6,325

17,950

 


"Tackling new projects takes a lot of time and effort. But with cbanc, this is a solution that gives me real work savings. Using the cbanc Network doesn't take up my time, it gives me my time back."

Rich Moldenhauer
Flagship Bank Minnesota

 
 
Contingency Funding Policy
Contributed by:Lending/Credit/Loan Admin
Asset size: Bank with under $250m
Location: Midwest
Description: It is the policy to maintain and insure sufficient liquidity to accommodate unexpected balance sheet changes while funding normal growth. Board Approved.

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MORE PEER CONTRIBUTED DOCUMENTS:

21 Documents 34 Answers 67 Exam Watches 4 Vendor Reviews

CONTINGENCY FUNDING POLICY
Asset size: with under $250m
Description: CONTINGENCY FUNDING POLICY TO GO WITH CFP PLAN
Contingency Funding Policy
Asset size: with under $250m
Description: This policy sets up the guidelines and procedures for working through a funding crisis. Setting up several scenerios with solutions.
Funds Management Policy
Asset size: with under $250m
Description: This Funds Management Policy was approved by the Fed in January of 2013 and includes, Investment Policy, Contingency Funding, Asset Liability Policy and Liquidity Management.


RELATED QUESTIONS AND ANSWERS:
Q
Official Check Policy
Asked by: AVP,‚ Human Resources
Asset size: Bank with
Location:MN

What is your policy for official checks? Do they need to be signed by an officer of the bank if over a certain dollar amount? How many signatures are required for Bank Money Orders, Cashiers Checks?
A
Answered by:VP, ‚ Retail Banking/Branch Operations
Asset size: Bank with under $250m
Location: CA

We are a Commercial Bank with $210MM in assets.

We do not offer Money Orders.
Q
Retention guidelines- best place to look?
Asked by: VP,‚ Audit
Asset size: Bank with
Location:WI

Small community bank in Wisconsin. FDIC is our regulator. I am looking for the best resource(s) to use to develop a bank wide retention policy for both electronic (emails, data files) and non-electronic (loan paid files, deposit and operations records,etc) items. Right now retention is handled at the department level. Prefer something very comprehensive and user friendly where I can pick out the items that we work with and clearly determine how long we need to retain it. Also needs to pass regulator scrutiny. A vendor or data base that regularly updates would be really cool. Thank you
A
Answered by:VP, ‚ Back Office/Deposit Operations
Asset size: Bank with over $1b
Location: CA

I recommend that you look to your state and federal regulators as well as bank communitie...


RELATED EXAM EXPERIENCES:
FRB - S&S | August 2011
exam experience posted by a CTO‚ Technology from member with under $250m in assets
Do we shock our Agriculture portfolio on lnad based on irrigated, non-irrigated and grassland
OCC - S&S | January 2013
exam experience posted by a AVP‚ Compliance/BSA/Legal from member with under $250m in assets
They asked a lot of questions about Reg O and Insider Transactions. They also asked about SCRA.
FDIC - S&S | August 2012
exam experience posted by a Back Office/Deposit Operations from member with under $250m in assets
Various questions about the Bank Holding Company, such as, allocating expenses and the various transactions to the holding company.

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Open & Fund
Digital Insight
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Clark Consulting
Policies & procedures
HEIT
Consulting (Policies/Manuals)
Alex Information

 
 

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