Does the FRB have a list of required policies? We were reviewing our list and trying to decide if we could consolidate some of them into other policies.

Hey Scott f, below are a couple of links they be helpful.The first link is to OCC's list of required policies:

http://www.occ.gov/static/licensing/form-min-policies-procedures-checklist-v2.pdf

Also, this link http://www.kansascityfed.org/Publicat/BasicsforBankDirectors/BasicsforBankDirectors.pdf provides guidance to the BODs regarding the policies that should be in place.

As the regulators would say: a bank should have policies in place that provides "risk limits" based upon the size and complexity of the institution.