WASHINGTON (Reuters) – ESSA Bank & Trust has agreed to pay over $3 million to resolve allegations it engaged in lending discrimination by redlining majority-Black and Hispanic neighborhoods in and around Philadelphia, the Justice Department said on Wednesday.
A complaint filed in federal court alleges the bank engaged in the discriminatory behavior from at least 2017 to 2021, the department said in a statement.
(Reporting by Rami Ayyub)
