Do you allow loans to your internal auditors or require them to go to another bank to maintain independence?

They have to go to both the credit committee and the board of directors.

We allow it - we get the employee rate like everyone else and must meet all of the underwriting requirements like everyone else.

There are stricter rules for external auditors.

We also allow loans to the auditor (me). The same as DerrickAuditor I get the employee rate and must meet the same underwriting requirements that everyone else has to meet. This policy has never been quesitoned by either regulator-FDIC or state.

Same as the above. Although there is no employee rate. We receive the same rate as customers.

I heart having an employee rate!