The Role of a National Bank Director
Author | : Office of Office of the Comptroller of the Currency |
Publisher | : CreateSpace |
Total Pages | : 120 |
Release | : 2014-10-31 |
ISBN-10 | : 1502896257 |
ISBN-13 | : 9781502896254 |
Rating | : 4/5 (254 Downloads) |
Download or read book The Role of a National Bank Director written by Office of Office of the Comptroller of the Currency and published by CreateSpace. This book was released on 2014-10-31 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bank's board of directors plays a critical role in the successful operation of the bank. The health of a bank depends on a strong, independent, and attentive board that adopts effective corporate governance practices. The board has the fundamental responsibility of directing the management of the bank's business and affairs, and establishing a corporate culture that prevents the circumvention of safe and sound policies and procedures. In addition, directors have certain fiduciary responsibilities to the bank's shareholders, depositors, regulators, and communities it serves.