Member Benefits
Compliance
Compliance Q&A: Disparate Impact
Absence of intent to discriminate isn't a defense against disparate impact.
Q Some credit unions add a minimum housing expense for members who report living with family to aid in loan decisioning. Could this practice of adding debt to loan applicants who report no housing expense result in “disparate impact,” which federal antidiscrimination law prohibits?
Winter 2019
Alternative lending, compliance management systems, and ideas for boosting credit card portfolios are among the topics of Credit Union Magazine’s Winter 2019 edition.