COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six (6) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty days (30) days of the appointment of the Committee and every thirty days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) actions taken to comply with each Article of this Agreement; and (b) the results of those actions. (4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 2 contracts
Samples: Agreement Between National Bank of Geneva and the Office of the Comptroller of the Currency (Financial Institutions Inc), Agreement Between the Bath National Bank and the Office of the Comptroller of the Currency (Financial Institutions Inc)
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) none shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 2 contracts
Samples: Banking Agreement, Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six (6) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 2 contracts
Samples: Banking Agreement, Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee Committee, and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 2 contracts
Samples: Banking Agreement, Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days ten (3010) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. Section 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's quarterly report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) none shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within fifteen (15) days of presenting its report to the Board.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Within ten (10) days of receiving the first monthly Report required in paragraph
(3) of this Article and quarterly thereafter the Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) one shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. §371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), ) or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days forty-five (3045) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The With each progress report submitted pursuant to Article XIII, the Board shall forward include a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE.
(1) Within thirty fifteen (15) days (30) daysfrom the effective date of this Agreement, the Board shall appoint a Compliance Committee (“Committee”) of at least six three (63) directors, . No member of which no more than two (2) the Committee shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2a) The Compliance Committee shall meet at least monthly.
(3b) Within thirty days forty-five (3045) days of the appointment of the Committee and every thirty days monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(ai) a description of the actions needed to achieve full compliance with each Article of this Agreement;
(ii) actions taken to comply with each Article of this Agreement; and
(biii) the results of those actions.
(4c) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directorsDirectors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days sixty (3060) days, the Board shall appoint a Compliance Committee of at least six (6) directorsDirectors, of which no more than two three (23) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions Actions taken to comply with each Article of this Agreement; and
(b) the The results of those actions.
(c) A description of the actions needed to achieve full compliance with each Article of this Agreement.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65 ) directors, of which no more than two (2) three shall be employees of the Bank or any of its affiliates ([as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1))], or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions; and
(c) a description of the future actions still needed to achieve full compliance with each Article of the Agreement.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; , and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee Committee, and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement); and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates ([as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1))], or a family member of any such person. .
(2) Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(23) The Compliance Committee shall meet at least monthly.
(34) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) . The Board shall promptly forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days ten (3010) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) none shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of completion.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) one shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) one shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) one shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the The Board shall appoint has appointed a Compliance Committee comprised of at least six four (64) directors, none of which no more than two (2) shall be employees whom is an employee or controlling shareholder of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. 371c(b)(1§ 371c (b) (1)), or a family member of any such person. Upon appointmentIn the event of a change of the membership, the names name of the members of the Compliance Committee any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring monitoring, coordinating and coordinating reporting on the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment date of the Committee this Agreement and every thirty days thereaftermonthly thereafter until further notice, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) a description of the action needed to achieve full compliance with each Article of this Agreement and person(s) responsible for execution;
(b) actions taken to comply with each Article of this Agreement; and
(bc) the status and results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report Progress Report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least bi-monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days bi-monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. §371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Formal Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Formal Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days fifteen (3015) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller on a quarterly basis.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty fifteen (15) days (30) daysof the date of this Agreement, the Board shall appoint a Compliance Committee comprised of at least six three (63) directors, of which directors and no more than two five (25) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member, shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment date of the Committee this Agreement and every thirty days month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken since the prior progress report to comply with each Article of this Agreement;
(b) results of those actions; and
(bc) a description of the results actions needed to achieve full compliance with each Article of those actionsthis Agreement.
(4) The Board shall forward a copy of the Compliance Committee's progress report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. Section 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each EACH Article of this Agreement; and
(b) the results of those actions.
(4) The Within ten (10) days of receiving the first monthly Report required in paragraph (3) of this Article and quarterly thereafter the Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Agreement Between a Bank and a Regulatory Authority (Ohio Legacy Corp)
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six (6) three directors, of which no more than two (2) none shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthlyquarterly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee committee, and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and;
(b) the results of those actions.; and
(4c) a description of the actions needed to achieve full compliance with each article of this Agreement; The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days forty-five (3045) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Formal Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Formal Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) daysdays of the date of this Agreement, the Board shall appoint a Compliance Committee of at least six three (63) directors, at least one of which no more than two (2) shall not be employees an employee or officer of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. 371c(b)(1)), subsidiaries or a family member of any such personaffiliates. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerComptroller to obtain a written determination of no supervisory objection. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days thereafter, the Compliance Committee shall submit a quarterly written progress report reports to the Board setting forth in detail:
(a) a description of each action needed to achieve full compliance with each Article of this Agreement;
(b) actions taken to comply with each Article of this Agreement; and
(bc) the results and status of those actions.
(43) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy ComptrollerComptroller within ten (10) days of receiving such report.
Appears in 1 contract
Samples: Compliance Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) 2 shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which whom no more than two one (21) shall be employees an employee of the Bank or any of its affiliates an affiliate (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the The names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee this Agreement’s effective date and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(ai) actions taken to comply with each Article of this Agreement; and
(bii) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days ten (3010) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days thereafterOn at least a monthly basis, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) shall be employees who are not officers of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) . The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, of which no more than two (2) one shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days ten (3010) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days thereafterOn at least a quarterly basis, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, none of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthlyquarterly.
(3) Within thirty days fifteen (3015) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30thirty(30) days of the appointment of the Committee and every thirty days at least quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six two (62) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days forty-five (3045) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Formal Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days monthly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Formal Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, of which no more than two one (21) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's quarterly report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) one shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days sixty (3060) days of the appointment of the Committee and every thirty sixty (60) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days ninety (3090) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six three (63) directors, of which no more than two (2) shall be employees an employee of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy ComptrollerADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy ComptrollerADC.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days fifteen (3015) days, the Board shall appoint a Compliance Committee of at least six four (64) directors, none of which no more than two (2) whom shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days fifteen (3015) days of the appointment of the Committee and every thirty thirty
(30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement
COMPLIANCE COMMITTEE. (1) Within thirty days sixty (3060) days, the Board shall appoint a Compliance Committee of at least six (6) directorsDirectors, of which no more than two three (23) shall be employees of the Bank or any of its affiliates (as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's ’s adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions Actions taken to comply with each Article of this Agreement; and
(b) the The results of those actions.
(c) A description of the actions needed to achieve full compliance with each Article of this Agreement.
(4) The Board shall forward a copy of the Compliance Committee's ’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Compliance Agreement (Yardville National Bancorp)
COMPLIANCE COMMITTEE. (1) Within thirty days (30) days, the Board shall appoint a Compliance Committee of at least six five (65 ) directors, of which no more than two (2) shall be employees of the Bank or any of its affiliates ([as the term "“affiliate" ” is defined in 12 U.S.C. ss. § 371c(b)(1))], or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.
(2) The Compliance Committee shall meet at least monthly.
(3) Within thirty days (30) days of the appointment of the Committee Committee, and every thirty days quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail:
(a) actions taken to comply with each Article of this Agreement; and
(b) the results of those actions.
(4) The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller.
Appears in 1 contract
Samples: Banking Agreement