Model Committee Charters

These policies regarding committee charters describes (i) the process by which Bank directors create Committees and appoint members, (ii) the rules regarding how Board Committees are governed and (iii) the rules regarding the authority which may be exercised by Bank Committees.

These policies are intended to be modified by the bank to meet its specific organization’s needs.

Materials in these policies were prepared by the Boardman & Clark LLP Banking Group.