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#2279790 - 01/13/23 01:06 PM BOD - Fair Lending Training
Anonymous
Unregistered

I would like to know how often does your institution conduct Fair Lending Training for your BOD's?

We've been doing it annually for them. Is that too often?

Thanks

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#2279791 - 01/13/23 01:45 PM Re: BOD - Fair Lending Training Anonymous
Rocky P Online
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Joined: Jun 2003
Posts: 7,650
Florida
On a high level, IMHO, no. Examiners are going to ask about training as the BOD is responsible for the bank's actions, including review of fair lending activities (either directly or through a nboard committee), and providing guidance and instruction to management.
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#2279794 - 01/13/23 02:35 PM Re: BOD - Fair Lending Training Rocky P
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Joined: Jul 2004
Posts: 18,989
If you are a member of ABA, they have free high-level fair lending training (among other topics) specifically for Directors.
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