215.5(c) A member bank is authorized to extend credit to any executive officer of the bank:
(3) In any amount, if the extension of credit is secured in a manner described in Sec. 215.4(d)(3)(i)(A) through (d)(3)(i)(C) of this part.
Sec. 215.4(d)(3)(i)(C)Extensions of credit secured by a perfected security interest in a segregated deposit account in the lending bank;
So, the CD secured loans are not an issue. You didn't say how the new loan would be secured. If not under one of the exclusion, that loan will be a problem.
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