Every director of a national bank (including the President as a member of the board) must be a citizen of the United States. The Comptroller of the Currency can waive the citizenship requirement for not more than a minority of directors for a bank.
"§72. Qualifications
Every director must, during his whole term of service, be a citizen of the United States, and at least a majority of the directors must have resided in the State, Territory, or District in which the association is located, or within one hundred miles of the location of the office of the association, for at least one year immediately preceding their election, and must be residents of such State or within one-hundred-mile territory of the location of the association during their continuance in office, except that the Comptroller may, in the discretion of the Comptroller, waive the requirement of residency, and waive the requirement of citizenship in the case of not more than a minority of the total number of directors.
[...]
§76. President of bank as member of board; chairman of board
The president of the bank shall be a member of the board and shall be the chairman thereof, but the board may designate a director in lieu of the president to be chairman of the board, who shall perform such duties as may be designated by the board.[...] " (Banks and Banking Code (12 U.S.C. current through Pub. L. 117-49), §§ 72 and 76)
Banks and Banking Code (12 U.S.C. current through Pub. L. 117-49), §§ 72 and 76
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