LOAN PORTFOLIO MANAGEMENT. (1) Within sixty (60) days, Board shall establish credit risk management practices that ensure effective credit administration, portfolio management and monitoring, and risk mitigation. In doing so, the Board shall adopt and the Association (subject to Board review and ongoing monitoring) shall implement and thereafter ensure adherence to a written credit policy to improve the Association's loan portfolio management. The credit policy shall include (but not be limited to):
Appears in 4 contracts
Samples: Agreement by And (Naugatuck Valley Financial Corp), Agreement by And (Severn Bancorp Inc), www.occ.gov
LOAN PORTFOLIO MANAGEMENT. (1) Within sixty (60) days, the Board shall establish credit risk management practices that ensure effective credit administration, portfolio management and monitoring, and risk mitigation. In doing so, the Board shall adopt and the Association (subject to Board review and ongoing monitoring) shall implement and thereafter ensure adherence to a written credit policy to improve the Association's ’s loan portfolio management. The credit policy shall include (but not be limited to):
Appears in 4 contracts
Samples: Agreement by and Between, Agreement by And (Beacon Federal Bancorp, Inc.), Flatbush Federal Bancorp Inc
LOAN PORTFOLIO MANAGEMENT. (1) Within sixty (60) days, the Board shall establish credit risk management practices that ensure effective credit administration, portfolio management and monitoring, and risk mitigation. In doing so, the Board shall adopt and the Association (subject to Board review and ongoing monitoring) shall implement and thereafter ensure adherence to a written credit policy to improve the Association's loan portfolio management. The credit policy shall include (but not be limited to):
Appears in 2 contracts