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Agenda - Council - 11/13/2012
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Agenda - Council - 11/13/2012
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3/18/2025 12:25:35 PM
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11/14/2012 1:55:59 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/13/2012
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PROPOSAL FOR BANKING SERVICE <br />BANKTHEWEST <br />It is against our policy for a team member to work for another bank, savings and loan <br />association, finance company or other institution that competes directly with Bank of <br />the West. <br />A team member who has received approval from the Human Resources Compliance <br />Manager to serve as an officer, director, or team member of an outside organization <br />or to engage in other outside employment can normally retain all compensation paid <br />for such service. Honorariums received by a team member for publications, public <br />speaking, appearances, teaching, and the like may also be retained by the team <br />member. However, you must obtain approval from your manager prior to engaging in <br />such activities. Once approval is obtained, you must seek guidance from Corporate <br />Communications with respect to public speaking and media relations policies. In <br />most outside activities, you will not be allowed to present yourself as a Bank of the <br />West representative. <br />Community and Political Activities <br />While you are encouraged to take an active part in community, religious and political <br />affairs on your own time, your involvement must be on an individual basis, and must <br />avoid inference that Bank of the West is endorsing or taking a particular position that <br />is in conflict with the interests of Bank of the West. <br />Under no circumstance may a team member authorize any direct or indirect political <br />contribution of Bank of the West funds or other property of Bank of the West. <br />You must disclose to Bank of the West any public or political office you seek or hold <br />so we may determine whether a conflict of interest exists. You must receive prior <br />written approval from the Human Resources Compliance Manager before seeking or <br />remaining in a public or political office. In serving as a public or political official, you <br />must not make or approve loans to that public or political entity or represent Bank of <br />the West in any other transactions with that public or political entity. <br />Loans to Relatives, Creditors and Others <br />Team members with authority to make Bank of the West loans may not grant credit <br />to relatives or to businesses owned or operated by relatives. It is also against our <br />policy for you to grant credit to personal creditors, Bank of the West customers <br />wishing to purchase your private property or the private property of your relatives, or <br />to businesses in which you are an officer, director or employee or in which you or <br />your relatives have a financial interest. <br />Loans from Bank Customers, Suppliers or Team members <br />It is against our policy for a team member to borrow money from Bank of the West <br />customers, suppliers or fellow team members. This restriction does not apply to <br />loans from recognized lending institutions or normal credit granted by businesses for <br />purchases carried on account. <br />Individual Fiduciary Activity <br />Team members may serve in a fiduciary capacity only for immediate family <br />members. <br />8IPage <br />
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