Federal Reserve Board: H.2 Release for Week Ending November 14, 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 November 14, 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 Baylake Corp., Sturgeon Bay, Wisconsin, and Baylake Bank — to merge with NEW Bancshares, Inc., Kewaunee, and thereby indirectly acquire its subsidiary bank, Union State Bank; and for Baylake Bank to merge with Union State Bank, Kewaunee, and thereby establish branches.

-Approved, November 11, 2015


Bank Mergers Farmers Bank of Northern Missouri, Unionville, Missouri — to merge with Flowers National Bank, Cainsville, and thereby establish branches.

-Approved, November 11, 2015


Banks, Nonmember, and Miscellaneous Institutions CLS Bank International, New York, New York — to add the Hungarian forint as a settlement-eligible currency.

-Approved, November 8, 2015



Forms Forms — final Board review to extend with revision the Complex Institution Liquidity Monitoring Report (FR 2052a) and Liquidity Monitoring Report (FR 2052b).

-Approved, November 11, 2015



Forms — initial Board review to extend with revision the Federal Reserve Payments Study, including the Depository and Financial Institutions Payments Survey (FR 3066a); Networks, Processors, and Issuers Payments Surveys (FR 3066b); Check Sample Survey (FR 3066c); and Retail Payments Survey Supplement (FR 3066d).

-Proposed, November 14, 2015



Regulations and Policies Financial Market Infrastructures — publication for comment of proposed changes to the Federal Reserve’s supervisory rating system for financial market infrastructures subject to Federal Reserve supervision.

-Approved, November 2, 2015



Savings and Loan Holding Companies SFSB, Inc., Bel Air, Maryland — dissolution plan, waiver of notice requirement for shareholder meeting, and bylaw amendment.

-Approved, November 13, 2015



Enforcement Credit Suisse AG, Zurich, Switzerland — denial of request by Roger Schaerer, an institution-affiliated party, to withdraw a notice of prohibition issued against him.

-Announced, November 10, 2015


East West Bank, Pasadena, California — written agreement with the Federal Reserve Bank of San Francisco.

-Announced, November 12, 2015


The Bank of Nova Scotia, Toronto, Canada, and Bank of Nova Scotia New York Agency, New York, New York — written agreement with the Federal Reserve Bank of New York and the New York State Department of Financial Services.

-Announced, November 10, 2015