Equal Credit Opportunity Act (ECOA)

235 Words1 Page

Overall, the Bank generally complies with the provisions of Equal Credit Opportunity Act (ECOA) and Fair Lending laws and regulations. The Bank's Compliance, Retail Lending, Commercial Lending, Mortgage Operations, and Special Assets Departments continue to demonstrate compliance consciousness, specifically, in implementing and improving internal controls and processes to comply and meet ECOA and Fair Lending requirements while catering to consumers' lending needs and maintaining customer relationships. In addition, management has demonstrated its commitment in monitoring relevant risks and providing effective training programs for the affected employees.


The issues identified in this report are primarily documentation issues relating

Open Document