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#2039606 - 09/21/15 02:05 PM Board of Directors- Public Knowledge?
GoCubsGo Offline
Junior Member
Joined: Jun 2010
Posts: 44
We are an independently owned community bank. I've recently had a customer request a list of our Directors. My belief would be that this list is not required to be public knowledge due to the fact that we are privately owned. Am I correct? Additionally, what would your opinion be on providing that information?

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CRA
#2039607 - 09/21/15 02:11 PM Re: Board of Directors- Public Knowledge? GoCubsGo
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
There is nothing in the Community Reinvestment Act that would require such disclosure. This would be purely a bank decision re what is the risk if any of providing the list and what is the risk of not providing.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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