credit committee minutes

Credit committee written from your meeting

Credit committees need minutes that show how the decision was reached. Acta records the request, weighs strengths against risks and mitigants, and captures the decision, conditions and every vote.

Try this template free What's in the report

What the Credit committee contains

Lending decision: request, strengths, risks and mitigants, conditions, decision and votes.

  1. 1

    Summarises the borrower and the request (amount, purpose, tenor).

  2. 2

    Weighs strengths against risks and their mitigants.

  3. 3

    Records the decision, conditions attached and each member's vote.

When to use it

  • Credit and lending committees
  • Loan review meetings
  • Investment committees

How it works

  1. Turn the template on

    Pick it on the Templates page in Acta. You can run several templates on the same meeting.

  2. Record the meeting

    On Zoom, Google Meet or Teams, with the desktop app, Chrome extension, notetaker or mobile app.

  3. Read the report

    A few minutes after the meeting, the report is next to the summary and transcript.

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Frequently asked questions

Related:

What is the Credit committee template?

Credit committees need minutes that show how the decision was reached. Acta records the request, weighs strengths against risks and mitigants, and captures the decision, conditions and every vote.

Are individual votes recorded?

Yes. The decision, the conditions attached and each member's vote are recorded.

What does it capture about the request?

The borrower and the request: amount, purpose and tenor.

Can AI write the Credit committee from a meeting?

Yes. Acta records the meeting on Zoom, Google Meet or Microsoft Teams, or in person with the mobile app, and writes the Credit committee afterwards from what was said. Anything the meeting didn't cover is shown as missing, not made up.

Do I need a bot in the meeting to get the Credit committee?

No. The Acta desktop app and Chrome extension record from your own computer, so no bot joins the call. When you can't attend, the Acta notetaker can join from your calendar instead.

Is the template free to try?

Yes. Acta is free for 15 days, with unlimited recordings and transcriptions, and every report template included.

Your next Credit committee, written for you.

Free for 15 days. Works with Zoom, Google Meet and Microsoft Teams.

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