Among that total is a $20 million federal settlement with Trident Mortgage in Pennsylvania in July and a $13 million settlement with Lakeland Bank in New Jersey in September.

Bank to Pay $31M Redlining Settlement, DOJ's Largest Ever NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to ...

In comparison, the bank opened or acquired 11 branches in that time period. In addition, no employee was dedicated to underwriting mortgages at that one branch, unlike branches in majority white ...

Redlining is a discriminatory lending practice impacting communities of color. The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the ...

As part of the settlement, City National Bank has agreed to invest $29.5 million in a loan subsidy fund for residents of majority-Black and Hispanic neighborhoods in Los Angeles County and to open ...

A judge said he would approve Deutsche Bank AG’s $26.3 million settlement of a lawsuit that accused the bank of misleading ...

ISELIN, NJ. and OAK RIDGE, NJ., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident ...

A settlement with the Department of Housing and Urban Development with Associated Bank in 2015 involved the bank making a commitment to make $200 million in increased lending in minority-majority ...

A settlement with the Department of Housing and Urban Development with Associated Bank in 2015 involved the bank making a commitment to make $200 million in increased lending in minority-majority ...

The largest bank headquartered in Los Angeles agreed to pay $31 million for allegedly engaging in lending discrimination in what is the largest redlining settlement in Department of Justice ...