FDIC seal

The following letter was sent by the FDIC to AABD in response to the AABD position on board approvals of loans.

Download PDF: FDIC Response on Board Loan Approvals, August 1, 2011

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    This letter is in response to AABD’s June 23, 2011 letter.

    David Baris wrote an article for American Banker on this topic – click here to view “Approving Loans is a Risky Role for Bank Directors.”