Board of Governors of the Federal Reserve System

Bank of Richmond provided the most cost-effective option, while addressing...Bank of Richmond to lease space within the Baltimore Branch. Hired a dedicated

banks have not changed over the past few months. Drought-like conditions...banks are still finding it difficult to attract deposits because of strong

Banks have recently tightened credit standards on many of their loan products...banks report that credit standards for commercial and industrial (C&I)

bank-owned property. Commercial construction activity remained at very...Banks continued to require more documentation and allowed fewer exceptions

bank credit to businesses remained subdued. Permanent hiring remained ...bank credit to businesses remained subdued. District bankers continued

Bank loan activity was still concentrated in the consumer sector, although...banks reported some increase in merger and acquisition activity in the

banks and savings and loans reported strong loan demand and generally ...banks registered strong performance, although some deterioration in consumer

banks in the region in November. As bankers implement more restrictive...banks not based in the region continue to solicit local firms. Bankers

banks have declined slightly since the start of the year. Surveys of District...banks have declined 1.2 percent since the start of the year, after increasing

banks rose moderately in the final two months of 1997. District sales ...banks rose 2.6 percent in the last two months of 1997; one year ago, loans