Loan Loss Reserve Policy Update Details

Topic 13 - Audit Policy. Provides sample guidance with respect to a financial institution's requirement to conduct periodic independent audit reviews of the adequacy of the Bank's ALLL activities.

Topic 14 - Staff Training. Provides sample guidance for the periodic training of the board of directors, senior management, and other related financial institution personnel.

Topic 15 - Retention of Documentation. Provides sample guidance for the retention of all related documentation.

What's Revised

Topic 5 - Evaluation Process. The following subtopics were added:

Sound Practices

Additional Considerations

Prohibited Practices

Ordering Information

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

$275.00 - List Price

- or -

$25.00* - Update Price

*Applies only to clients who have purchased the Loan Loss Reserve (ALLL) Policy Template within the last three years including the following update (if applicable):

Loan Loss Reserve (ALLL) Policy Template Update - 01/23/07 - $50.00

If you have ordered this product after 06/13/09 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.

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