Federal Reserve Board

In a year of challenges for Evolve Bank & Trust of West Memphis, the financial institution finds itself navigating regulatory action, cybersecurity concerns and legal issues, including at least two lawsuits seeking class-action status.  read more >

The final value of the transaction was $962 million, higher than initially estimated. read more >

The acquisition is expected to close in April. read more >

Shutdowns caused by the coronavirus pandemic caused manufacturing output in the United States to drop by 13.7% in April, the steepest decline in the 101-year history of the industrial production index. read more >

Marnie Oldner, CEO of Stone Bank of Mountain View, was named last week to the Federal Reserve Board’s Community Depository Institutions Advisory Council. read more >

The Federal Reserve Board has approved the previously announced merger of the $67 million-asset Bank of Prescott with the $1.6 billion-asset Farmers Bank & Trust of Magnolia. read more >

My father was a keen observer of human nature and a gifted storyteller, and he’s been on my mind more than usual as the 13th anniversary of his death approaches. Recent news items as disparate as the bankruptcy of Sears Holdings, rising interest rates and Elizabeth Warren’s DNA have all made me teary. read more >

James Bullard, president of the Federal Reserve Bank of St. Louis, fielded questions Friday about President Donald Trump's pick to head the Federal Reserve Board, the GOP tax plan and the future of banking regulations. read more >

Americans reported improvement in their well-being last year compared with 2014 and 2013, according to a Federal Reserve Board report released last month. read more >