Internal Control Questionnaires and Verification Procedures

12 CFR 21—Compliance Questionnaire

  1. Has the board of directors in accordance with 12 CFR 21.2 designated a security officer?

  2. Has a security program been developed and implemented in accordance with 12 CFR 21.4?

  3. Do security devices give a general level of protection that is at least equivalent to the standards described in Appendix A of the regulations?

  4. Has installation, maintenance, and operation of security devices been in accordance with 12 CFR 21.3?

  5. Do vaults, safes, ATM’s, and night depositories meet or exceed the minimum standards described in Appendix A of 12 CFR 21?

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