Government Updates

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The Beige Book is published eight times per year by the Federal Reserve Bank. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its district through reports from bank and branch directors and interviews with key business contacts, economists, market experts and other sources. The Beige Book summarizes this information by dstrict and sector. An overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
>>read the latest report

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OCC Issues Fourth Quarter 2010 CRA Examination Schedule

Sept 2 - The Office of the Comptroller of the Currency has released its schedule of Community Reinvestment Act examinations to be conducted in the fourth quarter of 2010.

The OCC encourages public... >>more

Deposit Insurance Coverage Free Nationwide Seminars for Bank Officers, Employees

Sept 2 - The FDIC will host six telephone seminars on deposit insurance coverage for bank representatives between Sept. 23 and Nov. 2, 2010. Four sessions will provide a basic overview of deposit... >>more

Modest Inflation Expectations Allow Mortgage Rates to Once Again Set New Record Lows

Sept 2 - Freddie Mac (OTC: FMCC) has released the results of its Primary Mortgage Market Survey and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate... >>more

Minutes of the Federal Open Market Committee, August 10, 2010

Aug 31 - The Federal Reserve Board and the Federal Open Market Committee has released the attached minutes of the Committee meeting held on August 10, 2010.

The minutes for each regularly scheduled... >>more

Earnings of FDIC-Insured Institutions Increased to $21.6 Billion in 2Q

Aug 31 - Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported an aggregate profit of $21.6 billion in the second quarter of 2010, a $26 billion... >>more

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