I have reviewed the material from last Friday’s meeting on UDAAP. I thought the policy was fine as printed and just plugged internal bank names where needed to meet the responsibilities. It is ready to be approved at our board meeting next month. I have printed off the procedures and checklists for each section and given a copy to our President, Operations Oficer and Internal Auditor to review and we are going to discuss next week. I liked the format and the checklists pretty well as printed but will have more feedback after our meeting.
Auburn Banking Company