Loan Committee

Filed Under »
Dictionary Says

Definition of 'Loan Committee'

The lending or management committee of a bank or other lending institution that analyzes and subsequently approves or rejects any loan that the initial loan officer does not have the authority to approve. First, the committee ensures that the loan meets standard lending policy. Assuming the loan meets this criteria, the committee can agree to fund and disburse the loan with a binding commitment.
Investopedia Says

Investopedia explains 'Loan Committee'

The loan committee is responsible for periodic credit reviews of the bank's maturing loans. It also determines what collection action should be taken on past-due loans. The loan committee is usually composed of upper-level officers of the bank or lending institution with management authority.
Search results for

'Loan Committee'

  • What The Failure Of The Super Committee Means - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/What-The-Failure-Of-The-Super-Committee-Means.aspx
    ... What The Failure Of The Super Committee Means. ... The committee's mission was to recommend
    $1,200 billion in deficit reductions, over the next ten years. ...

  • Can The US Super Committee Solve The Debt Crisis? - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0811/Can-The-U.S.-Super-Committee-Solve-The-Debt-Crisis.aspx
    ... Can The US Super Committee Solve The Debt Crisis? ... Jeb Hensarling of Texas (Republican
    and committee co-chair): Chairman of the House Republican Conference. ...

  • How To Write An Effective Investment Banking Resume

    http://www.investopedia.com/articles/financialcareers/10/investment-banking-resume.asp
    ... Reported directly to VP and chairman of small business loan committee. Cite
    previous employment in the same manner as the sample above. ...

  • 5 Reasons The US May See Another Debt Downgrade - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/5-Reasons-The-U.S.-May-See-Another-Debt-Downgrade.aspx
    ... Harris' Reason Harris believes that the Congressional super committee formed to
    reign in the nation's budgetary problems, is going to end in gridlock. ...

  • What is a CUSIP number?

    http://www.investopedia.com/ask/answers/04/040704.asp
    ... Formed in 1962, this committee developed a system (implemented in 1967) that identifies
    securities, specifically US and ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Evaluating The Board Of Directors

    http://www.investopedia.com/articles/analyst/03/111903.asp
    ... (To learn more, read Evaluating Executive Compensation.); The Nominating Committee
    This committee is responsible for ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Is The Santa Claus Rally For Real? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/Is-The-Santa-Claus-Rally-For-Real.aspx
    ... Investors also cite the failure of Washington's Super Committee, and how that is
    one more example of how Washington is too divided to make bold moves that ...

  • Can The US Regain Its AAA Rating? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/Can-The-U.S-Regain-Its-AAA-Rating.aspx
    ... The American Plan Members of the US Congress are now debating the methods in a
    12-member so-called bipartisan Super Committee by which its debt can be reduced ...

  • Whistleblowers And Their Impact On Business - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Whistleblowers-And-Their-Impact-On-Business.aspx
    ... traded companies were required to set up internal procedures to allow employees
    direct and confidential access to the company's audit committee, and outlined ...

  • To whom was the term "corporate kleptocracy" first applied?

    http://www.investopedia.com/ask/answers/09/corporate-kleptocracy-conrad-black-hollinger.asp
    ... The shareholders' committee released a report in 2004 that the SEC later made public. ...
    $30K HELOC, 4.59%, 4.60%. $30K Home Equity Loan, 5.74%, 5.77%. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links