Federal Reserve Board: H.2 Release for Week Ending May 27, 2017; H.4.1 Release (Balance Sheet) for Week Ending June 1, 2017

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 May 27, 2017, is below.

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

Category Action Taken
Forms Forms — initial Board review to extend without revision the Notification of Nonfinancial Data Processing Activities (FR 4021).

-Proposed, May 23, 2017


Personnel Division of Supervision and Regulation — appointment of Steven Merriett as senior associate director; Jeffrey Gunther as associate director; and Constance Horsley, Laurie Priest, Thomas Odegard, and John Beebe as deputy associate directors.

-Announced, May 25, 2017

Regulations and Policies Regulation CC (Availability of Funds and Collection of Checks) — (1) final rule amending current check requirements to reflect electronic check collection and return, and (2) request for public comment on a proposed rule amending Regulation CC’s liability provisions.

-Approved, May 16, 2017


Enforcement Deutsche Bank AG, Frankfurt, Germany; Deutsche Bank AG New York Branch, New York, New York; DB USA Corporation; and Deutsche Bank Trust Company Americas — issuance of a consent cease-and-desist order and assessment of a civil money penalty based on deficiencies in the U.S. operations’ compliance with Bank Secrecy Act and anti-money-laundering requirements.

-Approved, May 25, 2017


North Georgia Community Financial Partners, Inc., Calhoun, Georgia — written agreement dated October 3, 2013, terminated May 11, 2017.

-Announced, May 25, 2017


SunTrust Bank, Atlanta, Georgia — issuance of a consent order of assessment of a civil money penalty.

-Approved, May 23, 2017




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 1, 2017, 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  May 31, 2017):  $4,505,852 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).

(See the release for further information.)