Common use of Loan Review Program Clause in Contracts

Loan Review Program. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Commissioner an acceptable written program for the ongoing review and grading of the Bank’s loan portfolio by a qualified independent party. The program shall, at a minimum, address, consider, and include:

Appears in 1 contract

Sources: Written Agreement (Cecil Bancorp Inc)

Loan Review Program. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Commissioner an acceptable written program for the ongoing review and grading of the Bank’s loan portfolio by a qualified independent partyparty or by qualified staff that is independent of the Bank’s lending function. The program shall, at a minimum, address, consider, and include:

Appears in 1 contract

Sources: Written Agreement