Customer Reviews

Financial Institution Director Liabilities and Responsibilities

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This book, as with all the previous books in this series, provides an excellent overview of the Liabilities and Responsibilities faced by financial institution directors.

Now in its fifth edition, Financial Institution Director's Liabilities and Responsibilities is a must read for all new board members. New editions contain updated information concerning the impact of FIRREA and FDICIA. The author can be contacted in Toledo, OH.

Over the next few years, the community bank Board of Directors will be less of a Good Old Boy social club. Many of the CEOs we deal with are very serious about re-vitalizing their boards.

Given the competitive nature of the financial services sector, fresh thinking at the Board level is now seen as mandatory.

But if you are offered a Board seat at a community Bank, don't accept the assignment until you have read Dr. Douglas Austin's perceptive and readable analysis.

For example, did you know that you can be held PERSONALLY liable for losses resulting from fraud of officers, if ordinary care and attention would have prevented their actions?

Have I got your attention now?

Over 75,000 copies have been sold since 1984. The book is in its fourth edition.

Larry Stybel The Board of Directors' Resource Center Boston, MA