Cliston V. “Doc” Bodine, III and Greyson E. Tuck

Every FDIC-insured bank is subject to a periodic examination that is of significant importance to the bank and its business activities. If the examination goes well, the bank generally will be free to pursue those business activities it determines to be appropriate. If the results of the examination are less than satisfactory, the bank will …

An Outside Director’s Guide to Preparing for an Examination Read More »

The examination exit meeting, which is the examination team’s opportunity to present the preliminary results of the examination to the bank’s directors and executive officers, is an important part of the examination process. This is particularly true when the results of the examination are less than stellar. It is not uncommon for outside directors to …

The Outside Directors’ Duties During an Examination Exit Meeting and Following Read More »