Bank Analysis School eBook

Internal Use Only

Director Roles and Responsibilities

• Provide the overall framework for the successful operation of the bank • Create a corporate culture • Strategic planning • Policy approval • Budgeting • Electing and dismissing officers

Internal Use Only

Qualifications of Directors • Unique insight/business perspective • Ideas of their own and the courage to express them (directly from the FDIC Manual) • Personal integrity • Various state requirements • Stock ownership

• Residency • Citizenship • Criminal record • Familiarity with the community • Problem solving skills