Loan review committee definition

Loan review committee means a person or group of persons who, on behalf of a depository institution, reviews loans held by such institution for the purpose of assessing the credit quality of the loans, compliance with the institution's loan policies, and compliance with applicable laws and regulations.
Loan review committee means a person or group of persons
Loan review committee means a person or group of persons who, on behalf of a bank, reviews assets, including loans held by the bank, for the purpose of assessing the credit quality of the loans or the loan application process, compliance with the bank's investment and loan policies, and compliance with applicable law and regulations.

Examples of Loan review committee in a sentence

  • The Credit Risk Management department which also reports to the Loan review committee is responsible for oversight of the Group credit risk, including:• Formulating credit policies in consultation with business units, covering collateral requirements, credit assessment, risk grading and reporting, documentary and legal procedures, and compliance with regulatory and statutory requirements.• Establishing the authorization structure for the approval and renewal of credit facilities.

  • Applicants will submit completed applications to Southeast Kansas Regional Planning Commission (SEKRPC) staff and to the Local Loan review committee in the county of jurisdiction.


More Definitions of Loan review committee

Loan review committee means the committee that is established by the department to consider economic development loan applications for funding by the federal community development block grant program and that is responsible for reviewing and recommending to the board department the approval or denial of job investment loans subject to this part and rules implementing this part.
Loan review committee means a person or group of persons who, on
Loan review committee. ’ means a person or group of persons who, on behalf of a bank, reviews loans held by the institution for the purpose of assessing the credit quality of the loans, compliance with the institu- tion’s loan policies and compliance with applicable laws and regulations; or
Loan review committee means a person or group of persons who, on behalf of an association, reviews assets, including loans held by the association, for the purpose of assessing the credit quality of the loans or the loan application process, compliance with the association's investment and loan policies, and compliance with applicable laws and regulations.
Loan review committee means a person or group of persons who, on behalf of a depository institution, reviews loans held by the institution for the purpose of assessing the credit quality of
Loan review committee means a person or group of persons who, on behalf of a savings bank, reviews assets, including loans held by the savings bank, for the purpose of assessing the credit quality of the loans or the loan application
Loan review committee or "(LRC)" means the committee of five (5) members appointed by the Mayor and confirmed by City Council, consisting of two (2) representatives of the community and three (3) representatives of the business community. The LRC will reflect the demographic make-up of the community at large. Term of office shall be three (3) years. Terms of office shall be staggered.