CLICK HERE to listen to details from Radio Oklahoma's Bob Sands.
An Oklahoma Bank accused of denying loans, because the applicants lived in minority neighborhoods, is settled out of court. The practice of redlining loans is a form of financial discrimination.
The U.S. Justice Department has accused the American Bank of Oklahoma of redlining loans in Black and Hispanic neighborhoods in Tulsa. The bank refused to admit any wrongdoing but agreed to settle the case by putting up 1.15 million dollars in credit for loans, creating a loan office in those neighborhoods, and more.
Comentários