We are not aware of any regulatory prohibition on bank employees working on a part-time basis for another employer, regardless of whether an employee is a part-time or full-time employee of your bank. However, as with employers generally, we believe your bank may impose reasonable conditions on outside employment in its personnel policies, including a requirement to notify the bank when such outside employment exists.
If we have a part-time employee, is it permissible under the Illinois Banking Act to allow the employee to have another part-time job with another employer? Is it also permissible for full-time employees?
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