That push for tougher standards came after U.S Justice Department officials levied a $13 million settlement in 2022 against Lakeland Bank over alleged redlining of Black and Hispanic customers.
Bank of America is planning to settle a class-action lawsuit accusing the financial giant of charging hidden fees for wire ...
Both banks are supervised by the Federal Deposit Insurance Corp. Because they both have bank holding companies, they are also supervised by the Fed. The merger was approved despite fair lending ...
ISELIN, N.J. and OAK RIDGE, N.J, April 11, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (“Provident”), the parent company of Provident ...
It was unclear at the time of publication whether either will see payouts in the Bank of America settlement. At least two other states that did not get payouts in either the Citigroup or JPMorgan ...
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services ...
Under the Payment Clearing and Settlement Act, the Bank is responsible for the oversight of FMIs that have the potential to pose systemic or payments system risk. These include three types of ...
(RTTNews) - Provident Financial Services Inc. (PFS), the parent company of Provident Bank, and Lakeland Bancorp Inc. (LBAI), the parent company of Lakeland Bank, announced receipt of regulatory ...