ABA offers free fair lending compliance resource.

• Position: ABA RESOURCES

ABA HAS RELEASED A FREE, members-only resource to assist bankers with their continued compliance with fair lending laws. The Toolbox on Fair Lending provides practical examples, how-to's, and templates for bankers to use when reviewing compliance and preparing for fair lending exams.

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"A number of cases brought recently by the Justice Department have made some banks anxious to know if their fair lending compliance programs are keeping pace with the latest legal interpretations" says ABA Chairman Albert Kelly. "The goal of this toolbox is to help ensure that your institution is in sync with examiner expectations so that you get the sort of compliance credit you deserve"

The Toolbox on Fair Lending was produced exclusively for ABA members and is scalable to financial institutions of all sizes, complexities and organizational structures. This resource, an update from ABA's first fair lending toolbox released in the early 1990s, will help institutions review the...