ENFORCEMENT ACTIONS.The Federal Reserve Board Federal Reserve Board (FRB) The seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions. on February 8, 2000, announced the execution of a written agreement by and among the Bank of New York, New York, New York, the Federal Reserve Bank Federal Reserve Bank The banks that carry out Fed operations, including controlling the money supply and regulating member banks. There are 12 District Feds, headquartered in Boston, New York, Philadelphia, Cleveland, St. Louis, San Francisco, Richmond, Atlanta, Chicago, Minneapolis, Kansas City, and Dallas.Notes: These banks are the operating arms of the central bank. of New York, and the New York State Banking Department. The Federal Reserve Board on February 25, 2000, announced the execution of a written agreement by and among United Bancshares, Inc., Philadelphia, Pennsylvania; the United Bank of Philadelphia, Philadelphia, Pennsylvania, and the Federal Reserve Bank of Philadelphia. |
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