Financial Institution Director’s Handbook from CCH Showcases Best Practices For Challenging Role

(RIVERWOODS, ILL., July 7, 1999) – Being the director of any company is a major responsibility, but those who sit on the boards of banks and other financial institutions have extra concerns, face more scrutiny and need additional guidance, according to CCH INCORPORATED (CCH), a leading provider of business and regulatory law information. To give them the background they need to fulfill their duties and avoid potentially serious liabilities, CCH has published the Financial Institutions Director’s Handbook by Dr. Douglas V. Austin, as a practical guide for board members.

The Handbook not only shows how directors can steer clear of the dangers of their complex and highly regulated industry, but more importantly how they can bring best industry practices to their institutions’ governance. It thoroughly explores topics such as the duties and responsibilities of directors, strategic planning, lenders’ liability, commercial lending, examinations and audits, mergers and shareholder relations.

Users of the Handbook will find clear, incisive, pragmatic advice accompanied by checklists, tips and action items to ensure their effectiveness in their crucial roles.

About the Author

Dr. Douglas V. Austin draws on diverse professional experience spanning four decades in financial institution management and academia – and on the hundreds of articles he’s written on key legal and financial issues in the banking area – to produce this insightful guide. An acclaimed author, consultant and scholar, Dr. Austin is head of Toledo-based Austin Financial Services, a consulting firm specializing in director consultation, strategic planning and investment banking.

Availability and Pricing

For more information or to order the 350–page Financial Institutions Director’s Handbook, call 1-800-248-3248. Single-copy price is $75.00. Price for 10 or more copies is $50.00 each.

About CCH INCORPORATED

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com.

-- ### --

EDITORS NOTE: An editorial review copy of Financial Institutions Director's Handbook is available by contacting Leslie Bonacum at 847-267-7153 or bonacuml@cch.com.

nb-99-60