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Government News
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.
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KC Fed Survey Shows Struggles of LMI Community
April 25 - A Kansas City Federal Reserve Bank survey of low- and moderate-income families illustrates the struggles this population has faced in the recession and weak recovery, including... >>more
Federal Reserve Announces Issue Date of Redesigned $100 Note
April 24 - The Federal Reserve Board has announced that the redesigned $100 note will begin circulating on Oct. 8, 2013. This note, which incorporates new security features such as a blue, 3-D... >>more
Treasury Announces $10.8 Million in Proceeds from Pricing of Auction of Preferred Stock of First Financial Service Corp.
April 23 - As part of the strategy it outlined for winding down its remaining Troubled Asset Relief Program bank investments, the U.S. Department of the Treasury announced that it priced the auction... >>more
Indiana Bank Assumes Deposits of Kentucky Bank
April 22 - First Federal Bank, Lexington, Ky., was closed today by the Office of the Comptroller of the Currency, which appointed the FDIC as receiver. To protect the depositors, the FDIC entered... >>more
Florida: FirstAtlantic Bank Assumes Deposits of Heritage Bank of North Florida
April 22 - Heritage Bank of North Florida, Orange Park, has been closed by the Florida Office of Financial Regulation, which appointed the FDIC as receiver. To protect the depositors, the FDIC... >>more
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