Skip to content
BOL Conferences
Thread Options
#1412855 - 07/08/10 03:55 PM Past Due Information to the Board
Wisco Crime Stoppers Offline
100 Club
Wisco Crime Stoppers
Joined: Jan 2009
Posts: 205
Packer Country
I am not in lending but was asked to see if I could get information on what others are doing. How often and what information do you take to the board of directors for past due loans. For instance, 30, 60, and 90 days past due monthly or only 90 days monthly???? Any input would be much appreciated. Thanks
_________________________
“Hakuna Matata”

Return to Top
Lending Compliance
#1412869 - 07/08/10 04:15 PM Re: Past Due Information to the Board Wisco Crime Stoppers
Key Lime Pie Offline
100 Club
Joined: Jun 2002
Posts: 108
Louisville, KY
We report everything 30+ as of the month end just prior to the board meeting.

Return to Top
#1412879 - 07/08/10 04:28 PM Re: Past Due Information to the Board Key Lime Pie
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Most banks I see (and those I have worked at) report everything 30+ as of prior month end. Levels of detail can vary, just $ and # for 30+ or all consumer, names for commercial, and so forth.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#1413172 - 07/09/10 12:02 AM Re: Past Due Information to the Board Kathleen O. Blanchard
West Coast Comp Offline
Gold Star
West Coast Comp
Joined: Jun 2010
Posts: 350
Lost in the rain.
All that I know of report all 30+ day loans to the board.
_________________________
Where I go there I am. smile

Return to Top

Moderator:  Andy_Z