Feds look to drop oversight of bank accused of discrimination in Newark • New Jersey Monitor

Feds look to drop oversight of bank accused of discrimination in Newark • New Jersey Monitor

A judge ordered federal oversight after Lakeland Bank was accused of lending discrimination in 2022 in Newark. Feds now want to end oversight. (Photo by New Jersey Monitor)The Trump administration aims to end federal oversight a judge ordered in 2022 of a bank that avoided giving mortgages to people of color and opening bank branches in Black and Hispanic communities in the Newark area. Lakeland Bank has substantially complied with changes requi…

Feds look to drop oversight of bank accused of discrimination in Newark

by Dana DiFilippo, New Jersey Monitor The Trump administration aims to end federal oversight that a judge ordered in 2022 of a bank that avoided giving mortgages to people of color and opening bank branches in Black and Hispanic communities in the Newark area. Lakeland Bank has substantially complied with changes required under the SeptemberContinue reading "Feds look to drop oversight of bank accused of discrimination in Newark" The post Feds l…