CRITERIA FOR MEMBERSHIP

Basic Membership

This is open to all current and former members of the Board of Directors of a commercial bank or savings institution. This membership entitles you to receive all of the publications of AABD at significant discounts, to participate in the efforts of AABD to change federal and state banking laws that put bank and savings institution directors at unnecessary risk of personal liability. The basic membership also allows you to participate with AABD in persuading federal and state banking regulators to support legislative changes and to use their enforcement powers against bank directors in a manner consistent with due process and rational banking supervision. The basic membership is free upon registration with AABD.

Premium Membership

This membership is open to all current and former members of the Board of Directors of a commercial bank or savings institution. You are entitled to receive free periodic newsletters, special reports, bi-annual Surveys of Bank and Savings Institution Boards of Directors on director compensation and corporate governance issues, and other AABD publications. The premium membership also provides for participation in all of AABD's substantive committees, discounted registration fees for AABD's annual convention, participation in the director certification program offered through the Institute for Bank Director Education, which may lead to discounts on D&O insurance. The individual premium membership fee is $295 a year, and the group membership (all of the directors on your board) is only $695 a year.

Associate Membership

This membership is open to all persons (including companies) who are not members of the Board of Directors of a commercial bank or a savings institution. Examples include directors of credit unions, bank officers who do not serve on their bank boards, vendors, bank accounting firms, investment bankers, bank attorneys, and banking agency representatives. The associate membership has all the rights and privileges of a premium membership. The annual membership fee is $750. At the person's request, AABD will list Associate Members and information about them on AABD's web site.

Alliance Group

Alliance group members are companies that offer quality products to banks, savings institutions and their Boards of Directors. AABD provides assistance to alliance group members to reach AABD members, and alliance group members may participate in AABD's annual conventions and other meetings. Those with an interest in becoming alliance group members should contact David Baris, Executive Director, at dbaris@aabd.org or call (301) 263-9841.