Troubled Debt Restructuring (TDR) and Loan Workout Policy
The purpose of this Troubled Debt Restructuring (TDR) and Loan Workout Policy Template is to address how a bank, credit union, or other type of financial institution renegotiates loan terms to assist borrowers who are unable to meet the original terms of their loans, and maximize recovery of loans to these borrowers. See more information about this product below.
The purpose of this TDR Policy Template is to address how a bank, credit union, or other type of financial institution renegotiates loan terms to assist borrowers who are unable to meet the original terms of their loans, and maximize recovery of loans to these borrowers.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- TDR Impairment Measurement Guidelines – Topic 3
- General Appraisal and Collateral Considerations – Topic 4
- Interest Income – Topic 5
- Commercial Real Estate Loan Workout Program – Topic 6
- Agricultural Loan Workout Program – Topic 7
- Residential Real Estate Loan Workout Program – Topic 8
- Accounting Considerations – Topic 9
- Loans to One Borrower – Topic 10
- Classification – Topic 11
- Audit Policy – Topic 12
- Staff Training – Topic 13
- Retention of Documentation – Topic 14
Recent updates to this product:
Current Expected Credit Losses (CECL) Accounting Standard
This TDR Policy Template (approximately 28 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $175.00.
NOTE: The complete contents of this product are also included in the Non-Accrual and Charged-Off Loan 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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