Revised Edition of SIDE-BY-SIDE, A Guide
to Fair Lending
The FDIC has revised its 1994 edition of SIDE-BY-SIDE, A
Guide to Fair Lending (see FIL-47-94). The new edition is
enclosed. The guide offers suggestions on how an institution
can compare its treatment of loan applicants through self-assessment.
Self-assessment can help prevent and detect illegal discrimination.
The FDIC revised the guide due to the overwhelmingly positive
response it received after issuing the 1994 edition. The FDIC
also wishes to continue promoting self-assessments as a means
of achieving fair lending goals.
The guide's only significant change is the FDIC's policy
concerning an examiner's request for the results of self-testing,
in which testers are used at the pre-application stage to
determine differences in treatments. Under the new policy,
FDIC examiners will not ask to review the self-testing results.
However, if an institution voluntarily provides documentation
of its self-testing efforts, the examiner will consider the
At the end of the guide, you will find selected references.
We encourage institutions to explore these and other writings
on equal credit opportunity.
If you have questions about the guide or would like to request
additional copies, please contact the Regional Office of the
FDIC's Division of Compliance and Consumer Affairs shown on
the attached address list.