This booklet describes information generally found in board reports that national bank directors use to meet their fiduciary
responsibility. It highlights red flags that may signal existing or potential problems. This updates "Red Flags in Board Reports-A Guide for Directors," September 2000.
This pocket guide is a short version of Detecting Red Flags in Board Reports—A Guide for Directors, October 2003.
For a complete list of red flags and a fuller discussion of each topic, please consult the book.
This guide is intended to emphasize to boards of directors and management of national banks the importance of
effective internal controls. The document describes basic controls and includes a series of questions that can assist directors
and management in evaluating their bank's internal control systems.
This book provides general guidance to directors of national banks. It outlines the responsibilities of the
board, highlighting areas of particular concern, and addresses in broad terms the duties and liabilities of the individual director.
PLEASE NOTE: [Although the Director's Toolkit is not currently available as a package in print form, you may order copies of the individual publications using the publication order form. Prices for print copies are available on the Publications List page.]
The Office of the Comptroller of the Currency was created by Congress to
charter national banks, to oversee a nationwide system of banking institutions,
and to assure that national banks are safe and sound, competitive and
profitable, and capable of serving in the best possible manner the banking
needs of their customers.
