FDIC Atlanta Region
Regulatory Conference Call:
Managing Your Bank’s Fair Lending Program Risks
Thursday, June 16, 2011
10 am Eastern Time
The FDIC’s Atlanta Region will host a Regional Regulatory Conference Call on Thursday, June 16, 2011 at 10:00 am (Eastern Time). The topic of this conference call is “Managing Your Bank’s Fair Lending Program Risks.”
Speakers for this call are Assistant Regional Director Phyllis M. Patton and Fair Lending Examination Specialists Gary L. Clayton and Barbara Belfoure-Redditt.
The presentation is designed to cover potential fair lending risks and how to manage those risks. Some of the potential fair lending risks to be discussed are pricing, underwriting, marketing/advertising, steering, and redlining risks, as well as risks associated with age-based deposit accounts with credit features, and spousal signature/guarantee and intent to apply jointly requirements. The speakers will discuss each of the potential risks and provide you with information that can assist financial institutions in mitigating those risks. The effect of evidence of discriminatory credit practices on a financial institution’s compliance and Community Reinvestment Act ratings will also be discussed.
The 90 minute call will include a question and answer session. The call is open to FDIC-supervised institutions (state nonmember banks) in the Atlanta Region. Bank directors, officers, and staff members are welcome to participate. Participants may call in from any location and are not required to be onsite at their institution.