"My favorite part of attending ICBA Institutes is connecting with peers from other institutions. I look forward to future events knowing familiar faces will be there, and while the training is always excellent, it’s the networking that keeps me coming back."
-McKenzie Humpal, VP Compliance Officer at First Citizens Bank in Iowa
"Through ICBA, I earned the CCBIA, CBAP, and CCBCO designations, each enhancing my role at different stages of my career. Each designation provided valuable resources and insights that improved my expertise in these areas."
-Michael Hoehn, Assistant Compliance Officer and CRA Officer at First Metro Bank in Muscle Shoals, Alabama.
"The Fraud Seminar was excellent and very informative. I got a lot of resources that will help in our FI. Great tools."
-Donna Franklin, AmeriState Bank, Atoka, Ohio
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Small Business Lending Rule (1071): Practical Application (Individual)
Online Course
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CPE Credits: 0.75
The Small Business Lending Rule (aka 1071) requires financial
institutions collect and report to the CFPB certain data regarding
applications for credit for women-owned, minority-owned, and small
businesses in order to facilitate enforcement of fair lending laws,
and enable communities, governmental entities, and creditors to
identify business and community development needs and opportunities.
This course will provide details on the specific parts of the
regulations that commercial lenders and lending support staff will
need to focus on in order to comply with the rules. This course is
intended for commercial lenders and lending support staff.
Rev–May 2024
Course length ≈ 41minutes
Learning Objectives:
Know which credit applications require data collection and reporting
Determine an applicants gross annual revenue
Provide the appropriate disclosures to applicants
Acknowledge the firewall requirements of the new rules
Course Outline:
Covered Transactions & Applications
Data Points
Data Collection & Disclosures
Firewall
This course is worth 0.75 CPE credit. – Course ID# P4928EN
