Common use of COMPLIANCE COMMITTEE Clause in Contracts

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (“ADC”) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller ADC within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty sixty (3060) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (ADC) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty ninety (6090) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller ADC within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (“ADC”) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy January 30, 2024, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller (“ADC”) within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three five (35) members directors, of which a majority no more than one (1) shall be directors who are not employees an employee or officers controlling shareholder of the Bank or any of its subsidiaries affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In and, in the event of a change of the membership, the Board name of any new member shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with 's adherence to the provisions of this Agreement. . (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsmonthly. (23) Within sixty forty-five (6045) days of the date of this AgreementAgreement and quarterly thereafter, and thereafter within thirty (30) days after the end of each quarterwhile this Agreement is in effect, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions action needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken taken to comply with each Article of this Agreement; and (c) the results and status of the corrective those actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first quarter end. (5) The Board meeting following shall ensure that the Board’s receipt Bank has processes, personnel, and control systems to ensure implementation of such reportand adherence to this Article.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy December 31, 2022, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement, timelines to complete the corrective actions, as well as the person(s) responsible for completing the corrective actions; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or the Bank’s affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy March 31, 2024, and thereafter within thirty thirty (30) days after the end of each quarterquarter until and unless otherwise directed by the Assistant Deputy Comptroller, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy December 31, 2022, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement, timelines to complete the corrective actions, as well as the person(s) responsible for completing the corrective actions; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty ninety (6090) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ninety (3090) days of the date of this the Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty one hundred twenty (60120) days of the date of this the Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly monthly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members directors, of which a majority no more than one (1) shall be directors who are not employees an employee or officers controlling shareholder of the Bank or any of its subsidiaries affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(l) or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In Committee, and, in the event of a change of the membership, the Board name of any new member shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with adherence to the provisions of this Agreement. . (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsmonthly. (23) Within sixty forty-five (6045) days of the date of this Agreement, Agreement and thereafter within thirty ten (3010) days after of the end of each quartercalendar quarter thereafter, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions action needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken taken to comply with each Article of this Agreement; and, (c) the results and status of the corrective those actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy April 30, 2024, and thereafter within thirty forty-five (3045) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon Within thirty (30) days after receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such reportComptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of Upon the effective date of this Agreement, the Board shall appoint maintain a Compliance Committee of at least three (3) members directors, of which a majority shall no more than one (1) may be directors who are not employees an employee, former employee, officer, or officers controlling shareholder of the Bank or any of its subsidiaries or affiliates, or a family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Director for Special Supervision (“Director”) the names of the members of the Compliance Committee within ten (10) days from the effective date of their appointmentthis Agreement. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller Director within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy April 30, 2022, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller Director within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members which shall include the Chairman of which a majority the Board and two members who shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy April 30, 2024, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty sixty (3060) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy September 30, 2019, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and; (c) the results and status of the corrective actions; and (d) how each violation of law identified in the Report of Examination dated as of March 31, 2018 or subsequently discovered is being or has been corrected during the reporting period. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report, unless additional time is granted in writing by the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. ​ (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy July 31, 2020, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.. ​

