Use for: Consumer loans.
- Rev. 11/23.
- Revised by adding updated contact information for Regulation B (ECOA) regulatory agencies. Use of forms with the updated addresses is mandatory, effective March 20, 2024.
The CFPB is added as a regulator for credit unions that exceed $10 billion in assets. And it gets tricky if a CU affiliate (CUSO) needs to give the adverse action notice as a lender. All affiliates would list the Federal Trade Commission (FTC) as a regulator, but if they are affiliated with a CU over $10 billion, they must also list the CFPB as a regulator.
- See ii Release No. B041 and ii Release No. 0126 for more information.
- See Compliance Courier dated TBD
- 8.5 x 14″
- Single side form.