FCRA: Are Your Reports Accurate and Is Your Institution Compliant?

Wednesday, August 16, 2017 • 2:00 - 3:30 p.m. ET

The accuracy of credit reports is more and more important—for banks that use them as key indicators of a borrower's willingness and ability to repay, and for consumers because these reports are increasingly used for a variety of critical purposes including credit, insurance, employment and rent. For these reasons regulators have been renewing their focus on the accuracy of reports and responses to disputes.

This Briefing will focus on:

  • Available sources banks can use as guidance to avoid violations and prepare for regulatory scrutiny
  • Problematic areas found by regulators that banks should focus on to ensure they are in compliance, including discussion of the following questions:
    • Is Your Board adequately involved?
    • Are your written procedures up-to-date and followed?
    • Are you responding to disputes properly?
    • Are you reviewing credit bureau exception reports?
    • Are you correctly coding reports?
    • What are your policies and practices on deposit account reports?
  • Best practices regarding FCRA compliance management risk, including use of a governance committee
  • Challenging areas such as mortgage servicing, including how and what to transfer


  • Nessa Feddis, Senior Vice President and Deputy Chief Counsel, American Bankers Association (moderator)
  • Andrew M. Smith, Partner, Covington & Burling LLP
  • Lynn Tarantino, Senior Vice President and Chief Compliance Officer, Cenlar FSB

 Continuing Education Credits

The Institute of Certified Bankers (ICB) has been approved for 2.0 CRCM continuing education credits for the live program and the recording.

CPE logoThis group-live event is eligible for 1.5 CPE credits for CPAs (Regulatory Ethics). Recordings are not eligible for CPE credits. No prerequisites required.

American Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
Questions? Please contact Linda Shepard / Cari Hearn for more information.

 Pricing & Purchasing


Live Briefing or Recording
ABA Member • $235
Non-Member • $365

Registration information available soon.

Live registration provides a connection for one room where unlimited listeners can be present, and streaming recording access FREE for 7 days.


 Who Should Attend

  • Compliance Officers and Managers
  • Lending Officers
  • Risk Managers and Auditors
  • Bank Counsel
  • CRCMs and CPAs

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