Common use of Board Oversight Clause in Contracts

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 30 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

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Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Division a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 14 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the DFI a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 9 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the OFR a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 8 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 8 contracts

Samples: Written Agreement, Written Agreement (Eastern Virginia Bankshares Inc), Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 8 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 5 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the DFCS a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 3 contracts

Samples: Written Agreement, Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Superintendent a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bankconsolidated organization. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement (Royal Bancshares of Pennsylvania Inc)

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board the board’s oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement (Commonwealth Bankshares Inc)

Board Oversight. Within 60 days of this Agreement, the Bank's board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement (Sterling Banks, Inc.)

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement (Cordia Bancorp Inc), Written Agreement

Board Oversight. Within 60 days of this Agreement, the Bank’s board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan to the Reserve Bank a written plan and the DFI to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan to the Reserve Bank a written plan and the KDFI to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Division a written plan to strengthen board oversight of the management and operations of the BankBank and to ensure that the Bank is operated in a safe and sound manner. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Superintendent a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to increase the board's participation in the affairs of the Bank and to strengthen board the board's oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement (Tower Financial Corp)

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Division a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of the effective date of this Agreement, the board of directors of the Bank Bancorp shall submit a written plan to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the BankOrganization’s compliance with the BSA/AML Requirements and OFAC Regulations. The plan shall, at a minimum, address, consider, and includeshall include the following three items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 30 days of this Agreement, the board of directors of the Bank shall submit a written plan acceptable to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following four items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan to the Reserve Bank a written plan and the Department to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the Bank's board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the OSBC a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan to the Reserve Bank a written plan to strengthen assure ongoing board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement (Four Oaks Fincorp Inc)

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Banking Department a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the DFI a written plan to strengthen and maintain effective board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

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Board Oversight. Within 60 days of the effective date of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to the Supervisors to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following four items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 90 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to the Supervisors to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following four items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the OFR a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the OSBC a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of the effective date of this Agreement, the Bank’s board of directors of the Bank shall submit to the Reserve Bank a written plan to the Supervisors to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following four items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan acceptable to the Reserve Bank a written plan and the Superintendent to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following nine items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Division a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the Bank’s board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement (New Peoples Bankshares Inc)

Board Oversight. Within 60 90 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Division a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 30 days of the effective date of this Agreement, the board of directors of the Bank shall submit a written plan acceptable to the Reserve Bank a written plan and KDFI to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and includeshall include the following five items:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit a written plan to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the DFCS a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:include:[PageBreak]

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Department a written plan to increase the board’s participation in the affairs of the Bank and to strengthen board the board’s oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 30 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Bureau a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board Oversight. Within 60 90 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement (Four Oaks Fincorp Inc)

Board Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

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