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New Fair Lending Policy!

Category: Industry Issues Category: Lending
By Jami Weems    No Comments

Last week we released our quarterly update to PolicyAid, our online policy solution.    We included a new Fair Lending Policy to assist both federal and state chartered credit unions with their fair lending program.  This new policy was developed in light of NCUA’s recently published Fair Lending Guide.  In addition, we’ve updated a few of our existing policies based on final rules.  Our April updates include the following:

  • Fair Lending Policy (New)
  • Electronic Funds Transfer Policy (Updated)
  • Investment Policy (Updated)
  • Servicemembers Civil Relief Act and Permanent Change of Station Policy (Updated) 
  • Real Estate Lending Policy (Updated) 

If you aren’t already a subscriber…. check us out.  We offer an annual subscription to a library of over 70 policies and counting for a mere $299.  If you are tired of spending countless hours just staring at a blank piece of paper trying to get started, subscribe today and let us help you save time and energy.  Our policies are in word document format and can easily be downloaded and customized to fit your credit union’s needs.   For questions please contact us at policyadmin@policyworksllc.com  or 1-855-341-4643.

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Industry Issues, Lending

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