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 October 29, 2016, is below.
H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
|Bank Holding Companies||River Holding Company, Stoddard, Wisconsin — to merge with Sparta Union Bancshares, Inc., Sparta, and thereby acquire its subsidiary, Union National Bank & Trust Company.
-Approved, October 23, 2016
Wintrust Financial Corporation, Rosemont, Illinois — to merge with First Community Financial Corporation, Elgin, and thereby indirectly acquire First Community Bank; and for Wintrust’s subsidiary, St. Charles Bank & Trust Company, St. Charles, to merge with First Community Bank and thereby establish branches.
-Approved, October 27, 2016
|Personnel||Division of Reserve Bank Operations and Payment Systems — appointment of Paul Bettge as senior adviser, Lawrence Mize as associate director, and Jennifer Chang as deputy associate director, and reassignment of Gregory Evans as senior associate director.
-Announced, October 25, 2016
|Regulations and Policies||Regulation H (Membership of State Banking Institutions in the Federal Reserve System) — publication for comment of interagency amendments to implement provisions of the Biggert-Waters Act that require regulated lending institutions to accept certain private flood insurance policies in addition to policies made available by the Federal Emergency Management Agency.
-Approved, October 12, 2016
|Reserve Bank Services||Federal Reserve Priced Services — 2017 private sector adjustment factor and fee schedules for priced services and electronic access.
-Approved, October 24, 2016
|Enforcement||SouthFirst Bancshares, Inc., Sylacauga, Alabama — written agreement dated September 20, 2012, terminated October 19, 2016.
-Announced, October 27, 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 November 3, 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 November 2, 2016): $4,498,984 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)