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Enforcement actions. (Announcements).


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.
 announced on October 5, 2001, the execution of an amendment to the written agreement by and among New Century Bank, Shelby Township, Michigan, the State of Michigan Office of Financial and Insurance Services, and 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 Chicago.

The Federal Reserve Board announced on October 5, 2001, the execution of a written agreement by and among the AmericasBANK Corp, Towson Towson (tou`sən), uninc. city (1990 pop. 49,445), seat of Baltimore co., N Md., a residential and industrial suburb of Baltimore; settled c.1750. An important suburban business and government center, the city has varied manufactures. It is the seat of Goucher College and Towson Univ., Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N).

Facts and Figures



Area, 10,577 sq mi (27,394 sq km). Pop.
, its subsidiary bank, the AmericasBANK, Towson, Maryland, the Federal Reserve Bank of Richmond, and the Maryland Division of Financial Regulation, Baltimore, Maryland.
COPYRIGHT 2001 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2001
Words:89
Previous Article:Interactive web site for students, educators, and general public. (Announcements).(Brief Article)
Next Article:Minutes of the meeting of the federal open market committee held on August 21, 2001.
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