How about informing your President in a nice way that you appreciate it, but that this could be a real Reg O violation.
As a part owner of a title company, and as a bank President one would think the Board of Directors are aware of the potentrial problem, or have resolved it with regulators some way.
Here is a qouate from FDIC Cease and Desist Orders:
The financial interests and obligations of individuals that appear to conflict with that individual's duties and responsibilities such as:
(i) Participating in any manner in any transaction or loan in which the individual, the individual's spouse, child, partner, or organization is involved; or in which the individual serves as an officer, director, trustee, partner, or employee, or has a financial interest, either directly or indirectly;
(iii) Providing goods or services to the Insured Institution;
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