South State Bank does not tolerate any form of discrimination in lending activities of our officers, employees, stakeholders, or third-parties with whom we deal. Our adherence to fair lending principles in the corporate policies and procedures, lending operations, marketing efforts, third-party lending relationships, and staff knowledge of this commitment reinforce our dedication to providing equal access to credit and the equal treatment of all credit applicants.
South State Bank is committed to the principle that all aspects of the lending process (including marketing of credit products, the application process, underwriting, making of credit decisions, loan servicing, collection efforts, and loss mitigation/foreclosure activities) will not in any way discriminate against any person with regard to:
- National origin
- Age (provided the applicant has the capacity to enter into contract)
- Marital Status
- Familial Status
- Military status
- Receipt of public assistance or unemployment
- Good faith exercise of any rights under the Consumer Protection Act
All aspects of lending must be in compliance with all Federal, State and local laws and regulations, including, but not limited to:
- Equal Credit Opportunity Act (ECOA)
- Fair Housing Act (FHA)
- Fair Credit Reporting Act (FCRA)
- Home Mortgage Disclosure Act (HMDA)
- Real Estate Settlement Procedures Act (RESPA)
- Truth in Lending Act (TILA)
- Community Reinvestment Act (CRA)
Forms of discrimination recognized by law include not only overt discrimination based on one or more of the above prohibited bases, but also include disparate (different or unequal) treatment, and practices and/or policies that have an adverse impact on any person(s) (whether intentional or not) based on any of the above prohibited bases.
This statement of fair lending and nondiscrimination is absolute. South State Bank will not tolerate any discriminatory act or behavior, expressing (orally or in writing) any preference based on prohibited factors, or any indication that applicants will be treated differently on a prohibited basis.