FCRA/FACTA: A Banker's Responsibility

Thursday, June 20th, 2024 10:00 am - 11:30 am Central Time

A Program

Click Here to register for program $299.00

Click Here to register for program and receive recording $449.00

What are your institution's responsibilities for compliance with the Fair Credit Reporting Act (FCRA)? The answer is more complex than you might expect. In this webinar, we'll discuss the nuances of compliance and some of the most common violations.

The FCRA has been around since the 1970s, then it was revised in 2003 under the Fair and Accurate Credit Transaction Act (FACTA). The revisions, which unfolded over an eight-year period, resulted in substantial changes for all financial institutions. It's still a bit of a jumble.

In order to understand the various provisions of the law today, research must include both the FCRA and FACTA and the Consumer Financial Protection Bureau's (CFPB) Regulation V and the Federal Reserve Board's (FRB) Regulation V. This program provides a review of each of these regulations as well as the EGRRCPA amendments. Although many of the provisions are new, program participants frequently comment that they never heard of some of the sections discussed. Ignorance of the law is not an acceptable excuse for violations! If any member of your staff is not familiar with the provisions listed below, they need this program.

What You'll Learn
  • CFPB’s Regulation V
  • FRB’s Regulation V
  • FCRA
  • EGRRCPA amendments


Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC, and has more than two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC, and consumer compliance. During her career, she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs.