JUSTICE DEPARTMENT SETTLES LENDING DISCRIMINATION SUIT WITH OHIO-BASED BANKS

摘要

The Justice Department announced on December 28, 2016, that it entered into a settlement to resolve allegations that Union Savings Bank and Guardian Savings Bank engaged in a pattern or practice of "redlining" predominantly African-American neighborhoods in and around Cincinnati; Columbus, Ohio; Dayton, Ohio; and Indianapolis. "Redlining" is the discriminatory practice by banks or other financial institutions of denying or avoiding providing credit services to consumers because of the racial demographics of the neighborhood in which the consumer lives.