Federal Reserve Board: H.2 Release for Week Ending September 26, 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 September 26, 2015, is below.

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

Category Action Taken
Advisory Councils Community Advisory Council — announcement of members of the newly created council.
-Announced, September 22, 2015
Bank Holding Companies Empresas Juan Yarur SpA, Santiago, Chile, and Banco de Credito e Inversiones S.A. — to acquire CM Florida Holdings, Inc., Coral Gables, Florida, and thereby indirectly acquire its subsidiary, City National Bank of Florida, Miami.

-Approved, September 21, 2015

PacWest Bancorp, Los Angeles, California — to merge with Square 1 Financial, Inc., Durham, North Carolina, and thereby indirectly acquire Square 1 Bank and nonbanking subsidiaries of Square 1 Financial that are engaged in financial and investment advisory activities.

-Approved, September 21, 2015

Regulations and Policies Enhanced Same-Day Automated Clearing House (ACH) Service — enhancements to the Federal Reserve Banks’ same-day ACH service, to correspond with recent amendments to NACHA’s operating rules.

-Approved, September 22, 2015

Enforcement First State Bank of Colorado, Hotchkiss, Colorado — issuance of a consent order of assessment of a civil money penalty.

-Announced, September 22, 2015

Liberty Bancorp of Georgia, Inc., Clayton, Georgia — written agreement issued October 30, 2012, terminated September 16, 2015.

-Announced, September 22, 2015

The table for the community advisory council members is below.

Member name Title Location Link
Roberto Barragan President and Chief Executive Officer, Valley Economic Development Center Van Nuys, Calif. http://sfvbj.com/news/2015/sep/22/vedcs-barragan-appointed-fed-advisory-board/
Angela Glover Blackwell Founder and Chief Executive Officer, PolicyLink Oakland, Calif. http://www.policylink.org/blog/angela-blackwell-fed-reserve
Patrick Dujakovich President, Greater Kansas City AFL-CIO Kansas City, Mo. http://www.kansascity.com/news/business/article36919149.html
Benjamin Dulchin Executive Director, Association for Neighborhood & Housing Development Springfield, Mo. http://www.anhd.org/?p=7176
Brian Fogle President and Chief Executive Officer, Community Foundation of the Ozarks Springfield, Mo. http://sbj.net/Content/TOP-STORIES/TOP-STORIES/Article/CFO-s-Fogle-joins-Federal-Reserve-council/18/23/102660
Ben Mangan Executive Director and Lecturer, Haas School of Business, U.C. Berkeley, Center for Social Sector Leadership Berkeley, Calif. Tie with Chair Janet Yellen–http://news.berkeley.edu/2013/10/09/berkeley-business-professor-janet-yellen-named-to-head-federal-reserve/
Rodrick Miller President and Chief Executive Officer, Detroit Economic Growth Corporation Detroit, Mich. http://www.degc.org/degc-staff/rodrick-miller
Noel Poyo Executive Director, National Association for Latino Community Asset Builders San Antonio, Texas http://blog.mysanantonio.com/latinlife/2015/09/s-a-exec-named-to-federal-reserve-advisory-group/
Michael Rubinger President and Chief Executive Officer, Local Initiatives Support Corporation (LISC) New York, N.Y.
Arden Shank President and Chief Executive Officer, Neighborhood Housing Services of South Florida Miami, Fla. http://www.flhousing.org/?p=1921
Adrienne Smith President and Chief Executive Officer, New Mexico Direct Caregivers Coalition Placitas, N.M. https://www.kansascityfed.org/publications/community/connections/articles/2014-june-asmith
Sue Taoka Executive Vice President, Craft3.org Seattle, Wash.
Mary Tingerthal Commissioner, Minnesota Housing Finance Agency St. Paul, Minn. https://www.ncsha.org/users/mary-tingerthal
Raul Vazquez Chief Executive Officer, Oportun Redwood City, Calif. http://www.progressfin.com/news/progreso-financiero-names-raul-vazquez-ceo-board-member/
Catherine Wilson Professor, University of Nebraska-Lincoln College of Law Lincoln, Neb. http://journalstar.com/business/local/unl-professor-named-to-fed-advisory-group/article_99914da9-b785-5d97-bf73-da1bb0ab253a.html
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