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The Federal Reserve Board has lifted regulatory actions against Huntington Bancshares in Texas and Buckeye Bancshares in Ohio.
July 9 -
Anchor BanCorp Wisconsin (ABCW) has defaulted on a loan from a group of banks led by U.S. Bancorp (USB) after the Federal Reserve Board rejected a request to extend the loan.
July 5 -
M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.
June 18
The Federal Reserve Board has levied a fine against Minster Bank in Ohio and freed a Missouri company from an enforcement action.
The Fed announced Thursday that it would fine the $368 million-asset Minster Bank $2,795 for violating flood-insurance requirements, effective July 16. The bank declined to comment.
The Fed also announced that it had freed Citizens Bancshares in Chillicothe, Mo., from a 2010 written agreement. The action barred the $807.9 million-asset company from paying dividends or taking on debt without Fed approval. It also required Citizens to draft a capital plan and issue progress reports.
Citizens' Citizens Bank and Trust had a Tier 1 leverage ratio of 10.06% and total risk-based capital of 15.31% as of Thursday, according to the Federal Deposit Insurance Corp.