Common use of Credit Risk Management Clause in Contracts

Credit Risk Management. (1) Within sixty (60) days of this Agreement, the Board shall implement policies and procedures designed to aggregate, track and eliminate exceptions to the Loan Policy and underwriting guidelines for all loans to include, at a minimum:

Credit Risk Management. (1) Within sixty (60) days of the date of this Agreement, the Board shall implement policies develop, implement, and procedures designed thereafter ensure Bank adherence to aggregate, track and eliminate exceptions a written program to address appropriate credit administration standards for the Loan Policy and underwriting guidelines for all loans to include, at commercial portfolio. At a minimum, the Board and Management shall:

Credit Risk Management. (1) Within sixty (60) days of this Agreement, the Board shall implement policies prepare, adopt and procedures designed to aggregatethereafter adhere to, track and eliminate exceptions revisions to the Loan Policy Bank’s loan policy, as well as any necessary procedures, to address weaknesses in the Bank’s credit risk management and underwriting guidelines for all loans to includeunderwriting, that, at a minimum, include:

Credit Risk Management. (1) Within sixty (60) days of this Agreement, the Board shall implement policies prepare, adopt and procedures designed thereafter adhere to aggregate, track and eliminate exceptions revisions to the Loan Policy Bank’s loan policy, as well as any necessary procedures, to address weaknesses in the Bank’s credit risk management and underwriting guidelines for all loans to includeunderwriting, that, at a minimum, include:

Credit Risk Management. (1) Within sixty ninety (6090) days of this Agreement, the Board shall implement policies prepare, adopt and procedures designed thereafter adhere to aggregate, track and eliminate exceptions revisions to the Loan Policy Bank’s loan policy, as well as any necessary procedures, to address weaknesses in the Bank’s credit risk management and underwriting guidelines for all loans to includeunderwriting, that, at a minimum, include: