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## Episode Summary
In this episode of With Flying Colors, host Mark Treichel welcomes back Joe Goldberg, a veteran attorney with 40 years of experience and former NCUA official. They dive deep into the Equal Credit Opportunity Act (ECOA) and its significance in fair lending practices for credit unions.

## Key Points Discussed
- The purpose and significance of ECOA and Regulation B
- NCUA's increased focus on fair lending examinations
- Coverage of ECOA across various forms of credit
- The nine prohibited bases for discrimination in lending
- Specific examples of potential ECOA violations in credit union practices

## Highlighted Quotes
- "ECOA requires creditors to make decisions related to providing credit and the terms of credit based solely on credit related factors." - Joe Goldberg
- "NCUA has increased its focus on fair lending in the last several years. They even started when I was there. I left there at the end of 2021, but that's still true. And, in fact, the agency is expanding its fair lending examination program." - Joe Goldberg

## Important Takeaways for Credit Unions
1. Review policies and procedures for potential age or marital status discrimination
2. Be aware of the expanding fair lending examination program at NCUA
3. Understand the nuances of the nine prohibited bases for discrimination
4. Consider the risks associated with Department of Justice referrals for ECOA violations

## Next Episode
Tune in for Part 2 of this discussion, where Mark and Joe will continue their exploration of ECOA, including special purpose credit programs and the referral process to the Department of Justice.

## About the Guest
Joe Goldberg is a former NCUA official who led the division responsible for HMDA, fair lending, and consumer compliance. With 40 years of experience as an attorney, he now works as a consultant in the credit union industry.

## Resources Mentioned
- NCUA Letter to Credit Unions: 22-CU-04 (February 2022)
- Equal Credit Opportunity Act (ECOA)
- Regulation B

## Get in Touch
For more information on achieving success with NCUA, visit [marktreichel.com](https://marktreichel.com).