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#1495836 - 01/14/11 08:25 PM Compliance and CRA Committee
hockey8 Offline
New Poster
Joined: May 2010
Posts: 7
Is there any guidance on how many Board of Directors should be on the Compliance and CRA Committee?

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CRA
#1495976 - 01/14/11 10:13 PM Re: Compliance and CRA Committee hockey8
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Some banks do not have any directors on those committees. I like having a director or 2 on the CRA Committee. The can really help with board and management commitment.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#1498127 - 01/20/11 09:55 PM Re: Compliance and CRA Committee hockey8
Sewanee, CRCM Offline
Gold Star
Joined: Dec 2006
Posts: 435
TN
We don't have any Board members on those committees. Senior management is represented on those committees and they, along with the Chief Compliance Officer, report to the Board.
_________________________
____________________________________
Keep Calm and Carry On
CRCM

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