top of page
  • carinanicole7

DOJ says First National Bank discriminated against Black, Latino borrowers in North Carolina

By Ken Sweet, AP

NEW YORK (AP) — First National Bank of Pennsylvania discriminated against Black and Latino homebuyers in North Carolina for a period of at least four years, the Justice Department said Monday, the latest in a long list of banks who have been caught redlining.

The Justice Department said FNB will pay $13.5 million to settle the redlining charges, of which the bulk will go into a fund to help subsidize loans for Black and Latino borrowers in Charlotte and Winston-Salem, two housing markets where the DOJ found discrimination. READ MORE

2 views0 comments


bottom of page