Small Business Lending Data (1071) Working Group - Q1 2025

Purpose of the Group:

Discuss the implementation of Small Business Lending Data (1071)! Each meeting will cover a certain topic. Please come prepared with ideas and challenges you are facing. Generally, there will not be a presenter. This group is not designed to teach detailed technical compliance, but instead will use the collected knowledge and expertise of group members to help each other solve problems in their implementation efforts. 

Location:
VACB Office 
7204 Glen Forest Drive Suite 101
Richmond, Virginia 23226

January 9 - Fair Lending

• Components of business fair lending
  • Loan pricing consistency
  • Identifying exceptions
  • Tracking exceptions
  • Risk assessments
• Potential Data Collection Software Provider