason Wu, and Don Kim as assistant directors.

-Approved, July 10, 2015

Division of Research and Statistics — appointment of Jeff Campione as senior associate director; Paul Smith, John Sabelhaus, and Tim Mullen as assistant directors; and Arthur Kennickell and Andrew Figura as advisers.

-Announced, July 10, 2015

Enforcement MSB Capital Corporation, Columbus, Ohio — cease and desist order issued by the Office of Thrift Supervision, dated April 7, 2010, terminated June 29, 2015.

-Announced, July 9, 2015

Santander Holdings USA, Inc., Boston, Massachusetts — written agreement with the Federal Reserve Bank of Boston.

-Announced, July 7, 2015