Justice Department & State of North Carolina Secure $13.5 Million Agreement With First National Bank of Pennsylvania to Resolve Redlining Claims in North Carolina
February 06, 2024
February 06, 2024
WASHINGTON, Feb. 6 -- The U.S. Department of Justice issued the following news release on Feb. 5, 2024:
The Justice Department and the State of North Carolina jointly announced today that First National Bank of Pennsylvania (FNB) has agreed to pay $13.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina. Redlining is an illegal pra . . .
The Justice Department and the State of North Carolina jointly announced today that First National Bank of Pennsylvania (FNB) has agreed to pay $13.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina. Redlining is an illegal pra . . .