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Major US Bank Pays $13,500,000 Settlement After Facing Federal Investigation on Illegal and Discriminatory Practices

Major US Bank Pays ,500,000 Settlement After Facing Federal Investigation on Illegal and Discriminatory Practices

The US Justice Department and the state of North Carolina are settling with a major US bank to resolve allegations that the lender discriminated against its community for years. In a press release, the Justice Department says First National Bank of Pennsylvania (FNB) redlined predominantly black and hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina. […]

The post Major US Bank Pays $13,500,000 Settlement After Facing Federal Investigation on Illegal and Discriminatory Practices appeared first on The Daily Hodl.

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