Education Center
At TriState Capital Bank, we take education as seriously as we do our partnerships. That’s why we’ve proactively gathered some educational content and important links that we encourage all our clients and partners to utilize.
COMPLIANCE OVERVIEW: FAIR LENDING
The overarching purpose of the fair lending rules is to avoid discrimination of protected classes who are in the
process of applying for credit. To comply, a lender must have reasoned and non–discriminating methods for taking and reviewing credit applications. Understanding the details of Regulation B ensures that we effectively manage our fair lending compliance risk.
TriState Capital Bank is regulated by a number of different regulatory agencies and is responsible for ensuring that its business complies with federal consumer regulations. These regulations are applicable when TriState conducts business directly with a potential borrower or through a third-party intermediary. Thus, the business conducted with third parties is subject to the requirements of the regulations.