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#1481280 - 12/15/10 09:18 PM Annual Board Training
*W*W* Offline
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Joined: Feb 2010
Posts: 835
What annual training is the board of directors required to have?
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#1481281 - 12/15/10 09:20 PM Re: Annual Board Training *W*W*
Kelsey D Offline
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Joined: Aug 2006
Posts: 516
Ohio
BSA
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#1481316 - 12/15/10 09:44 PM Re: Annual Board Training Kelsey D
*W*W* Offline
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Joined: Feb 2010
Posts: 835
That's it?? That's not fair...
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#1481324 - 12/15/10 09:49 PM Re: Annual Board Training *W*W*
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 80,393
Galveston, TX
I would suggest that you do a search, this is a horse that has been beat to death.
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#1481442 - 12/16/10 11:40 AM Re: Annual Board Training rlcarey
DeeQ Offline
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DeeQ
Joined: Dec 2002
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Turnpike Exit 10
I do BSA annually, then throw in some hot topics and new regs...
This year we did BSA, UDAP & CRA Community development.
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#1481596 - 12/16/10 03:49 PM Re: Annual Board Training DeeQ
Doug Hendrickson Offline
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Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
I do BSA Annually and this year, for the first time, did some high-level presentations each quarter in a number of areas (deposits, lending, fair-lending). Not required maybe, but it can't hurt.
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#1482760 - 12/20/10 02:01 PM Re: Annual Board Training Doug Hendrickson
RBanker Offline
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RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
Don't forget to look at your examiners comments - ours have said specifically that they want the BoD to receive updates of consumer protection reg changes, etc. (We're a de novo, so that makes it a little different, but your exam findings may address something with regards to board training.)
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#1482859 - 12/20/10 05:26 PM Re: Annual Board Training RBanker
#Just Jay Offline
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#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
I have used this resource as the basis for my Board Training program:

http://bankdirectorsdesktop.org/basics-for-bank-directors.cfm

and more specifically:

http://www.kansascityfed.org/Publicat/BasicsforBankDirectors/BasicsforBankDirectors.pdf (starting on page 98)
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