fair lending for community banks

Fair lending for community banks: best practices for an effective fair lending compliance management program

Complying with fair lending regulations to ensure all customers have access to fair, equitable and nondiscriminatory access to credit is often a challenge for many banking institutions. As the Consumer Financial Protection Bureau (CFPB) continues to enforce existing laws at a steady and rigorous pace, and with the consequences of non-compliance being severe, there is mounting pressure for banks to administer annual fair lending reviews to help identify potential discriminatory lending practices within their institution.

Watch our complimentary on-demand webinar for a discussion that explores:

  • Fair lending policies and procedures, including the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FHA) and more
  • The components of a strong fair lending monitoring system, including internal controls
  • A regulatory perspective on lending practices

Key takeaways:

  • Major fair lending regulations
  • Best practices when establishing a fair lending monitoring system
  • Risks and red flags of prohibited credit lending practices

View the presentation.

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