FDIC and Equal Housing Lender

FDIC

What is the FDIC?

The FDIC (Federal Deposit Insurance Corporate is an independent agency of the United States government that protects you against the loss of your deposits if an FDIC-insured bank or savings association fails.  FDIC insurance is backed by the full faith and credit of the United States government.  Since the FDIC’s creation in 1933, no depositor has every lost even one penny of FDIC-insured deposits.

Learn More:  View Tutorial
Or for more information, visit www.fdic.gov
Calculate the insurance coverage for your personal or business accounts:  www.fdic.gov/edie.

EHL

What does Equal Housing Lender mean?

Timberwood Bank is an Equal Housing Lender, which means that we do business in accordance with Federal Fair Lending laws.  Under the Federal Fair Housing Act, it is illegal, on the basis of race, color, national origin, religion, sex, handicap, or familial status (having children under the age of 18), to:

  • Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling, or deny any loan secured by a dwelling, or
  • Discriminate in fixing the amount, interest rate, duration, application procedures or other terms or conditions of such a loan, or in appraising property.

If you believe you have been discriminated against, you should send a complaint to:
Assistant Secretary for Fair Housing and Equal Opportunity
Department of Housing & Urban Development
Washington, DC 20410

for processing under the Federal Fair Housing Act

and to:
FDIC Consumer Response Center
1100 Walnut Street, Box #11
Kansas City, MO 64106

For processing under the FDIC Regulations

Under the Equal Opportunity Credit Opportunity Act, it is illegal to discriminate in any credit transaction

  • On the basis of race, color, national origin, religion, sex, marital status, or age
  • Because income is from public assistance, or
  • Because a right was exercised under the Consumer Credit Protection Act

If you believe you have been discriminated against, you should send a complaint to:
FDIC Consumer Response Center
1100 Walnut Street, Box #11
Kansas City, MO 64106