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 4, 2016, is below.
H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
|Bank Holding Companies||BNC Bancorp, High Point, North Carolina — to acquire Southcoast Financial Corporation, Mount Pleasant, South Carolina, and thereby indirectly acquire Southcoast Community Bank.
-Approved, June 1, 2016
|Forms||Forms — initial Board review to extend with revision the Uniform Interagency Transfer Agent Registration and Amendment Form (Form TA-1).
-Proposed, June 2, 2016
|Regulations and Policies||Bank Premises Investments — (1) revision of the Board’s policy on investment in bank premises by state member banks, and (2) commitment relief for FirstBank, Lakewood, Colorado, to retain certain bank premises in accordance with the policy revision.
-Approved, June 2, 2016
Insurance Activities — publication for comment of (1) advance notice of proposed rulemaking regarding capital requirements for supervised institutions significantly engaged in insurance activities and (2) proposed rule to apply enhanced prudential standards for systemically important insurance companies.
-Approved, June 3, 2016
|Enforcement||Broadway Financial Corporation, Los Angeles, California — cease and desist order issued by the Office of Thrift Supervision dated September 9, 2010, terminated February 5, 2016.
-Announced, May 31, 2016
Federal Reserve Board: Balance Sheet (H.4.1 Release)
The Board publishes data of factors affecting reserve balances. The digest is called the H.4.1 Release, and they are published every Thursday (or the next business day if the publication date falls on a federal holiday). The release for June 9, 2016, is below.
[Note: The blog will cover the line titled “Total Factors Supplying Reserve Funds.”]
H.4.1 Release–Factors Affecting Reserve Balances
Total factors supplying reserve funds (as of June 8, 2016): $4,509,262 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)