Fair Lending Policy

Fair Lending Policy. This institution is committed to fair lending practices and full compliance with all applicable fair lending laws and regulations, including the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FHA), the Home Mortgage Disclosure Act (HMDA), and the Community Reinvestment Act (CRA). It is the policy of this institution that no applicant shall be discouraged from applying for credit, nor shall any applicant be denied credit, on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to contract), receipt of income from any public assistance program, or the good faith exercise of any right under the Consumer Credit Protection Act. All lending decisions shall be based on the applicant's creditworthiness as evaluated through objective, consistently applied underwriting standards. The institution shall conduct periodic fair lending analyses, including regression analysis of loan pricing and denial rates, to identify and address any potential disparate treatment or disparate impact. All lending personnel shall receive fair lending training at least annually.