The Federal Deposit Insurance Corporation determined that Cross River Bank failed to establish and maintain internal controls, information systems, and prudent credit underwriting practices in conformance with the Safety and Soundness Standards (12 CFR part 364), the Equal Credit Opportunity Act (15 U.S.C. 1691 et seq. and 12 CFR part 1002), and the Truth in Lending Act (15 U.S.C. 1601 et seq. and 12 CFR part 1026).

Authors

• Person: Not available Organization: Consumer Financial Protection Bureau
  Fair Lending Report of the Consumer Financial Protection Bureau

Sources

• Fair Lending Report of the Consumer Financial Protection Bureau www.federalregister.gov Consumer Financial Protection Bureau via serper

Referenced by nodes (3)

• Truth in Lending Act concept
• Equal Credit Opportunity Act concept
• Federal Deposit Insurance Corporation entity