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Product Update Notification - 09/16/08 Asset, Liability and Liquidity Policy Update Details What's Revised Topic 2 - Policy Statement. The second paragraph of the "General" subtopic was revised. Topic 3 - Risk Management. The following subtopics were added: Liability Based or Off Balance Sheet Strategy Risk Liquidity Risk Limit Guidelines Topic 6 - Financial Performance Objectives and Reporting. The "Brokered and Rate Sensitive Deposits" subtopic was revised. Topic 7 - Liquidity Contingency Plan. The following topics were revised: General - The entire contents of this subtopic were revised. Plan Overview and Considerations - New bullet points 3. and 4 were added in addition to the first paragraph (and subsequent four bullet points) following bullet point 15. The first paragraph, bullet points 2. and 10. C. were revised. A new subtopic entitled "Restrictions on Use of Brokered and High Rate Deposits" was added. Product Contents Purpose and Contents - Topic 1 Policy Statement - Topic 2 Risk Management - Topic 3 Responsibility - Topic 4 Capital Management - Topic 5 Financial Performance Objectives and Reporting - Topic 6 Liquidity Contingency Plan - Topic 7 Dividend and Inter-Company Expense Policy Reference - Topic 8 Interest Rate Risk Policy Reference - Topic 9 Investment Policy Reference - Topic 10 Regulation F Policy Reference - Topic 11 Audit Policy - Topic 12 Staff Training - Topic 13 Retention of Documentation - Topic 14 Ordering Information This product is available to purchase from Bankpolicies.com for: $275.00 - List Price - or - $50.00* - Update Price *Applies only to clients who have purchased our Asset, Liability and Liquidity Management Policy Template within the last three years in addition to the following prior update (if applicable): Asset, Liability and Liquidity Management Policy Template Update - 09/11/07 - $50.00 If you have ordered this product after 08/16/08 you are eligible to receive the product update at no charge. Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies). NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |