Board of Directors
Become a NAFCU Member
NAFCU Employment Opportunities
Together we are strong. Join NAFCU now and get 1/2 off your 2015 membership dues.
Watch the Video
Legislative & Regulatory Issues
Annual Privacy Disclosure Notices
CFPB's Qualified Mortgage Definition
Credit Union Tax Exemption
Defense Credit Union Issues
Housing Finance Reform
Member Business Lending
Regulatory Comment Letters
Legislative Policy Letters
Beltway Buzz Enewsletter
The Regulatory Affair Enewsletter
Grassroots Action Center
Make an impact with your Senators and Representatives at NAFCU’s Congressional Caucus.
Regulation & Compliance
Contact the Compliance Team
Compliance Resources Search
CFPB Mortgage Rules Compliance
Monthly Compliance Enewsletter
Quarterly BSA Enewsletter
Book of Answers
Compliance GPS Manual
NAFCU Compliance Blog
Additional Compliance Resources
Compliance Certification Program
Become an NCCO
Purchase or Retake Exams
Maintaining Your NCCO
Submit Non-NAFCU Programs for Credits
NCCO Program Frequently Asked Questions (FAQs)
NCCO Compliance Support Package for State-Chartered CUs
Get critical credit union training at the new Risk Management Seminar in August.
Data & Research
Economic & Credit Union Industry Trends
CU Industry Trends Quarterly Report
Economic and CU Research Enewsletter
Macroeconomic Data Flash Reports
NAFCU Annual Report on Credit Unions
Credit Union Federal Tax Exemption Study
Participate in Credit Union Research Surveys
Measure Your CU Financial Performance
Credit Union Capital Management Tools
CU Data & Research Publications
Economic Data & Forecast Web Links
New Economic and CU Monitor Enewsletter reveals data on prepaid cards and 2015 outlook.
Education & Conferences
Strategic Growth Conference
Regulatory Compliance School
CEOs and Senior Executives Conference
Board of Directors and Supervisory Committee Conference
Annual Conference and Solutions Expo
Risk Management Seminar
Management and Leadership Institute
Regulatory Compliance Seminar
Online Training Center
Live and On-Demand Webcasts
Compliance Webcast & Online Training Subscription
Board of Directors and New Staff Online Training Subscription
Management and Leadership Series
Online Training Center All Access Pass
Certification & Training Certificates
NAFCU Certified Compliance Officer (NCCO) Program
Financial Literacy Training Certificate
BSA Training Certificate
Supervisory Committee Training Certificate
Credits for CPAs
Advertise & Exhibit
Save $200 on any conference with code HOLIDAY before Jan. 9!
About NAFCU Services
Preferred Partners A-Z
Growth and Retention
Financial and Insurance
Infrastructure and Operations
Training and Compliance
Live Webinar Schedule
NAFCU Services Blog
Become a Preferred Partner
Browse free educational resources for credit unions.
Visit the Partner Library
N.Y. accuses local bank of 'redlining'
N.Y. accuses local bank of 'redlining'
September 3, 2014
Sept. 3, 2014 – The New York State attorney general is accusing the regional Evans Bank of violating the Fair Housing Act for not offering mortgages to predominantly minority communities regardless of a consumers’ creditworthiness, or “redlining,” according to reports.
On Tuesday, Attorney General Eric T. Schneiderman filed suit in a New York state court.
The New York Times
that prosecutors in the suit noted that since 2009, “Evans Bancorp has created a map that defined the ‘trade area,’ places in the Buffalo metropolitan region where the bank would make mortgages and other loans. The bank, prosecutors contend, deliberately excised much of Buffalo’s East Side.”
noted that since the financial crisis, there is a “patchy credit drought” being formed as “banks refuse to lend in those same minority communities where credit once flowed.”
The Wall Street Journal
that some large banks, including Wells Fargo & Co. and J.P. Morgan Chase, are retreating from the home-loan market due to mortgage-related legal settlements, new banking standards and increased regulations.
However, NAFCU Chief Economist and Director of Research Curt Long pointed out that credit unions continue to increase their mortgage lending market share and that more than 8 percent of mortgage originations are now made by credit unions.
"Nonbank lenders making more mortgage loans" 8/29/14
Home Depot investigating possible data breach
MBL, bylaws noted in NAFCU letter on NCUA reg review