According to the U.S. Department of Labor and the OFCCP, almost all banks, financial organizations and depository institutions are considered government contractors and have the responsibility to develop and maintain an affirmative action (AA) program under E.O. 11246. Learn more about why banks are included as federal contractors and why they have to maintain E.O. 11246-compliant policies and procedures by reading this article by Lighthouse Compliance Solutions.
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