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The Federal Reserve Board announced on July 6, 2005, the issuance of a consent order of assessment of a civil money penalty against the Frontier Bank, Everett, Washington, a state member bank.
263(a)-5(a) provides that debt issuance costs are costs incurred by an issuer of debt (i.
Commercial-paper issuance is actually the last step in a process that begins with cash forecasting.
The individuals, without admitting to any allegations, consented to the issuance of the Order to resolve allegations that they violated the Change in Bank Control Act and an order issued under the Change in Bank Control Act by the Board of Governors in connection with their acquisition of beneficial ownership of shares of the bank.
No employee becomes a 5% shareholder as a result of this issuance.