Compliance Question of the Week

Federal credit unions, with the respect to written and visual advertisements, may satisfy the notice requirement by including in the advertisement a copy of the logotype with the legend “Equal Housing Lender” or a copy of the logotype, with the legend “Equal Housing Opportunity.”

State credit unions are regulated under the HUD and must use “Equal Housing Opportunity.”

Both federal- and state-chartered credit unions are prohibited from engaging in any advertising of real estate-related loans that violate the Fair Housing Act or the Equal Credit Opportunity Act. 

Related Links
12 CFR 701.31 (i)

24 CFR 200.620

24 CFR 110.25 (a)

 

Questions? Contact the Compliance Hotline: 1.800.546.4465 or email us at compliance@nwcua.org

Posted in Compliance, Federal.