Equal Credit Opportunity Act (ECOA) for Personal Bankers
This course focuses on the ECOA responsibility of Personal Bankers who deal with credit applicants, to ensure that they are treated fairly. This course identifies how the ECOA’s provisions affect a bank's procedures for all aspects of the credit transaction process, from making credit available to finally making a credit decision and maintaining client records. This course also reminds Personal Bankers about civil liabilities and other consequences for noncompliance.
| Price | $75 Nonmembers / $55 Members |
| Course Credits | AIB: 0 ; ICB: 0 |
| Prerequisites | None |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
Personal Bankers who interact with lending clients on a daily basis.
Learning Objectives
After completing this course, students will be able to:
- Describe the scope of the Equal Credit Opportunity Act
- Explain what you must do to comply with the Equal Credit Opportunity Act
- Describe the consequences of noncompliance
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.