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Vol. 23, No. 1,
First Quarter 2010
Articles
Atlanta Fed Halts Paper Check Processing
New Credit Card Rules Proposed
Redesigned $100 Note to Debut in April
Publication Explains New Overdraft Rules
Atlanta Fed Chief Discusses Recovery Paths
Board Launches Guide to Credit Cards
Fed Vice Chair Urges Caution on Interest Rates
New Online Tool Assists Bank Directors
Atlanta Fed Chief Discusses Fed Independence
Reserve Banks Transfer Money to U.S. Treasury
Fed Discusses Its Role in Bank Supervision
Federal Reserve Approves Credit Card Rule Changes
Atlanta Fed Chief Sees Tentative Recovery in '10
Regulators Advise on Interest Rate Risks
New Atlanta Fed Directors Named
Departments
Circular Letters
Staff
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Editor's Note: This publication is posted on a rolling schedule and content will be added throughout the quarter.
Updated April 30, 2010
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Atlanta Fed Ceases Check Processing
3/26/2010 - The ongoing decline in paper check usage has led the Atlanta Fed to halt processing of paper checks. The Cleveland Fed will now process the Fed's paper checks, but the Atlanta Fed will continue to process the System's electronic checks. |
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Online Publication Explains New Overdraft Rules
3/26/2010 - Beginning July 1, banks will have to get customers' permission before enrolling them in overdraft services for ATM and debit card transactions. A new publication from the Federal Reserve explains some facts about the new rules. |
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Lockhart Describes a Forked Economic Road
2/26/2010 - The national economy's fragile recovery could go one of two ways: a traditional sharp rebound following a deep recession, or a more gradual comeback with slow progress on unemployment, Atlanta Fed President Dennis Lockhart said in a recent speech. |
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Federal Reserve Launches Consumer Guide to Credit Cards
2/26/2010 - The Federal Reserve Board has launched an online guide to credit cards that summarizes the recent new credit card protections. The guide includes interactive tools and other features that help inform consumers about credit cards.
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Fed Vice Chairman Kohn Cautions Banks on Interest Rate Risk
2/26/2010 - The nation's banks, thrifts, and credit unions must be particularly mindful of interest rate risk, Federal Reserve System Vice Chairman Donald Kohn said recently, warning that such mindfulness poses greater challenges than in the past.
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New Online Tool Assists Bank Directors
2/26/2010 - The Federal Reserve has introduced the Bank Director's Desktop, an online too to acquaint bankers with a better understanding of the issues and responsibilities that bank directors face every day.
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Fed Approves Final Rule Protecting Credit Card Users
1/28/2010 - The Federal Reserve has approved a final rule intended to protect credit card users from a number of costly practices including unexpected increases in credit card interest rates and increasing the interest rate on an existing credit card balance. |
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Atlanta Fed Chief Sees Slow Recovery, Real Estate Challenges in 2010
1/27/2010 - Even with an economic recovery under way, the U.S. economy in 2010 faces strong headwinds including real estate challenges and high unemployment, Atlanta Fed President Dennis Lockhart said in a recent speech.
Listen to a podcast of President Lockhart's speech.
 Watch President Lockhart discuss the economy and Fed independence. |
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Fed, Other Regulators Advise Banks on Managing Interest Rate Risk
1/27/2010 - Financial regulators recently emphasized the importance of managing potential interest rate risks, advising banks and bank holding companies about their supervisory expectations, which include effective corporate governance, stress testing, and internal controls. |
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Atlanta Fed and Branches Announce New Directors
1/27/2010 - The Atlanta Fed and its branches have announced their new directors. Among the new directors of the Atlanta Fed are Richard H. Anderson, Clarence Otis Jr., and T. Anthony Humphries. |
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