Strategic Plan Policy
The purpose of this Strategic Plan Policy Template is to address the strategic planning process of a bank, credit union, or other type of financial institution that is intended to guide the direction and decisions of Senior Management and the Board of Directors. In this regard, a dynamic, carefully attended to, well supported, and sound plan is fundamental to effective management and is a key to anticipating and dealing with uncertainty, rapid change, managing risk, and everyday challenges and opportunities related to constantly evolving economic and market conditions, competition, and innovation, along with emerging or unforeseen risks, such as cyber threats or natural disasters.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Strategic Plan – Topic 3
- Profit Plan and Budget – Topic 4
- Audit Policy – Topic 5
- Staff Training – Topic 6
- Retention of Documentation – Topic 7
Recent updates to this product:
OCC Bulletin 2019-38 – Revised Updated Booklets and Rescissions
Current Expected Credit Losses (CECL) Accounting Standard
This Strategic Plan Policy Template (approximately 12 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this product are also included in the Corporate Governance Policy Template.
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When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.
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