February 20, 2017

AABD schedules third meeting of its General Counsel Committee for March 15 from 2 pm and 2:45 pm Eastern, with Tim Pawlenty as guest speaker

Bank General Counsel who are not yet members are invited to join.  Complimentary membership.  Email us at [email protected]. Read More »

February 15, 2017

AABD asks the OCC not to mandate separation of the Chairman-CEO

In a November speech before The Clearing House, Comptroller Curry stated that the OCC was considering mandating banks under its jurisdiction to separate the role ... Read More »

February 15, 2017

Monthly Board Agenda:  Should our Board have a separate Chairman and CEO? 

Comptroller of the Currency Curry recently stated that the OCC is considering requiring its banks to separate the Chairman role from the CEO role.  This ... Read More »

February 7, 2017

Do your Articles or bylaws help protect you from personal liability? If not, now is the time to fix them.

With proxy season fast approaching, take a look at your bank’s articles of incorporation and bylaws to find out whether there is a limitation of ... Read More »

December 20, 2016

AABD Launches Initiative to Reform Director Standards of Care

AABD has launched the AABD initiative on state standards of care for bank directors.  These changes will ensure that gross negligence is the applicable standard ... Read More »

December 20, 2016

Activist investors on the prowl. Are you next? Are you ready?

Activity has quickened since the Great Recession when many activist investors bought community bank stock at bargain prices. Now they want to cash in. With the ... Read More »

December 16, 2016

What standard is your conduct held to under your state’s law? It matters.

The FDIC has aggressively asserted in bank director suits that the standard of care is simple negligence even in jurisdictions where many legal practitioners have ... Read More »

December 15, 2016

Monthly Board Agenda: Bonds Decline in Value – What Does Your Board Do About It?

In the last two months, community banks’ average investment portfolio have lost 2% in value. Bank directors that were not on the Board prior to ... Read More »

November 15, 2016

Is your website compliant with the Americans with Disabilities Act?

Check with management.  Plaintiffs’ counsel are scouring banks’ websites to find purported violations affecting visually impaired customers and mailing out demand letters. Banks are beginning to ... Read More »

November 10, 2016

Wells Fargo Now, But Who’s Next?

Is your board asking the right questions about your sales practices and incentive compensation practices? In response to the Wells publicity, the banking agencies are scrutinizing ... Read More »