Judge Approves Settlement Of Discriminatory Lending Practices Suit

(August 20, 2019, 7:51 AM EDT) -- INDIANAPOLIS — A federal judge in Indiana on Aug. 12 formally approved a settlement between the U.S. Department of Justice (DOJ) and First Merchants Bank to resolve allegations that the lender engaged in discriminatory lending practices in predominantly African-American neighborhoods in Indianapolis, holding that the terms of the agreement are reasonable and fair (United States v. First Merchants Bank, No. 1:19-cv-02365, S.D. Ind., 2019 U.S. Dist. LEXIS 135703)....