NCUA Q&As – What information must a credit union provide for a fair lending examination?

Compliance > Lending > Fair Lending
Q:   What information must a credit union provide for a fair lending examination?
 
A:  The fair lending examination notification letter includes an items needed list, a loan officer questionnaire to complete, and request for information about products and services offered by the credit union.  We will also request loan data for approved and denied loans in an electronic format.  The items needed list is available at NCUA’s website under “credit union resources and information” tab, then select “for credit unions,” and page down until you see fair lending compliance resources.
 
 
 
ADDITIONAL INFORMATION:
This Q&A was obtained from NCUA’s website, in a document entitled “NCUA Fair Lending Examination and Compliance Program for Federal Credit Unions,” which may be found here: 
 

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