The Federal Financial Institutions Examination Council
announced today it will conduct three Fair Lending seminars in 1994
for chief executive officers of financial institutions. The
overall goal of the seminars is to assist top management of
financial institutions in better understanding fair lending issues
and instituting policies that ensure nondiscriminatory lending
Each seminar will emphasize the fair lending priorities of the
agency principals and the initiatives underway to carry them out,
the role of the Justice Department and the Department of Housing
and Urban Development in enforcing the fair lending laws, secondary
market standards and their effect on institutional fair lending
practices, and successful ways lenders have improved their fair
The sensitivity and importance of fair lending makes it
imperative that top management set the example for their staff by
ensuring that there is a corporate commitment to fair lending
practices. Consequently, the agencies encourage attendance at
these one-day seminars by a member of an institution's executive
management team. The issues and discussions will be aimed at
presidents, chief executive officers and directors of financial
institutions. Identification of discrimination, including subtle
practices that may impede the availability of credit to low-income
and minority individuals, is a fundamental step toward eradicating
illegal discrimination from the credit markets.
Senior regulatory officials, including agency principals, will-2-
address the sessions. Other speakers may include law enforcement
officials, leading consultants, and other authorities on fair
Senior staff from the financial institutions regulatory
agencies will be available at the conclusion of the seminars for
The attached application from should be used for registration.
Applications must be accompanied by a check payable to the FFIEC in
the amount of $250, which includes a continental breakfast and
luncheon. Early registration is recommended. Space is limited and
receipt of your application is no guarantee of registration.
Checks will be returned promptly if application is received after
the conference has been filled. Accepted applicants will be given
information regarding direct hotel registration. A reproduced copy
of the application form may be utilized for additional applicants.
Written cancellation must be received at least 30 days before the
conference in order to receive a refund.
Distribution: FDIC-Supervised (Commercial and Savings)