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three four (34) members directors, of which a majority no more than one (1) shall be directors who are not employees an employee or officers controlling shareholder of the Bank or any of its subsidiaries affiliates (as the term “affiliates” is defined in 12 U.S.C. § 371c(b)(1)), or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In and, in the event of a change of the membership, the Board name of any new member shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with adherence to the provisions of this Agreement. Agreement and the Board Resolutions dated April 5, 2006. (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsmonthly. (23) Within sixty forty-five (6045) days of the date of this Agreement, Agreement and thereafter within thirty (30) days after the end of each quarterquarterly thereafter, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions action needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken taken to comply with each Article of this Agreement; and (c) the results and status of the corrective those actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee’s report, with any additional comments by the Board, Board to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this AgreementBy July 15, 2023, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy September 30, 2023, and thereafter within thirty thirty (30) days after the end of each quarterquarter until and unless otherwise directed by the Assistant Deputy Comptroller, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty sixty (3060) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy September 30, 2019, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and; (c) the results and status of the corrective actions; and (d) how each violation of law identified in the Report of Examination dated as of March 31, 2018 or subsequently discovered is being or has been corrected during the reporting period. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report, unless additional time is granted in writing by the Assistant Deputy Comptroller.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three four (34) members directors, of which a majority no more than one (1) shall be directors who are not employees or officers an employee of the Bank or any of its subsidiaries affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In and, in the event of a change of the membership, the Board name of any new member shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with adherence to the provisions of this Agreement. . (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsquarterly. (23) Within sixty forty-five (6045) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quartersucceeding calendar quarter thereafter, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions action needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken taken to comply with each Article of this Agreement; and (c) the results and status of the corrective those actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of receiving such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees employees, officers, or officers controlling shareholders of the Bank or any of its subsidiaries or affiliatesaffiliates (as the term “affiliate” is defined in 12 U.S.C. 371c(b)(1) and 12 C.F.R. § 223.2, as modified by 12 C.F.R. § 223.72), or a family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee to the Director for Special Supervision (Director) within ten (10) days of their appointment. In the event of a change of the in membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee member to the Bank’s compliance with the provisions of this AgreementDirector within ten (10) days. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s compliance with the provisions of this Agreement. (2) Within sixty (60) days of the date of this AgreementBy January 31, 2020, and thereafter within thirty thirty (30) days after the end of each quarter, or within such other period as the Director requires in writing, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the those corrective actions. (3) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee’s report, with any additional comments by the Board, to the Assistant Deputy Comptroller Director within ten (10) days of receiving the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. ‌‌ (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy July 31, 2020, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty forty-five (6045) days of the date of this Agreementquarter ending June 30, 2019, and thereafter within thirty forty-five (3045) days after the end of each calendar quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (ADC) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly monthly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirtyfifteen (3015) days after the end of each quartermonth, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller ADC within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within ten (10) days, the Board shall appoint a Compliance Committee to be responsible for monitoring and coordinating the Bank’s adherence to the provisions of the Agreement. The Compliance Committee shall consist of at least five (5) individuals, of which two (2) shall be selected from the Board and of which three (3) shall be members of the Bank’s holding company board of directors and not be employees of the Bank. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members appointment of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirty (30) days after the end of each quarterthereafter, the Compliance Committee shall submit to the Board a written progress report to the Board, setting forth in detail: (a) a description of actions taken since the corrective actions needed prior report (if any) to achieve compliance comply with each Article of this Agreement; (b) the specific corrective results of those actions; and (c) a description of the actions undertaken needed and the anticipated time frame to comply achieve full compliance with each Article of this Agreement; and (c) the results and status of the corrective actions. (34) Upon receiving each written progress report, the Board shall forward a copy Within ten (10) days of the report, with any additional comments by receipt of the Board, to the Assistant Deputy Comptroller Compliance Committee’s initial report and within ten (10) days of the first end of each calendar quarter thereafter, the Board meeting following shall submit progress reports to the Deputy Comptroller. These reports shall include the Compliance Committee’s report to the Board for the applicable quarter with any additional comments by the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty forty-five (3045) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (“ADC”) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty ninety (6090) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller ADC within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty forty-five (3045) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members members, all of which a majority whom shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller (“ADC”) the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller ADC within ten ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty ninety (6090) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller ADC within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty fifteen (3015) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this Agreement, and thereafter within thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty ninety (6090) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreementdays, the Board shall appoint a Compliance Committee of at least three five (35) members directors, of which a majority none shall be directors who are not employees or officers of the Bank or any of its subsidiaries affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with 's adherence to the provisions of this Agreement. . (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsmonthly. (23) Within sixty fifteen (6015) days of the date appointment of this Agreement, the Committee and thereafter within every thirty (30) days after the end of each quarterthereafter, the Compliance Committee shall submit to the Board 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 the Agreement; (b) actions initiated by the Board and the Bank pursuant to the criticisms and comments in the Report of Examination or in any future Report of Examination; (c) results of those actions; and (d) a description of the corrective actions needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller. (5) The Assistant Deputy Comptroller within ten (10) days has the discretion to amend reporting frequency and content based on the level of the first Board meeting following the Board’s receipt of such reportbank progress.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members directors, the majority of which a majority shall not be directors who are not employees or officers controlling shareholders of the Bank or any of its subsidiaries affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or affiliatesa family member of any such person. The Board shall submit in writing to the Assistant Deputy Comptroller Upon appointment, the names of the members of the Compliance Committee within ten (10) days of their appointment. In and, in the event of a change of the membership, the Board name of any new member shall submit be submitted in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee memberComptroller. The Compliance Committee shall monitor be responsible for monitoring and oversee coordinating the Bank’s compliance with 's adherence to the provisions of this Agreement. . (2) The Compliance Committee shall meet at least quarterly and maintain minutes of its meetingsmonthly. (23) Within sixty (60) days of after: (i) the date of this Agreement, ; and thereafter within thirty (30ii) days after the end of each quartercalendar quarter thereafter, the Compliance Committee shall submit to the Board a written progress report to the Board setting forth in detail: (a) a description of the corrective actions action needed to achieve full compliance with each Article of this Agreement; (b) the specific corrective actions undertaken taken to comply with each Article of this Agreement; and (c) the results and status of the corrective those actions. (34) Upon receiving each written progress report, the The Board shall forward a copy of the Compliance Committee's report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of receiving such report. (5) The Board shall ensure that the Bank has processes, personnel, and control systems to ensure implementation of and adherence to the requirements of this Agreement.

COMPLIANCE COMMITTEE. (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty one hundred twenty (60120) days of the date of this Agreement, and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.

COMPLIANCE COMMITTEE. (1) Within thirty ten (3010) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) members of which a majority shall be directors who are not employees or officers of the Bank or any of its subsidiaries or affiliates. The Board shall submit in writing to the Assistant Deputy Comptroller the names of the members of the Compliance Committee within ten (10) days of their appointment. In the event of eventof a change of the membership, the Board shall submit in writing to the Assistant Deputy Comptroller within ten (10) days the name of any new or resigning committee member. The Compliance Committee shall monitor and oversee the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall meet at least quarterly and maintain minutes of its meetings. (2) Within sixty (60) days of the date of this AgreementBy September 30, and 2022,and thereafter within thirty thirty (30) days after the end of each quarter, the Compliance Committee shall submit to the Board a written progress report setting forth in detail: (a) a description of the corrective actions needed to achieve compliance with each Article of this Agreement; (b) the specific corrective actions undertaken to correctiveactions undertakento comply with each Article of this Agreement; and (c) the results and status of the corrective actions. (3) Upon receiving each receivingeach written progress report, the Board shall forward a copy of the report, with any additional comments by the Board, to the Assistant Deputy Comptroller within ten (10) days of the first Board meeting following the Board’s receipt of such report.