DOJ’s 14th redlining settlement is its first with a credit union

Citadel Federal Credit Union “respectfully disagrees” with allegations, agrees to invest $6.5 million and open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia. Continue reading

OceanFirst Bank settles DOJ redlining allegations for $15M

Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million. Continue reading