Trust Examiner School eBook

Trust Officer’s Questionnaire (Continued)

16. List all transactions other than loans, deposits, bonuses, salaries, or directors fees between the institution and any of its executive officers, principal shareholders, directors, or their related interests. List only transactions entered into since the previous examination. Include the insider’s name and the date/nature of the transaction. If none, so state.

17. List any agreements with correspondent depository institutions, written or oral, establishing balances to be maintained or other considerations given by either institution in connection with loans to either of the institutions directors, officers, employees, or five percent shareholders. If none, so state.

18. List any contract or agreement, either written or oral, which obligates the department to pay greater than ten percent of its current equity capital over the life of the contract. List the name of the party contracted with, the date of the contract, and a brief description of its terms and conditions. If none, so state.

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