On October 13th & 14th, we hosted our VIRTUAL Lending Compliance Conference. Just like the Deposit Conference before it, it was huge success!
One of the topics discussed in our “Loan Compliance in 2020 & Beyond” session was the Equal Credit Opportunity Act’s Small Business Lending Data Collection. This has been a long time coming and while we still don’t have a proposal, the CFPB did recently put out an outline as to what any upcoming proposals might consider.
Click the video to hear what our experts had to say about this during the Lending Conference:
We also addressed this topic in detail in the October 2020 edition of Banking on BCC!
Lucky for you, we aren’t quite finished with our virtual conferences. We will be hosting our Bank Secrecy Act Conference on November 10th and it’s not too late to register! The conference is recorded for unlimited playback and there is no additional charge for multiple locations.
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