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https://i-invdn-com.investing.com/news/LYNXNPEC0L0PD_M.jpgWASHINGTON (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.