Eagle Bank Reaches Agreement With DOJ To Settle Discrimination Claim

The Department of Justice (DOJ) announced today that they had reached an agreement with Eagle Bank and Trust Company to resolve allegations that “Eagle Bank and Trust Company (Eagle Bank) engaged in a pattern or practice of “redlining” predominantly African-American neighborhoods in and around St. Louis.”  “Redlining” is defined by the DOJ as “the discriminatory practice by banks or other financial institutions to deny or avoid providing credit services to a consumer because of the racial demographics of the neighborhood in which the consumer lives.”

In order to resolve the allegations, Eagle Bank has agreed to:

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See The Lawsuit Filed By The Department of Justice vs Eagle Bank

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