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#2279704 - 01/11/23 05:19 PM Reg O question

An executive officer at ANOTHER bank made some loans at my bank. We reported the loans to the Board of Directors. I couldn't find anything in Reg O regarding requirements for loans made to executive officers of OTHER banks... Are there any?

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#2279706 - 01/11/23 05:37 PM Re: Reg O question Anonymous
rlcarey Online
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Galveston, TX
Depends if the other bank is a correspondent bank or not. There are no reporting responsibilities, but preferential terms would be prohibited.
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