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Federal Reserve Bank
of Dallas

l l★K



February 1, 1999
Notice 99-09

TO: The Chief Executive Officer of each
financial institution and others concerned
in the Eleventh Federal Reserve District

Interagency Fair Lending
Examination Procedures
The Federal Financial Institutions Examination Council (FFIEC) has announced the
release of core Interagency Fair Lending Examination Procedures. The uniform procedures will
be used by each of the FFIEC member agencies in their examinations for compliance with the
broad, nondiscriminatory requirements of the Equal Credit Opportunity Act and the Fair Housing
The core procedures provide a basic and flexible framework to be used for the majority of fair lending examinations and may be augmented by each agency. Agencies may provide
their examiners and the specific institutions they regulate with additional procedures and details
as needed to implement the core procedures effectively.
The Interagency Fair Lending Examination Procedures are the culmination of two
years of effort by the FFIEC Consumer Compliance Task Force. They reflect a determination by
the FFIEC member agencies that fair lending compliance examinations should be conducted
using a risk-based approach that considers each institution’s particular loan product mix, market
demographics and past performance, as well as the nature and quality of data available from or
about the institution. The new core procedures are divided into four sections:
I. Examination Scope Guidelines;
II. Compliance Management Review;

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012;
Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.


III. Examination Procedures; and,
IV. Obtaining and Evaluating Responses from the Lender and Concluding the Examination.
The Interagency Fair Lending Examination Procedures are available on the FFIEC’s
Web site at For more information regarding the procedures,
please contact Dean Pankonien at (214) 922-6154.
For additional copies of this Bank’s notice or a copy of the procedures, contact the
Public Affairs Department at (214) 922-5254.
Sincerely yours,

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102