NCUA Q&As – Does NCUA have a sample fair lending policy available?

Compliance > Lending > Fair Lending
Q:   Does NCUA have a sample fair lending policy available?
A:  NCUA does not provide sample policies, but fair lending educational and compliance tools and resources are available at
When developing a policy, credit unions can use the OCP Fair Lending Guide which includes an overview of fair lending laws, operational requirements, review considerations, checklists, and definitions.  The Fair Lending Compliance Best Practices for Federal Credit Unions helps ensure that the credit unions compliance program complies with fair lending laws and regulations.  This document notes that “the fair lending policies and procedures should clearly state how the credit union will comply with fair lending laws and enable the credit union to serve the entire field of membership.”  NCUA’s website also includes additional “frequently asked questions” regarding fair lending compliance.
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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