I'm wondering if someone has a resource of what the requirements or best practice would be for what should be included in the Board packet. Or are willing to share what you include in your Board packets. We've been doing the same thing for many years and wonder if we need to update things. Here is a list of what we are currently including:
Summary Income Statement
Summary Balance Sheet
Detailed Income Statement
Detailed Balance Sheets
Delinquency Statistic Report
Spread Analysis
Informational Graphs
Investment Report
Alternate Funding of Benefits Report
Commercial Loan Report
Delinquent Loan Report
Allowance for Loan Loss Report
Loan Review Committee / Membership Officers Report
Building Report
Dividends and Interest Rates