On a written request from a member of the public, the bank must disclose the names of each of its executive officers and principal shareholders to whom the bank had aggregate credit outstanding at the end of the latest quarter that equaled or exceeded:
On a written request from a member of the public, the bank must disclose the names of each of its executive officers and principal shareholders to whom the bank had aggregate credit outstanding at the end of the latest quarter that equaled or exceeded 5 percent of the bank's capital, and unimpaired surplus or $500,000, whichever is less. No disclosure is required if the aggregate credit was $25,000 or less. Disclosure of individual loan amounts is not required.
According to regulations, banks are required to disclose the names of each of its executive officers and principal shareholders to whom the bank had aggregate credit outstanding at the end of the latest quarter that equaled or exceeded 5 percent of the bank's capital and unimpaired surplus, or $500,000, whichever is less. No disclosure is required if the aggregate credit was $25,000 or less. Additionally, disclosure of individual loan amounts is not required.