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#864603 - 12/01/07 03:29 PM Security Officer
J2C Offline
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Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
We are a small bank with one security officer. She just gave her notice. How long do we have from the time she terminates her employment to appoint a new security officer?
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Security - PUBLIC
#864767 - 12/03/07 02:59 PM Re: Security Officer J2C
LoisLane Offline
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Ideally you should appoint one immediately, but if this isn't possible, someone should be selected to at least fill the duties temporarily.
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#864769 - 12/03/07 03:00 PM Re: Security Officer LoisLane
LoisLane Offline
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Wisteria Lane..
I should have added that you should watch out because you are probably the likely choice.
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#864832 - 12/03/07 04:15 PM Re: Security Officer LoisLane
J2C Offline
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Big Brother knows and that's a...
Is there any guidance that gives a time frame? Unfortunately I have a feeling it will be put off until it is necessary unless there is something concrete.
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#864870 - 12/03/07 04:54 PM Re: Security Officer J2C
thomasj Online
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Pennsylvania
I don't know that you will find it in black and white anywhere. About 8 years ago I saw our SO walking out the back door with his stuff in a box and was appointed (interim pending board approval) within 15 minutes. The approval by the board took place at the next board meeting which was less than a month later.
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#864909 - 12/03/07 05:21 PM Re: Security Officer thomasj
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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The requirement is that you have a security officer; that implies that you will not be in a position that you do not have one. Someone should at a minimum be charged with fulfilling the duties until the official appointment occurs, which should be at the earliest opportunity.
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#864945 - 12/03/07 05:46 PM Re: Security Officer Kathleen O. Blanchard
Pup Offline
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So.....where should I send my resume??

I wasn't sure about requirements, but my thoughts are being echoed by the above posters. Don't take your time on this and, as Lois implied, be prepared to be the interim while your bank completes its search.

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#882678 - 01/06/08 12:57 PM Re: Security Officer J2C
Dana Turner Offline

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Dana Turner
Joined: Dec 2000
Posts: 543
Pipe Creek TX - U.S.
Folks,

Examiners have told me repeatedly that -- logical interpretation of the Bank Protection Act here -- a Security Officer must be appointed and available for consultation. If your Security Officer is on vacation, at school, suspended or fired, you should have another one "in-the-chute" who has been pre-approved and pre-appointed by the Board. Technically, if you wait for the next Board meeting, your institution might be in violation of the Act. Think FIRREA . . .
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