CONTINGENCY FUNDING PLAN. (1) Within ninety (90) days, the Board shall adopt and the Bank shall implement and thereafter ensure adherence to a revised Contingency Funding Plan consistent with the guidance in the Interagency Policy on Funding and Liquidity Risk Management contained in OCC Bulletin 2010-13 (March 22, 2010) that at a minimum:
CONTINGENCY FUNDING PLAN. (1) Within sixty (60) days the Board shall revise, implement, and ensure adherence to a comprehensive Contingency Funding Plan consistent with the guidelines set forth in Liquidity, L-L, of the Comptroller’s Handbook. The plan shall, among other things, address ways to improve the Bank’s liquidity position and maintain adequate sources of stable funding given the Bank’ s anticipated liquidity and funding needs.
CONTINGENCY FUNDING PLAN. (1) Within ninety (90) days, the Board shall review and revise the Bank’s Contingency Funding Plan (CFP). The Board shall refer to the “Liquidity” booklet of the Comptroller’s Handbook as well as other current regulatory materials for guidance. The CFP shall be expanded, at a minimum, to address:
CONTINGENCY FUNDING PLAN. (1) Within sixty (60) days, the Board shall establish a plan that ensures the Bank operate with a robust liquidity monitoring program and maintain adequate sources of liquidity in relation to the Bank’s needs. The formalized written liquidity plan should address the responsibilities of senior management during a funding crisis and include at a minimum:
CONTINGENCY FUNDING PLAN. (1) Within sixty (60) days, the Board shall expand the Bank’s Contingency Funding Plan to ensure the Bank operates with adequate backup sources of liquidity in relation to the Bank’s needs. The formalized written Contingency Funding plan should address the responsibilities of senior management during a funding crisis and include at a minimum:
CONTINGENCY FUNDING PLAN. (1) Within sixty (60) days of this Agreement, the Board shall prepare and submit to the Assistant Deputy Comptroller for a prior written determination of no supervisory objection, a contingency funding plan that forecasts funding needs and funding sources under a stressed scenario, and that should:
CONTINGENCY FUNDING PLAN. (1) The Board shall strengthen the Bank’s Contingency Funding Plan by:
CONTINGENCY FUNDING PLAN. (1) Within thirty (30) days of this Agreement, the Board shall take the necessary steps to ensure that the Bank’s recently revised Contingency Funding Plan (CFP) is commensurate with the risk and complexity of the institution and includes at a minimum, the following enhancements:
CONTINGENCY FUNDING PLAN. (1) Within sixty (60) days of the date, the Board shall expand and document the bank's contingency funding plan (CFP). The plan shall provide for a coordinated strategy and, at a minimum, address:
CONTINGENCY FUNDING PLAN. (1) Within ninety (90) days, the Board shall adopt, implement, and ensure adherence to a comprehensive Contingency Funding Plan that, on a monthly basis, forecasts funding needs and funding sources under different stress scenarios which represent management’s best estimate of balance sheet changes that may result from a liquidity or credit event. Each scenario should include a minimum of twelve months of projected cash flows. The contingency funding plan shall include:
