article thumbnail

DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

Trustmark is a national bank headquartered in Jackson, Mississippi with 196 branches in five southern states. Did not monitor or document where its loan officers developed referral sources or to whom they distributed marketing or outreach materials to ensure that such sources or distribution occurred in all neighborhoods in the Memphis MSA.