Common use of LOAN REVIEW Clause in Contracts

LOAN REVIEW. 7. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the OFR an acceptable written program for the on-going review and grading of the Bank’s loan portfolio by a qualified independent third party or by qualified staff that is independent of the Bank’s credit granting function. The program shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Marco Community Bancorp Inc, www.federalreserve.gov

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LOAN REVIEW. 76. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the OFR Division an acceptable written program for the on-going review and grading of the Bank’s loan portfolio by a qualified independent third party or by qualified staff that is independent of the Bank’s credit granting function. The program shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: www.federalreserve.gov

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LOAN REVIEW. 7. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the OFR Bureau an acceptable written program for the on-going ongoing review and grading of the Bank’s loan portfolio by a qualified independent third party or by qualified staff that is independent of the Bank’s credit granting lending function. The program shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Community Bankers Trust Corp

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