HOLDEN ACT
FAIR LENDING NOTICE
It is illegal to discriminate in the provision of or in the availability of financial assistance because of
the consideration of:
1. Trends, characteristics or conditions in the neighborhood or geographic area surrounding
a housing accommodation, unless the financial institution can demonstrate that
consideration of these conditions in the particular case is required to avoid an unsafe and
unsound business practice; or
2.
It is illegal to consider the racial, ethnic, religious or national origin composition of a neighborhood or
geographic area surrounding a housing accommodation or whether or not such composition is
undergoing change, or is expected to undergo change, in appraising a housing accommodation or in
determining whether or not, or under what terms and conditions, to provide financial assistance.
These provisions govern financial assistance for the purpose of the purchase, construction,
rehabilitation or refinancing of one-to-four unit family residences occupied by the owner, and for the
purpose of the home improvement of any one-to-four unit family residence.
If you have any questions about your rights, or if you wish to file a complaint, contact the
management of this financial institution or the:
DEPARTMENT OF BUSINESS OVERSIGHT
LASER FPDF FI16875 Rev 9-2018
Race, color, religion, sex, marital status, national origin or ancestry.
ATTN: Consumer Services
1515 K Street, Suite 200
Sacramento, CA 95814
(866) 275-2677
8237 3rd St. Downey, CA 90241
562-862-8141 - fax 562-862-7782
www.downeyfcu.org