August 1, 2011
FDIC Letter on Board Loan Approvals
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
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.”