Regulator asked for our Military POA policy and procedure today.

Does anyone have this? I have never heard of a specific policy for a military poa.

This is news to me... keep me posted what you find out. Who is your regulator? We have special considerations for military POAs, but not a separate policy. We are just extremely careful, review active duty status, have legal review... I hope I didn't miss something!

I think that some regulator-types (read: examiners) think that "policies and procedures" is one word or one concept. I doubt that most banks have a "policy" on acceptance of powers of attorney in general, let alone military POAs. It's really more of a procedural thing, I think.

Asking is one thing, recommending is another and requiring is yet another. Were they asking in passing, or did they see a need?

I worked at a military bank many years, every soldier who deploys is recommended to have a POA, but we didn't have a special process to handle them. They were POAs.

One thing that stateside banks need to be aware of is the potential they can receive a POA that is not subscribed before a notary public.

They were going down a checklist asking for a list of items and that happened to be one. We just gave them our POA procedures which inlcude a statement that basically states the soldier does not have to have a state compliant POA.
Have not heard back from them yet. Asked for a reference in the regulation to show exactly what we were required to keep but have not received anything yet.