Bank Policies Requiring Board Approval

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Question:

I am looking for a list of the most current bank policies that must be approved by the Board of Trustees.

Answer:

There isn't an established list. There are several topics that must be presented to the Board of Directors, such as BSA. However, some policies may be combined with other related policies. For example, BSA could be combined with OFAC or both could be treated in a deposit account policy.

First published on BankersOnline.com 11/5/01