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F eder al Reser ve Ba n k o f D allas DALLAS. TEXAS 75222 C i r c u l a r No. 77-49 A p r i l 21, 1977 R E G U L A T IO N B — EQ UAL C R E D IT O P P O R T U N IT Y Use o f Forms TO A L L B A N K S , O T H E R C R E D IT O R S , AND O THERS CO NCERNED IN TH E E LE V E N TH FE D E R A L RESERVE D IS T R IC T : It has come to our attention that some re p re s e n ta tiv e s of companies sellin g forms d esigned to comply w ith the new R egulation B, "E q u a l C r e d i t O p p o r t u n i t y , " a r e te llin g c r e d ito r s that use of the forms is r e q u ir e d b y the r e g u la tio n . T h e form s a r e u s u a lly duplic ate s of the model " a d v e r s e action" form found on page 15 of the re g u la tio n and of the model a p p lic a tio n forms found on pages 27-36 of the r e g u l a t i o n . You should be a w a r e th a t R e gulation B does not r e q u i r e the use of w r i t ten a p p lic a tio n fo rm s . Should a c r e d ito r d e s ir e to use w r itte n fo rm s , the forms on pages 2 7 -3 6 of the re g u la tio n a r e p r o v id e d as m odels. H o w e v e r , a c r e d ito r may d esign his o r h e r own fo rm s . In a d d itio n , w h ile most c r e d ito r s w i ll be r e q u i r e d to p r o v id e w r itte n notice of a d v e r s e a c tio n , the form on page 15 is p r o v id e d as a model o n ly , and use of th a t specific form is not r e q u i r e d . We w ould a p p re c ia te y o u r re p o rtin g a ny m is re p re s e n ta tio n s of this ty p e made b y r e p re s e n ta tiv e s of p r in t in g companies to R ic h a r d B . West o r Eugene C o y , J r . , of o u r R egulations D e p a rtm e n t, E x t. 6171. A n y questions r e g a r d in g R e g u la tion B should be d ir e c te d to M r . West o r M r . Coy as w e l l . S in c e r e ly y o u r s , R o b e rt H . B o y k in F ir s t V ic e P re s id e n t Banks and others are encouraged to use the follo win g to ll-fr e e incoming WATS numbers in contacting this Bank: 1-800-492-4403 (intra s ta te ) and 1 -8 0 0 -52 7 -4 97 0 (in te rs ta te ). For c a lls placed loc a lly , p lease use 651 plus the extension referred to above. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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