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The National Credit Union Administration and six other federal agencies rescinded their February 2022 interagency statement on special purpose credit programs under the Equal Credit Opportunity Act.
The National Credit Union Administration and six other federal agencies rescinded their February 2022 interagency statement on special purpose credit programs under the Equal Credit Opportunity Act. — via Downstream, https://downstream.sh/daily/agency/national-credit-union-administration/#s-2026-08-25
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NoticeFederal Deposit Insurance CorporationNational Credit Union AdministrationTreasury DepartmentComptroller of the CurrencyConsumer Financial Protection BureauHousing and Urban Development DepartmentJustice DepartmentFederal Housing Finance Agency
FDIC, NCUA, OCC, CFPB, HUD, DOJ, and FHFA (collectively, the agencies) are issuing this notice to inform the public of the rescission of the "Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B" (Interagency Statement), dated February 22, 2022. The agencies are rescinding the Interagency Statement to make clear that (1) creditors may not discriminate against borrowers based on prohibited characteristics and (2) creditors should not rely upon the Interagency Statement or other related issuances going forward.
- ○Takes effect 10 days ago
91 FR 54875FR Doc. 2026-17307official PDF↗federalregister.gov↗