Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority        Applications and reports received:Boston | New York | Philadelphia   | Cleveland | Richmond   | AtlantaChicago | St. Louis | Minneapolis   | Kansas City | Dallas   | San Francisco

# Board Actions

## Actions taken during the week ending July 9, 2011

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Testimony and Statements            Monetary Policy -- statement by Chairman Bernanke before the House Committee on Financial Services on July 13 and the Senate Committee on Banking, Housing, and Urban Affairs on July 14, 2011, on the semiannual monetary policy report to the Congress.            -Discussed, July 7, 2011                        Mortgage Servicing -- statement by the Board submitted for the record in connection with a hearing on July 7, 2011, by two subcommittees of the House Committee on Financial Services on the role of federal regulators in addressing mortgage-servicing issues and the development of new national mortgage-servicing standards.            -Published, July 7, 2011            Forms            Forms -- initial Board review to extend without revision the Recordkeeping, Reporting, and Disclosure Requirements in Connection with Regulation BB (Community Reinvestment Act).            -Proposed, July 8, 2011            Monetary and Financial Policy            Monetary Policy -- semiannual monetary policy report to the Congress.            -Authorized, July 5, 2011            Personnel            Division of Research and Statistics -- appointment of David W. Wilcox as director, effective October 1, 2011.            -Approved, July 6, 2011            Regulations and Policies            Counterparty Credit Risk Management -- issuance of interagency supervisory guidance on counterparty credit risk management.            -Announced, July 5, 2011            Enforcement            Bank of the Commonwealth, Norfolk, Virginia -- issuance of a prompt corrective action directive with the consent of the bank.            -Announced, July 7, 2011                        Belt Valley Bank, Belt, Montana -- written agreement with the Federal Reserve Bank of Minneapolis and the Montana Division of Banking and Financial Institutions.            -Announced, July 5, 2011                        First National Bank Group, Inc., Edinburg, Texas -- written agreement with the Federal Reserve Bank of Dallas.            -Announced, July 5, 2011                        FirstFed Bancorp, Inc. Employee Stock Ownership Plan, Bessemer, Alabama, and FirstFed Bancorp, Inc. -- written agreement with the Federal Reserve Bank of Atlanta.            -Announced, July 7, 2011                        JPMorgan Chase & Co., New York, New York -- written agreement with the Federal Reserve Bank of New York.            -Announced, July 7, 2011                        PGB Holdings, Inc., Chicago, Illinois, and Pacific Global Bank -- written agreement with the Federal Reserve Bank of Chicago and the Illinois Department of Financial and Professional Regulation, Division of Banking.            -Announced, July 7, 2011                        Virginia Community Bankshares, Inc., Louisa, Virginia, and Virginia Community Bank -- written agreement with the Federal Reserve Bank of Richmond and the State Corporation Commission Bureau of Financial Institutions.            -Announced, July 5, 2011            
Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority    Applications and reports received: