State of New York accuses Evans Bank of redlining

The settlement concludes a year-long litigation, commenced by the Attorney General against Evans in the U.S. District Court for the Western District of New York, alleging that Evans had systematically denied its mortgages and services to African-Americans in the Buffalo metro area.

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2015-10-16  · redlining black america. (0,000), and payment of fees and costs to the state. New York Accuses Evans Bank of Redlining;

THE COMPLAINANT & THE COMPLAINT FOR THE PUBLIC PROSECUTION OF 2013 Evans Bank also clustered its branches in predominantly white neighborhoods, according to prosecutors. Of its 14 branches throughout New York State, 11 were in Buffalo’s suburbs, which largely consist of white borrowers.

The bank, accused of redlining, or denying mortgage loans to predominantly African-American neighborhoods in Buffalo, New York, has agreed to establish an $825,000 settlement fund to promote.

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Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining. The $909 million-asset holding company for Evans Bank was sued by New York’s attorney general in September 2014, on allegations that it deliberately avoided making mortgage.

(New York Attorney General Office) In May, the U.S. Department of Housing and Urban Development announced a $200 million settlement with Associated Bank over redlining in Chicago and Milwaukee.

(Recasts first paragraph, adds statement from bank’s president, details from lawsuit) NEW YORK, sept 2 (reuters) – New York. Schneiderman’s office of redlining by New York banks in the wake of the.

An $825,000 settlement between Evans Bank and New York State could provide a major boost to revitalization efforts on Buffalo’s east side. attorney general accuses Evans Bank of ‘redlining’ black. Regional New York bank Evans Bancorp was accused of illegally discriminating against African-Americans in Buffalo by denying them mortgages in a lawsuit filed by the state’s attorney general on.

An $825,000 settlement between Evans Bank and New York State could provide a major boost to revitalization efforts on Buffalo’s East Side. Attorney general accuses Evans Bank of ‘redlining’ black.

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Regional New York bank Evans Bancorp was accused of illegally discriminating against African-Americans in Buffalo by denying them mortgages in a lawsuit filed by the state’s attorney general on.