Loan Grading and Review Policy Update

Product Update Notification - 01/23/07

Loan Grading and Review Policy Template Update

Bankpolicies.com is proud to announce the immediate availability of our revised Loan Grading and Review Policy Template product.

This product was revised in response to the Federal Financial Regulatory Agencies Joint Press Release dated December 13, 2006 that announced a new interagency policy statement on the Allowance for Loan and Lease Losses (ALLL). The new policy statement revises and replaces a 1993 policy statement on the ALLL.

http://www.federalreserve.gov/boarddocs/press/bcreg/2006/20061213/default.htm

Click here to review detailed subject matter regarding new, revised or deleted topics for this product.

Product Contents

Purpose and Contents - Topic 1

Policy Statement - Topic 2

Loan Grading Policy Statement

Loan Review Policy Statement

Enforcement

Exceptions to Policy

Credit Administration and Committee Responsibilities - Topic 3

Credit Administration

Directors' Loan Committee

Special Assets Committee

Loan Grading System - Topic 4

General

Loan Risk Grade Categories

Upgrade Procedures

Downgrade Procedures

Split Grade Procedures

Loan Officer Responsibilities - Topic 5

General

Supporting Information

Guarantees and Third Party Support

Collateral

Terms and Documentation

Other Considerations

Credit File Availability

Loan Review System - Topic 6

General

Loan Review Scope

Other Factors and Conditions

Qualifications of Loan Review Personnel Standards

Independence of Loan Review Standards

Frequency of Review Standards

Review of Findings and Follow Up Standards

Internal Loan Review

Credit Review Examination Report Requirements

Includes the following form template:

Loan Grade Change Request (1 page)

Ordering Information

This revised product is available to purchase from Bankpolicies.com for:

$175.00 - List Price

- or -

$25.00* - Update Price

*Applies only to clients who have purchased our Loan Grading and Review Policy Template within the last three years in addition to the following prior update (if applicable):

Loan Grading and Review Policy Template Update - 05/23/06 - $50.00

If you have ordered this product after 12/23/06 you are eligible to receive the updated product 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.

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