Common use of COMPLIANCE COMMITTEE Clause in Contracts

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least three six (36) directors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty days (6030) days of the appointment of the Committee and quarterly every thirty days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three four (34) directors, of which none no more than one (1) shall be employees an employee of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § Section 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's quarterly report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none no more than 2 shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.

COMPLIANCE COMMITTEE. (1) Within thirty (30) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors, at least one of which none shall not be employees an employee or officer of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), subsidiaries or a family member of any such personaffiliates. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerComptroller to obtain a written determination of no supervisory objection. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and submit quarterly thereafter, the Compliance Committee shall submit a written progress report reports to the Board setting forth in detail: (a) a description of each action needed to achieve full compliance with each Article of this Agreement; (b) actions taken to comply with each Article of this Agreement; and (bc) the results and status of those actions. (43) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; , and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) the actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates ([as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1))], or a family member of any such person. . (2) Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (23) The Compliance Committee shall meet at least monthly. (34) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) . The Board shall promptly forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days, the Board shall appoint a Compliance Committee of at least three four (34) directors, of which none no more than one shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days, the Board shall appoint a Compliance Committee of at least three four (34) directors, none of which none whom shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty fifteen (6015) days of the appointment of the Committee and quarterly every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) detail actions taken to comply with each Article of this Agreement; and (b) and the results of those actionsactions as prescribed in Article XXI. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of completion.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than two (2) shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none shall be employees who are not officers of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and quarterly every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) . The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such personBank. Upon appointment, the names of the members of the Compliance Committee Committee, and any new member’s name in the event of a change in membership, shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment date of the Committee this Agreement and quarterly monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) a description of the action needed to achieve full compliance with each Article of this Agreement; (b) actions taken to comply with each Article of this Agreement; and (bc) the results and status of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directorsDirectors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerADC for review and prior written determination of no supervisory objection. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment date of the Committee this Agreement and quarterly monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) a description of the action needed to achieve full compliance with each Article of this Agreement; (b) actions taken to comply with each Article of this Agreement; and, (bc) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report’s report quarterly, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC within ten (10) days of receiving such report. (5) The first report shall be submitted for the period ending October 31, 2006.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than two (2) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee comprised of at least three (3) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member, shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment date of the Committee this Agreement and quarterly every month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken since the prior progress report to comply with each Article of this Agreement; (b) results of those actions; and (bc) a description of the results actions needed to achieve full compliance with each Article of those actionsthis Agreement. (4) The Board shall forward a copy of the Compliance Committee's progress report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and On at least a quarterly thereafterbasis, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none no more than two shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty ninety (6090) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, none of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one (1) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § Section 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) detail actions taken to comply with each Article of this Agreement; and (b) and the results of those actionsactions as prescribed in Article XXI. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee of that includes at least three (3) outside directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment date of the Committee this Agreement, and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions A description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions taken to comply with each Article of this Agreement; and (bc) the The results and status of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three five (35) directors, of which none shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within fifteen (15) days of presenting its report to the Board.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one shall be employees of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none whom no more than one (1) shall be employees an employee of the Bank or any of its affiliates an affiliate (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the The names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee this Agreement’s effective date and quarterly every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (ai) actions taken to comply with each Article of this Agreement; and (bii) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three four (34) directors, of which none no more than one (1) shall be employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty thirty (6030) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days, the Board shall appoint a Compliance Committee of at least three (3) directors, of which none no more than one shall be employees an employee of the Bank or any of its affiliates (as the term “"affiliate” " is defined in 12 U.S.C. § §371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within sixty (60) days of the appointment of the Committee and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.