NJ Bank Agrees To $14M Subsidy Fund In DOJ Redlining Deal

By Jon Hill · September 18, 2024, 12:51 PM EDT

A New Jersey regional bank has agreed to provide at least $14 million in loan subsidies as part of a proposed consent order unveiled Wednesday to settle U.S. government claims that...

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Case Information

Case Title

UNITED STATES OF AMERICA v. OCEANFIRST BANK, NATIONAL ASSOCIATION

Case Number

3:24-cv-09248

Court

New Jersey

Nature of Suit

Civil Rights: Accommodations

Date Filed

September 18, 2024