No member of the Board or staff shall derive any personal profit or gain, directly or indirectly, by reason of his or her participation in the organization. Each individual shall disclose to the Chairman of the Board or the Executive Director any personal interest which he or she may have in any matter pending before the organization, and shall refrain from participation in any decision on such matter.
Any member of the Board or staff who is also an officer, Board member, committee member or staff member, of a borrower, loan applicant, contractor, vendor, or supplier of or to, shall immediately identify his or her affiliation with such agency or agencies. Further, in connection with any committee or Board action specifically directed to that agency, he/she shall not participate in the decision affecting that agency, and the decision must be made and/or ratified by the full Board.
Any member of the Board or any staff member shall refrain from obtaining any list of clients for personal or private solicitation purposes at any time during the term of their affiliation.