NC S369

Requires financial institutions operating in North Carolina to provide financial products and services on proportionally equal terms to all persons engaged in lawful activities, with pricing and denial decisions based on measurable risks.

Prohibits financial institutions from denying financial products or services to persons engaged in lawful activities based on personal, ideological, moral, or political opinions.

Applies to banking corporations, trust companies, savings and loan associations, credit unions, payment processing platforms, and credit card companies.

Grants the North Carolina Commissioner of Banks authority to examine institutions, receive consumer complaints, and impose disciplinary actions including revocation, suspension, or refusal to renew charters or licenses for violations.

Grants the North Carolina Administrator of Credit Unions similar examination and enforcement authority over credit unions, including ability to revoke or suspend certificates of approval for violations; becomes effective October 1, 2023.