Please join Federal Reserve experts for a discussion of the regulatory requirements related to adverse action notifications under the Equal Credit Opportunity Act (ECOA), as implemented by Regulation B, and the Fair Credit Reporting Act (FCRA).
Scott Sonbuchner and Kate Loftus from the Federal Reserve Bank of Minneapolis, and Scott Grotewold from the Federal Reserve Bank of Chicago, will provide an overview of the regulatory requirements, discuss the different requirements under the ECOA and the FCRA, and review recent adverse action issues raised during examinations and through consumer complaints.
This webinar will take place Thursday, July 17, 2025 from 11 a.m. – 12 p.m. (Pacific).
The webinar will be followed by a Questions And Answers segment. To facilitate this session, please send your questions here by July 14, 2025.
This event was approved by ABA Professional Certifications for 1.25 CRCM, CERP credits. Certification holders must report these credits. This event will appear under “Approved Non-ABA CE” as: Federal Reserve; Federal Reserve Outlook Live: Adverse Action Notifications – Examiner Insights.
Please register for this webinar via the following Zoom link. A confirmation email will immediately follow and includes connection information.
This webinar is part of the ongoing series of events focused specifically on consumer compliance topics. The “Outlook Live” webinar series is a Federal Reserve System initiative produced in conjunction with the Federal Reserve System’s newsletter Consumer Compliance Outlook.
For more information, email Heather Line.
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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