Ga. bank fined $25,000 for lending discrimination - FOX 26 News | MyFoxHouston

Ga. bank fined $25,000 for lending discrimination

Posted: Updated:

ATLANTA (AP) - A metro Atlanta bank is being fined $25,000 by federal authorities who say the bank discriminated against borrowers by publishing marketing materials exclusively in Asian languages.

The Atlanta Journal-Constitution reports the First Intercontinental Bank of Doraville agreed to the fine in a consent agreement with the Federal Deposit Insurance Corp.

The FDIC says the bank printed all of its marketing materials in only Asian languages for more than two years, from March 2007 to June 2009. The FDIC concluded the practice showed a pattern of discrimination against potential borrowers.

The bank did not admit to any violations by consenting to the fine.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • LocalMore>>

  • Halliburton reaches $1B Gulf oil spill settlement

    Halliburton reaches $1B Gulf oil spill settlement

    Tuesday, September 2 2014 11:41 AM EDT2014-09-02 15:41:58 GMT
    Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill.
    Halliburton agreed to pay $1.1 billion to settle what it calls "a substantial portion" of plaintiff claims arising from the 2010 BP oil spill in the Gulf of Mexico.
  • Galveston seaweed affects tourism

    Galveston seaweed affects tourism

    Tuesday, September 2 2014 10:38 AM EDT2014-09-02 14:38:09 GMT
    Thousands are enjoying the holiday in Galveston but are some steering clear of the island because of all the seaweed? “Originally I wasn't going to come here because of that because I read reviews on the seaweed here,” admits Elisa Popa and then she adds “We just got here. I think it's so beautiful. The ocean is just so nice”.”The seaweed thing this year has been tough. This is the most seaweed we've had since 1961,” explains head of Galveston Beach Patrol Peter Davis. “Looking at the numbers...
    Thousands are enjoying the holiday in Galveston but are some steering clear of the island because of all the seaweed? “Originally I wasn't going to come here because of that because I read reviews on the seaweed here,” admits Elisa Popa and then she adds “We just got here. I think it's so beautiful. The ocean is just so nice”.”The seaweed thing this year has been tough. This is the most seaweed we've had since 1961,” explains head of Galveston Beach Patrol Peter Davis. “Looking at the numbers...
  • Houston fire union president resigns over threats

    Houston fire union president resigns over threats

    The president of Houston's fire department union has resigned in the middle of contract negotiations with the city after he says fellow firefighters threatened his family.
    The president of Houston's fire department union has resigned in the middle of contract negotiations with the city after he says fellow firefighters threatened his family.
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices