Bank Agrees To Pay $13.5M To Resolve Redlining Claims Raised By DOJ, North Carolina

(February 6, 2024, 2:19 PM EST) -- GREENSBORO, N.C. —  First National Bank of Pennsylvania (FNB) has agreed to pay $13.5 million to resolve the U.S. Department of Justice (DOJ) and state of North Carolina’s allegations that it “engaged in a pattern or practice of unlawful redlining” in Black and Hispanic neighborhoods in two cities in the state, according to two proposed consent orders filed Feb. 5 in federal court....