I have been looking at a few Reg O guides, specifically the sections that relate to loans to executive officers.

Aggregate loans can't exceed $100,000 except:
child's education
1st lien on a residence
fully secured by defined marketable securities

another guide a I read list the same two (education and residence) but the third exemption was loan secured by deposits of the bank or US government securities. Are these two bullets really one in the same?

We have an EO that wants to borrow money against stock.

You will find the description of the security for loans that fit that last exception in section 215.4(d)(3)(i)(A) through (d)(3)(i)(C) of 215.4. http://www.bankersonline.com/regs/215/215-5.html

Thank you! The following link contains the flowchart that makes mention of marketable collateral. I read that to say securities earlier, my apologies!


http://www.bankersonline.com/compliance/regoflow.pdf