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

CFPB Monitor

The DOJ, CFPB, and OCC, announced they had entered into agreements with Trustmark National Bank (TNB) to resolve allegations that TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee. It currently operates 22 branches in the Memphis metropolitan area.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. The bank, which attributes 31% of its loan portfolio to agriculture, opened loan production offices (LPOs) in Mississippi, Florida and Alabama. “We Wrentham Co-operative Bank.